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.

What was the earnings per share reported by Apple?

How did Apple's fourth quarter revenue compare to analyst estimates?

What was the forecasted gross margin for the first quarter?

What were the iPhone sales figures for the fourth quarter?

What was the average selling price of the iPhone in the fourth quarter?