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Apple tops estimates with $109.42 billion revenue and $2.02 EPS

Apple tops estimates with $109.42 billion revenue and $2.02 EPS

iPhone revenue reached $54.25 billion, beating the $53.6 billion consensus as overall sales and profit came in above expectations.

Fact Check
Apple's official 'Apple reports third quarter results' newsroom release and its Consolidated Financial Statements PDF confirm the exact figures: total net sales of $109,417M (rounding to $109.42B), diluted EPS of $2.02, and iPhone revenue of $54,252M ($54.25B). These primary-source figures match the claim precisely. The estimate/consensus baselines ($53.6B iPhone, $108.8B revenue, $1.89 EPS) come from the Yahoo Finance X post; the reported results exceed each, supporting the 'topped estimates' and 'beating consensus' framing.
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Summary

Apple reported quarterly results ahead of expectations, posting revenue of $109.42 billion versus forecasts for $108.8 billion and earnings per share of $2.02 compared with expectations for $1.89. iPhone revenue, a closely watched measure of demand for the company’s flagship product, came in at $54.25 billion, above the expected $53.6 billion.

Terms & Concepts
  • earnings per share: Profit allocated to each outstanding share.