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Apple crushes earnings expectations as iPhone sales soar 50% SHARE Apple Inc. delivered third-quarter financial results that crushed Wall Street’s expectations today, with iPhone sales up almost 50% compared to the year prior, but its stock fell in extended trading as it warned growth would likely slow in the next quarter. The company reported a profit before certain costs such as stock compensation of $1.30 per share on revenue of $81.4 billion, up by an impressive 36% from a year ago. That surpassed expectations by some distance, with analysts forecasting a profit of just $1.01 per share on sales of $73.33 billion. Apple Chief Financial Officer Luca Maestri hailed a “record operating performance” for the company, setting new revenue records in each of its geographic segments and double-digit growth in every product category.

Andy jassyMichael dellPat gelsingerLuca maestriCharles kingHolger muellerTim cookCube clubAmazon web servicesConstellation research incMicrosoft corpCube event communityApple incWall streetChief financial officer luca maestriApple chief executive tim cook