Apple Q3 earnings beat estimates, China revenue falls short

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Apple (AAPL) reported third quarter results that topped Street estimates on both the top and bottom lines. Earnings of $1.40 per share topped estimates of $1.35. Revenue of $85.78 billion was better than the expected $84.46 billion.

Greater China revenue was weaker than expected, $14.73 billion versus an estimate of $15.26 billion.

All of Apple's individual units posted revenue that was better than the Street looking for, with the Services revenue coming in at $24.21 billion compared to the Street's estimate of $23.96 billion.

Asking for a Trend anchors Josh Lipton and Julie Hyman recap the tech giant's results in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Stephanie Mikulich.

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