(Finance) – Better than expected fiscal results in the second fiscal quarter for Appledriven by iPhone sales.
In the period, theNet income it came in at $24.16 billion compared to $25.01 billion in the same period a year earlier. Earnings per share (EPS) came in at $1.52, versus $1.43 expected by analysts.
The sales total fell by 3% to 94.84 billion dollars against the 93.3 billion estimated by the consensus (-4.4%).
In the light of the results, the stock in after-hours trading on the Nasdaq scored +2.49%.
Apple’s iPhone revenue grew 1.5%. Gross margin was 44.3%, versus 44.1% expected.