Apple shares rise after company reports better-than-expected revenue of $91.8B
https://techcrunch.com/2020/01/28/apple-shares-rise-after-company-reports-better-than-expected-revenue-of-91-8b/
Today after the bell, Apple reported the results of the first quarter of its fiscal 2020. The company’s revenue totaled $91.8 billion, far ahead of expectations of $88.43 billion. At the same time, the company’s per-share profit of $4.99 was greater than the market-anticipated figure of $4.54 per share.
In immediate trading following the news, Apple’s stock is up several points. The company’s shares have traded at all-time highs in recent months, matching the northward march of many other technology companies’ equity.
Apple shares rise after company reports better-than-expected revenue of $91.8B
Jan 28, 2020, 10:22pm UTC
https://techcrunch.com/2020/01/28/apple-shares-rise-after-company-reports-better-than-expected-revenue-of-91-8b/
> Today after the bell, Apple reported the results of the first quarter of its fiscal 2020. The company’s revenue totaled $91.8 billion, far ahead of expectations of $88.43 billion. At the same time, the company’s per-share profit of $4.99 was greater than the market-anticipated figure of $4.54 per share.
> In immediate trading following the news, Apple’s stock is up several points. The company’s shares have traded at all-time highs in recent months, matching the northward march of many other technology companies’ equity.