Investing.com - Apple reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Apple announced earnings per share of $1.24 on revenue of $83.36B. Analysts polled by Investing.com anticipated EPS of $1.23 on revenue of $84.85B.
Apple shares (NASDAQ:AAPL) are up 14% from the beginning of the year and are trading at $146.07 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 22.42% from the start of the year.
Apple shares lost 4.26% in after-hours trade the report.
Apple follows other major Technology sector earnings this month
Apple's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar