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. Learn more about your ad choices. Visit podcastchoices.com/adchoices