Apple Shares Decline Despite Fiscal Q4 Earnings and Revenue Beat
Apple (AAPL) reported fiscal fourth-quarter results that exceeded Wall Street expectations, driven largely by strong iPhone performance. For the quarter ending September 26, the company posted earnings of $2.10 per share and saw revenue grow 12% year-over-year. Despite the financial beat, Apple shares fell 1.2% in extended trading on Monday. This suggests that investor expectations may have been even higher or that market participants are reacting to specific guidance or broader macroeconomic concerns following the announcement.
Tickers: $AAPL
Topics: earnings report revenue growth stock price movement
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