Apple Q1 Earnings Beat Estimates As The Company Snaps 4-Quarter Revenue Decline Streak; Stock Slides On China Weakness
  • 3 months ago
Apple, Inc. (NASDAQ:AAPL) reported first-quarter earnings and revenue Thursday that increased year-over-year and beat Street expectations. With this, the company managed to break its four-quarter-long streak of declining revenue. The strong performance came on the back of Services revenue rising to an all-time record. The stock slid in after-hours trading, apparently in reaction to a revenue decline in China.