Apple shares rise after company reports better-than-expected revenue of $91.8B
TechCrunch Industry News · TechCrunch
January 29, 20204m 5s
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Show Notes
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.
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