Apple Reports Quarterly EPS and Revenue Above Analyst Expectations
The tech giant posted earnings per share of $1.85 and revenue of $102.5 billion, surpassing market forecasts.
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Terms & Concepts
- EPS (Earnings Per Share): A company’s profit divided by its outstanding shares, indicating profitability on a per-share basis.
- Revenue: The total income generated by a company from its business activities during a specific period.
- Earnings Report: A periodic statement detailing a company’s financial performance, including profits, revenues, and expenses.