Apple Forecasts Third Straight Quarterly Sales Drop

The video discusses Apple's quarterly financial results, highlighting a slight beat in earnings per share and iPhone sales compared to analyst expectations. Despite this, there is a noted decline in revenue and cash position from the previous year. The gross margin slightly exceeded estimates, while iPad sales showed a minor beat. Mac sales fell short of expectations. Regional sales performance varied, with growth in some markets like Japan and India, but a decline in Greater China. The video also touches on Apple's stock performance and future market outlook.

What was Apple's earnings per share in the third quarter, and how did it compare to analyst expectations?

• $1.85, which was above expectations

• $1.42, which exceeded expectations

• $1.42, which was below expectations

• $1.39, which met expectations

How many iPhones did Apple sell in the third quarter, and how did this compare to analyst estimates?

• 40.4 million, which was below estimates

• 39.9 million, which was above estimates

• 39.9 million, which met estimates

• 40.4 million, which exceeded estimates

What was Apple's gross margin in the third quarter, and how did it compare to the consensus estimate?

• 37.9%, which met the estimate

• 38%, which was below the estimate

• 37.5%, which was above the estimate

• 38%, which exceeded the estimate

How did Apple's iPad sales in the third quarter compare to expectations?

• 9.95 million, which exceeded expectations

• 9.95 million, which was below expectations

• 9.1 million, which was above expectations

• 9.1 million, which met expectations

Which region saw a decline in Apple's sales in the third quarter compared to the previous quarter?

• Brazil

• Japan

• India

• Greater China