© Reuters. Apple Earnings, Revenue Beat in Q2
Investing.com – Apple reported on Thursday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Apple announced earnings per share of $1.52 on revenue of $97.28B. Analysts polled by Investing.com anticipated EPS of $1.43 on revenue of $94.15B.
Apple shares (NASDAQ:) are down 7% from the beginning of the year, still down 10.55% from its 52 week high of $182.94 set on January 4. They are outperforming the which is down 17.55% from the start of the year.
Apple shares gained 2.14% in after-hours trade following the report.
Apple follows other major Information Technology sector earnings this month
Apple’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on April 14 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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