Apple (AAPL) Q1 Earnings Beat Estimates, Revenues Down Y/Y
Apple AAPL reported first-quarter fiscal 2019 earnings of $4.18 per share that beat the Zacks Consensus Estimate by a penny and increased 7.5% year over year. Net sales decreased 4.5% year over year (3% when adjusted for foreign exchange) to $84.31 billion, which surpassed the Zacks Consensus Estimate of $84.07 billion. Product sales (87.1% of sales) decreased 7.2% to $73.44 billion […]