Apple misses Q1 earnings expectations as iPhone sales fall short

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8% year-over-year.

Here are the most important numbers from the report compared to what Wall Street was expecting, as compiled by Bloomberg.

  • Revenue: $117.1 billion versus $121.1 billion expected

  • Adj. earnings per share: $1.88 versus $1.94 expected

  • iPhone revenue: $65.7 billion versus $68.3 billion expected

  • Mac…


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