Apple Beats Earnings, Revenue Expectations Despite CEO's Warnings

That number was reflected in the final first-quarter earnings results as the iPhone maker beat expectations in earnings per share, revenue and services revenue, but as expected, fell short on iPhone revenue.

ETFs to watch during Wednesday’s session include those with the biggest Apple holdings, such as the Technology Select Sector SPDR ETF (NYSEArca: XLK)and Vanguard Information Technology ETF (NYSEArca: VGT). XLK ticked slightly higher by 0.08 percent after hours after falling 1.01 percent on Tuesday.

Last year, Apple reported a fiscal fourth quarter revenue of $62.9 billion, which represented a 20% jump from the same time a year ago, as well as, a quarterly earnings per diluted share of $2.91–a rise of 41%.

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