Apple Earnings, Revenue beat in Q2 By Investing.com

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

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 and are trading at $137.66 , down-from-52-week-high.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 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 $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