AAPL Apple (halted, will resume at 16:50) misses by $0.08, reports revs in-line; guides Q1 EPS, revs below consensus
Reports Q4 (Sep) earnings of $8.67 per share, $0.08 worse than
the Capital IQ Consensus Estimate of $8.75; revenues rose 27.2% year/year to $35.97 bln vs the $35.78 bln consensus.
- 26.9 mln iPhones sold in Q4 vs Street est of ~25 mln
- 14 mln iPads sold in Q4 vs Street est of ~17 mln
- 4.9 mln Macs sold in Q4 vs Street est of ~5 mln
- Co reported Q4 gross margins of 40.0% vs Street est of 40.6% and 38.5% guidance.
Co issues downside guidance
for Q1, sees EPS of ~$11.75 vs. $15.53 Capital IQ Consensus Estimate; sees Q1 revs of ~52 bln vs. $54.95 bln Capital IQ Consensus Estimate. CO typically guides conservatively.