Quartz·1 min read·easy

Apple posted its best June quarter ever — but its stock fell on a services miss

Anthony Lopopolo
AI Summary

Apple reported record-breaking revenue of $109.4 billion for the June quarter, marking a 16% increase. Despite this growth, the company's stock price fell in after-hours trading due to a performance miss in the services sector.

Revenue rose 16% to $109.4 billion and EPS climbed 29%, but a shortfall in services sent Apple stock down in after-hours trading

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Apple posted its best June quarter ever — but its stock fell on a services miss — Headlinne — headlinne