--> AAPL US -5%After Hours
Reports Q1 (Dec) earnings of $14.50 per share, $0.45 better than the Capital IQ Consensus of $14.05; revenues rose 5.7% year/year to $57.59 bln vs the $57.42 bln consensus and $55-58 bln guidance; gross margin 37.9% vs. 36.5-37.5% guidance and 37.4% ests.
51 mln iPhones sold in Q1 vs Street est of ~56.5 mln
26 mln iPads sold in Q1 vs Street est of ~24.5 mln
4.8 mln Macs sold in Q1 vs Street est of ~4.5 mln
Co issues downside guidance for Q2, sees Q2 revs of $42-44 bln vs. $46.22 bln Capital IQ Consensus; gross margin 37-38% vs. 37.4% estimates.