Apple: stock up after quarterly results

(CercleFinance.com) - Apple shares are up 3% on Wall Street today, after the tech giant published its Q3 2021-22 results, which included EPS of 1.
20 dollar, while its revenues rose 2% to 83 billion dollars, levels which Wedbush say are slightly above the consensus.

The company's CFO said that the group set a revenue record for the June quarter, with its installed base of active devices reaching record levels across all geographic segments and product categories.

The results met investors' expectations, while the framework of "revenue acceleration" in Q4, despite a 600 bp currency headwind should be enough to satisfy them, analysts believe.



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