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Apple: beats consensus in Q4

(CercleFinance.com) - On Thursday evening Apple announced 41% growth in EPS to 2.
91 dollars for Q4 of its fiscal year 2017-18 (to 29 September), exceeding the consensus by 14 cents.

Apple's revenues, which in particular produces the iPhone and the Mac computer, increased by 20% to 62.9 billion dollars, including service revenues that reached an historical peak of 10 billion dollars, up 27%.

Regarding its first quarter of 2018-19, the technology group, which is based in Cupertino, California, said that it expects a gross margin of 38% to 38.5%, for revenues of between 89 billion and 93 billion dollars.

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