Apple Inc. (AAPL) Q3 2021 Earnings Results

Apple Beats on EPS, Stock Down 1.5%

Apple's strong EPS performance indicates better-than-expected profitability, but the stock fell by 1.5% likely due to concerns over revenue visibility and supply chain challenges. Investors may be cautious as the company navigates these issues in the coming quarters.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$1.30	N/A	+29.87%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Overall, management conveyed a positive outlook regarding product demand. However, they acknowledged ongoing supply chain issues that could impact future performance.

Management highlighted strong demand for products despite supply chain challenges.

They expressed confidence in maintaining market leadership moving forward.

Apple Beats on EPS, Stock Down 1.5%

Key numbers

Management commentary

Apple Inc.

More earnings this week

Apple Beats on EPS, Stock Down 1.5%

Key numbers

Management commentary