TREE NEWS update: Apple reported fourth-quarter revenue of $114.48 billion, topping analyst estimates of $113.47 billion. Greater China revenue came in at $17.54 billion, below the $18.75 billion expected, while iPhone revenue of $57.58 billion beat the $56.49 billion estimate. EPS was $2.10 versus $2.00 expected, and the board declared a $0.27 per-share dividend. Shares rose 0.4% after hours before turning down 1.11%.
Apple Q4 Revenue $114.48B Beats Estimates; Greater China Misses
The split between headline beats and a Greater China shortfall is the real signal here: iPhone and EPS strength carried the quarter, but the regional miss suggests demand softness in Apple's most scrutinized market. That divergence, not the top-line beat, is what matters for suppliers and peers with China exposure. The muted and then negative after-hours move indicates the market is weighing the geographic weakness over the earnings beat. Whether Greater China stabilizes in coming quarters is the open question.
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