Apple Tops Sales Estimates; Wayfair CFO Kate Gulliver

<p>Apple delivered second-quarter revenue that edged past analysts&rsquo; estimates, helped by demand for the iPhone and Mac, while failing to produce the blowout results that some investors were anticipating.&nbsp; Revenue gained 17% to $111.2 billion during the period, which ended March 28, the company said in&nbsp;a statement&nbsp;Thursday. Analysts had anticipated $109.7 billion on average. Apple itself had projected sales growth of 13% to 16%.<br />The company is benefiting from a series of new products launched in March, including the MacBook Neo, iPhone 17e, updated iPad Air models and a fresh MacBook Pro. The $599 Neo &mdash; Apple&rsquo;s first major push into low-cost laptops &mdash; has been particularly popular and remains sold out at several retailers.<br />Still, the results were uneven. Apple fell short of expectations in the Americas and Europe regions, while exceeding projections in China and other parts of Asia. The iPhone &mdash; its flagship product &mdash; was in line with the average Wall Street estimate.&nbsp;<br />Today's show features:</p> <ul> <li>Ed Ludlow, Bloomberg Tech co-host</li> <li>Anurag Rana, Bloomberg Intelligence Senior Technology Analyst</li> <li>Kate Gulliver, Wayfair CFO</li> </ul><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>