Apple and Microsoft Beat Earnings Expectations

Earnings Highlights

Both technology giants delivered strong quarterly results, exceeding analyst expectations across key metrics.

Apple’s Performance

Apple reported revenue growth driven by strong iPhone sales and services expansion.

iPhone Sales

The latest iPhone models continue to drive revenue growth despite market saturation concerns.

Services Revenue

Apple’s services segment showed robust growth, contributing significantly to overall margins.

Microsoft’s Results

Microsoft’s cloud computing division continues to be a major growth driver for the company.

Azure Growth

Azure cloud services maintained strong double-digit growth rates.

Market Reaction

Both stocks are trading higher in after-hours following the earnings announcements.