Investing.com - Apple reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Apple announced earnings per share of $2.1 on revenue of $123.95B. Analysts polled by Investing.com EPS of $1.89 on revenue of $118.68B.
Apple 's are down 10% and is trading at $158.76 , still down 12.97% from its 52 week high of $182.94 set on Tuesday, January 4, 2022.
Apple shares lost 0.29% to trade at $158.76 in after-hours trade 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 $2.48 on revenue of $51.73B, EPS of $2.31 on revenue of $50.65B.
Taiwan Semiconductor had beat expectations on Thursday, January 13, 2022 with fourth quarter EPS of $1.16 on revenue of $15.85B, for EPS of $1.12 on revenue of $15.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar