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Apple's holiday season revenue outlook was higher than Wall Street expectations, but it still failed to impress investors who continued to push up its stock prices in previous months. Apple said on an earnings call on Monday that revenue for the first fiscal quarter ending December will increase 7% to 10%. According to the compiled data, analysts expect an average increase of 6.1%. Apple's stock price fell about 4% after the market, highlighting the market's high expectations for the company.
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Apple's holiday season revenue outlook was higher than Wall Street expectations, but it still failed to impress investors who continued to push up its stock prices in previous months. Apple said on an earnings call on Monday that revenue for the first fiscal quarter ending December will increase 7% to 10%. According to the compiled data, analysts expect an average increase of 6.1%. Apple's stock price fell about 4% after the market, highlighting the market's high expectations for the company.
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