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Apple announced earnings per share of $1.4 on revenue of $89.58B. Analysts polled by Investing.com anticipated EPS of $0.983 on revenue of $76.71B.
Apple shares (NASDAQ:AAPL) are down 0% from the beginning of the year, still down 7.93% from its 52 week high of $145.09 set on January 25. They are under-performing the Dow Jones which is up 10.5% from the start of the year.
Apple shares gained 3.05% in after-hours trade following the report.
Apple’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $1.95 on revenue of $41.71B, compared to forecasts EPS of $1.78 on revenue of $41.04B.
Alphabet C had beat expectations on Tuesday with first quarter EPS of $26.29 on revenue of $55.31B, compared to forecast for EPS of $15.71 on revenue of $51.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
