Breaking Down Apple's 4th-Qtr Earnings and Forecast

The video discusses Apple's financial performance, highlighting earnings per share, revenue, and gross margins. It notes that Apple's earnings per share exceeded analyst expectations, while revenue was in line. The gross margin forecast was slightly below consensus, but Apple's stock rose due to positive fiscal forecasts. iPhone sales met expectations, with a slight beat in unit sales. Sales in China showed a sequential decline. The average selling price of iPhones was lower than expected, but holiday sales were strong, driven by the iPhone 7.

How did Apple's earnings per share for the fourth quarter compare to analyst estimates?

• It was significantly higher than expected.

• It matched the estimates.

• It was lower than expected.

• It was slightly higher than expected.

What was the market's initial reaction to Apple's forecast for the fiscal first quarter?

• The shares decreased slightly.

• The shares remained stable.

• The shares dropped significantly.

• The shares increased by almost 2.5%.

How did Apple's gross margin forecast for the first quarter compare to analyst expectations?

• It matched the expectations.

• It was lower than expected.

• It was not disclosed.

• It was higher than expected.

What was the trend in Apple's Greater China sales from the third to the fourth quarter?

• Sales increased significantly.

• Sales were not reported.

• Sales remained the same.

• Sales decreased slightly.

What was the average selling price of iPhones in the fourth quarter compared to analyst expectations?

• It was higher than expected.

• It was lower than expected.

• It matched the expectations.

• It was not disclosed.