Apple posts stronger-than-expected Q4 revenue in first earnings report for new CEO John Ternus
Apple Inc. posted stronger-than-expected revenue in the fiscal fourth quarter, giving new CEO John Ternus an upbeat start to his tenure, which began in September. The solid results bucked a downward trend for tech giants this quarter, as companies including Alphabet , Amazon and Intel had disappointing quarterly results.
TL;DR
- Apple Inc. exceeded revenue expectations in the fiscal fourth quarter.
- This marks an upbeat start for new CEO John Ternus, who began his tenure in September.
- Apple's positive results stood out against a declining trend for other tech giants.
- Companies like Alphabet, Amazon, and Intel reported disappointing quarterly results.