Apple Beats Expectations With $49.6B But iPhone Sales Disappoints

by Greg Sterling
Apple just announced its fiscal Q3 earnings. The company generally beat analyst expectations with $49.6 billion in revenue. However guidance was light and iPhone units underperformed vs. analyst expectations, even though iPhone revenue was up 59 percent over last year. Of the $49.6 billion, Greater China contributed $13.2 billion which was down sequentially but up 112 percent vs a year ago.Read the full article