Closing Bell Overtime: Mega-Cap Tech Earnings Parade 2/2/23
Closing Bell
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Apple's First Earnings Miss Since April 2016
Apple missed on both the top and bottom lines. Revenue was down 8%, $65.78 billion, but services revenue hit a new record of 20.77 billion. CEO Tim Cook is expected to caution with some optimism about March and June quarters. Malcolm Colvak: We may be setting up to find out just how impactful they still are for the broader market.
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