Please try another search
Investing.com - Apple reported third quarter earnings that set a record and beat Wall Street expectations.
Apple announced earnings per share of $1.30 on revenue of $81.43 billion. Analysts polled by Investing.com anticipated EPS of $1.01 on revenue of $73.26 billion.
Apple shares (NASDAQ:AAPL) are up 10% from the beginning of the year, still down 2.14% from its 52 week high of $149.98 set on July 15. They are under-performing the Dow Jones which is up 14.55% from the start of the year.
Apple shares gained 0.29% in after-hours trading Tuesday following the report.
Consumers snapped up new iPhones and other devices during the spring quarter, pushing revenue 36% higher on pace for its best fiscal year, according to analysts. Sales of iPhones rose 33%, to $39.6 billion.
Apple's report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.17 on revenue of $46.15B, compared to forecasts EPS of $1.91 on revenue of $44.06B.
ASML ADR had matched expectations on July 21 with second quarter EPS of $2.97 on revenue of $4.74B, compared to forecast for EPS of $2.97 on revenue of $4.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.