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Apple's Resilient Quarter Outshines Rivals in Mixed Tech Earnings

Despite a sales dip in China, Apple's strong iPhone and services performance uplift investor sentiment.

  • Apple reported Q3 sales of $85.78 billion, surpassing Wall Street expectations.
  • iPhone sales hit $39.3 billion, better than anticipated despite a slight year-over-year decline.
  • Apple's services segment grew by 15%, contributing $24.2 billion to quarterly revenue.
  • iPad sales surged 24% following new product launches, reaching $7.2 billion.
  • Amazon and Intel faced investor disappointment, contrasting with Apple's positive results.
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