Apple posts Q2 earnings: Revenue hits an impressive $58.3 billion

[Yoni Heisler]

• Apple today issued its earnings report for the March 2020 quarter.
• Revenue came in at $58.3 billion with EPS checking in at $2.55.
• iPhone revenue was down by about $3 billion year-over-year.
• Visit BGR's homepage for more stories.

Apple a few moments ago issued its earnings report for the March 2020 quarter and posted revenue of $58.3 billion and EPS of $2.55. As a point of contrast, Apple during the same quarter a year-ago posted revenue of $58 billion, a quarterly profit of $11.6 billion, and EPS of $2.46.

Ahead of Apple's earnings, analysts were anticipating revenue to fall in the $54 billion range and EPS to be around $2.26. Clearly, it was a solid quarter for Apple relative to some of the more pessimistic expectations.

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Apple posts Q2 earnings: Revenue hits an impressive $58.3 billion originally appeared on BGR.com on Thu, 30 Apr 2020 at 16:33:26 EDT. Please see our terms for use of feeds.

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