Apple’s $52.9B In Revenue Misses Estimates, iPhone Sales Below Expectations
Apple announced a revenue of $52.9 billion, which was up versus last year, but short of analyst expectations of $53 billion. But on a good note, Apple beat earnings per share estimates y $0.08. The company sold just under 51 million iPhones in the first quarter, lower than the 53 million analysts had expected. Apple smartphone sales [...]