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 revenue: $7.7 billion versus $9.72 billion expected
- iPad revenue: $9.4 billion versus $7.7 billion expected
- Wearables: $13.4 billion versus $15.3 billion expected
- Services: $20.7 billion versus $20.4 billion expected
Google parent Alphabet (
GOOG,
GOOGL)
announced its Q4 earnings after the bell on Thursday, falling short of expectations on revenue and earnings per share, as advertising declined year-over-year.
Here are the most important numbers from the report, compared to what Wall Street was expecting, as compiled by Bloomberg.
- Revenue (ex-TAC): $63.12 versus $63.2 billion expected
- Earnings per share: $1.05 versus $1.18 expected
Google's ad revenue fell from $61.2 billion in Q4 2021 to $59 billion in Q4 2022. YouTube ad revenue, meanwhile, missed analysts' estimates, coming in at $7.9 vs estimate versus $8.2 billion. Google Cloud, meanwhile, lost $830 million in Q4, better than the $1.7 billion it lost in the same quarter last year.
Amazon (
AMZN) reported fourth-quarter results late Thursday that beat on revenue but missed on earnings. AMZN stock dropped.
The e-commerce giant reported adjusted earnings of 3 cents a share on revenue of $149.2 billion. Analysts expected Amazon to report earnings of 17 cents a share on revenue of $145.7 billion.
Revenue climbed 9% from the year-ago period, compared with 15% growth in the prior quarter. Revenue from its cloud computing unit, Amazon Web Services, jumped 20% to $21.4 billion.
The company expects first-quarter revenue in the range of $121 billion to $126, or to grow between 4% and 8%. The midpoint of $123.5 billion is below the Wall Street's estimate of $125.13 billion.