But the dip was smaller than analysts thought. Above all, unexpectedly strong iPhone sales contributed to that.
Net profit ends up at close to 24.2 billion dollars, compared to 25 billion last year, which per share is 1:52 dollars according to CNBC. That number also beat analysts’ expectations of $1.43.
The report came after the close on the New York Stock Exchange, where Apple shares fell 1.0 percent. In the aftermarket, the interim report led to a price increase of 0.6 percent.
— The quarter was better than expected, says Apple CEO Tim Cook to CNBC.