Apple reported Christmas-quarter revenue that beat Wall Street expectations on rebounding iPhone demand and surging sales of wearable devices. Apple reported Christmas-quarter revenue that beat Wall Street expectations on rebounding iPhone demand and surging sales of wearable devices. A sales forecast for the current quarter also exceeded analysts’ projections, sending Apple’s stock up about 2pc in extended trading. The California-based company reported $91.8bn (€83.3bn) in revenue for the fiscal first quarter, up 9pc from a year earlier. Wall Street was looking for $88.4bn, according to data compiled by Bloomberg.

Source: Irish Independent January 29, 2020 02:26 UTC