Apple Earnings, Revenue beat in Q1 By Investing.com

Apple reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Apple announced earnings per share of $1.68 on revenue of $111.4B. Analysts polled by Investing.com anticipated EPS of $1.41 on revenue of $102.54B.

Apple shares (NASDAQ:AAPL) are up 7% from the beginning of the year and are trading at $141.00 , down-from-52-week-high.They are outperforming the Dow Jones which is down 0.99% from the start of the year.

Apple shares lost 0.75% in after-hours trade the report.

Apple follows other major Technology sector earnings this month

Apple’s report follows an earnings beat by Microsoft on Tuesday, who reported EPS of $2.03 on revenue of $43.08B, compared to forecasts EPS of $1.64 on revenue of $40.23B.

Facebook had beat expectations on Wednesday with fourth quarter EPS of $3.88 on revenue of $28.07B, compared to forecast for EPS of $3.16 on revenue of $26.31B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar