Here's What Wall Street Is Saying About Apple's Earnings Report
- Apple outlook still largely bullish after earnings beat
- Analysts left wishing CEO Cook gave more details on iPhone X
What Tim Cook Had to Say About Apple's Quarter
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The last 24 hours have been big for Apple Inc. Not only did the world’s largest technology firm report earnings, but its most important product in years finally hit store shelves.
Analysts were hoping not only for strong results, but also strong guidance. Supported by resurgent iPad and Mac sales, the 10-year anniversary iPhone will help push revenue to a record high of $84 billion to $87 billion in the quarter ending in late December, Apple said in a statement. Analysts had predicted $84 billion, according to data compiled by Bloomberg.