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What every major Wall Street analyst says about Apple’s earnings report



CEO Tim Cook waved his hand as he took the stage during the Apple Worldwide Developers Conference (WWDC) in San Jose, California.

David Paul Morris | Bloomberg | beautiful images

(This story is for CNBC Pro subscribers only).

Apple’s latest earnings report has been conservatively received by top Wall Street analysts as the uncertainty surrounding iPhone sales weighs on better-than-expected headline numbers.

The consumer technology giant reported higher-than-expected earnings per share and revenue in the fiscal fourth quarter on Thursday, with results for services, Mac computers and iPads beating expectations. However, sales of the top iPhones fell, and Apple did not provide guidance for the upcoming quarter.

Apple shares fell about 4% in pre-market trading to around $ 1

11 per share as traders studied the report.


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