The Street had expected $2.18 per share and $53.31 billion, respectively. Prior to the earnings release, CNBC said that Apple could be spared the bloodbath due to its profitable hardware business, which online consumer companies like Facebook, Twitter, and Netflix lack.
Shares rose 3.4 percent to $196.80 in after-hours trade.
Apple moved 11.5 million iPads last quarter, up 1% on the year.
The company shipped 3.7 million Macs last quarter, down 13% on the year. The company's net income for the quarter was $11.52 billion compared to $8.72 billion a year ago.
The average iPhone now sells for $724. Apple said iPhone shipments edged about 1% higher.
Though it is rare for Apple shares to climb that much in a single day, it is not unprecedented - in July 2016 stock rose 6.5% in a day after financial results beat analysts' expectations. The company posted revenue of $53.3 billion.
But Apple is reportedly betting big on the design and features it introduced with the iPhone X. Rumors suggest that all three phones Apple is working on for the fall will mimic the iPhone X's design and adapt features like Animoji and Face ID unlocking. When asked about this on the earnings call, Cook called smartphones the world's best business to be in simply because of its size. ut he didn't provide a strong answer for concerns that the market has become saturated in developed countries or that users are upgrading their devices less frequently. Tim Cook spent an unusual amount of time focused on Apple'sservices division during the Q3 earnings call, and for good reason.
Mr Maestri said the company's so-called "wearables" business - which includes the Apple Watch and its AirPods headphones, among other items - has generated $US10 billion in sales in the past 10 quarters and saw sales increase 60 per cent in the most recent quarter.
Some of the more bullish Apple analysts believed Apple might report $9.2 billion in services revenue for the June quarter.
All those iPhone sales help Apple in another way - services like AppleMusic, the App Store and elsewhere are booming.
The world's most valuable technology company also forecast revenue of US$60 billion to US$62 billion for its fiscal fourth quarter, which will include early sales of soon-to-be-announced phone models, beating the US$59.6 billion analysts expected, according to data from Thomson Reuters I/B/E/S.
Apple said its gross profit margin will be 38 per cent to 38.5 per cent in the fiscal fourth quarter, versus analysts' estimates of 38.2 per cent. Analysts expected revenue of US$52.4 billion and earnings of US$2.18 a share.
The maker of iPhones, iPads and other products posted revenue of nearly $53.3 billion in the period, also exceeding Wall Street forecasts.
There have been a host of theories about why the plane disappeared, ranging from an accident to a hijacking or even a terror plot. The co-pilot's flight simulator was seized from his home but investigators concluded there was nothing suspicious on it.
The Red Devils have made three new acquisitions so far this summer after having tied up deals for Diogo Dalot, Fred and Lee Grant. But none of that money has gone on defenders, though they did spend £75m on Virgil van Dijk in January.
Wilson posted the plans for his gun, called the Liberator, onto his website, where the plans were downloaded thousands of times. That same day Wilson and the Second Amendment Foundation filed a preemptive suit against New Jersey Attorney General Gurbir S.
Officers have gone to homes of several people reported missing and found that cars were gone - a strong indication they fled. Some 536 structures have been destroyed, with a count by the Associated Press finding that at least 300 of those are homes.
Personally, I love my Galaxy Note 8 , but do find that its 3,300mAh battery is often completely dead after a day of moderate use. Epic, for several months now, has been promising that Fortnite will be available on Android this summer .
Chen says she has already made one statement on the matter and she will "stand by that statement today, tomorrow, forever". When she rebuffed his advance and asked what he was doing, he replied, "Well, I was hitting on you".
They used the bucket to transfer the shark into the stroller and "hurried up the stairs and out to the parking lot", it said. Accorind to KENS 5 News , the 1.5-foot predator was a horn shark, which can survive outside of water for two to three hours.
Because she has been so successful, she is the topic of tweets and has even been featured on television. "She is playful. He has to change location every three hours, according to Business Insider , as police close in on the cartel leader.
Since then he has managed a total of 66 Bundesliga appearances, scoring 20 goals and has set up ten more for his team-mates. They have also signed Japan global striker Yoshinori Muto from Mainz, subject to a work permit .
Local radio station Nogoumfm.net contacted the zoo's director, Mohamed Sultan, who denied that the animal was a donkey . The vet added that zebra's stripes are usually more parallel and consistent than those see in Mr Sarhan's image.
When pressed by Hannity about what she would say to Jarrett if the two spoke on the phone, she said, "Let's talk about it. But no, I did not know, like a lot of Americans, including a lot of people of all types, they didn't know either".
U.S. economic growth surges by 4.1 cent
THE FACTS: Economists do expect a strong number for growth in the April-June quarter, but it is likely to be a temporary bounce. But yes, we can talk all day long about GDP numbers all day long, but that doesn't matter if you just got laid off.
Giuliani Wants Public To Hear Cohen Tapes
CNN quoted sources as saying Mr Cohen lacks evidence such as an audio recording to corroborate his account. "Even more inconceivable that a lawyer would tape a client - totally unheard of & perhaps illegal ".
Palestinian teenager Tamimi vows to continue resistance
Following the incident, Israel's Education Minister Naftali Bennett said Ahed Tamimi deserved to "finish their lives in prison". The Israelis viewed the incident, relayed by her mother live on Facebook , as a staged provocation.
Facebook (FB) Stock Sinks as Revenue Misses Expectations
On July 24, 2018, according to the filing , a Facebook board committee "approved an annual pre-tax allowance of $10 million to Mr. The company may have halted more ad purchases than expected as it applied a broad definition of what's considered "political".