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AWT News Update

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Now displaying: Page 1
Nov 2, 2017

Apple's Q4 2017 earnings call was today, and the company continues to soar, briefly touching the $900 billion market cap level after the close of trading today. It was good news all around!

  • Revenues and EPS beat the company's guidance and the street's estimates
  • While the iPhone still accounts for more than half of the company's revenues, the oldest member of the family -- the Mac line -- generated 14% of revenues
  • iPad sales have stopped their slide, primarily thanks to enterprise embracing the device as a laptop alternative
  • Guidance for Q1 2018 (ending December 31, 2017) is bullish, based on forecasted sales of iPhone X
  • We talk about Qualcomm's latest lawsuit against Apple
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