While revenue came in at the lower half of the guided range, non-GAAP EPS beat Wall Street estimates.
Microsoft reported quarterly earnings missed analysts’ expectations on Thursday, while revenues came basically in line.
Then Alphabet (GOOG):
It missed on the top and bottom line and reported weaker-than-expected growth in one of its main ad metrics, and the stock initially plunged about 8% in after-hours trading.
Everybody’s missing. Who’s left?
Each company reported revenue only a few billion dollars higher than Apple’s record profits for a quarter.