Apple (NASDAQ:AAPL) released fourth-quarter results Thursday that beat analysts. Revenue exceeded forecasts.
The company reported earnings per share of $1.46 on revenue of $89.5B. Analysts surveyed by Investing.com had forecast earnings per share of $1.39 and total revenue of $89.31B.
Apple shares were unchanged 0.35% at $176.94 in the after-hours, according to the report.
Apple’s stock price, up 36% this year, has outperformed the overall Nasdaq index, up 27% year to date.
Apple follows the general trend of companies in the ”Technology” sector this month
On October 24, Microsoft reported its first quarterly earnings of $2.99, earnings of $56.5B, compared to estimates of earnings per share of $2.65 on total revenues of $54.53B.
Alphabet C earnings beat analysts’ expectations in the third quarter on October 24, with quarterly earnings per share of $1.55 on total earnings of $76.69B. Investing.com analysts previously predicted earnings per share of $1.45 on total earnings of $75.98B $