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Apple announced earnings per share of $1.29 on revenue of $90.10. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $88.76B.
Apple shares (NASDAQ:AAPL) are down 18% from the beginning of the year, still down 20.85% from its 52 week high of $182.94 set on January 4.
Apple shares lost 0.73% in after-hours trade following the report.
Apple’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.35 on revenue of $50.1B, compared to forecasts EPS of $2.32 on revenue of $49.86B.
Visa A had beat expectations on Tuesday with fourth quarter EPS of $1.93 on revenue of $7.8B, compared to forecast for EPS of $1.87 on revenue of $7.57B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
