Amazon and Google also beat revenue estimates, but Microsoft came up shy of Wall Street’s top-line estimates. Tech earnings continue this week with Apple reporting fiscal Q2 results after market close tomorrow. Apple is expected to report earnings of $2.01 per share, up from $1.90 in the same period last year, on revenue of $52.61 billion, according to consensus third-party analyst estimates. In the previous quarter, Apple benefited from a rise in average selling prices, jumping to $695 from $619 in fiscal Q4. Apple Trading and Options ActivitySince the start of the year, Apple stock is up just under 24%.

Source: Forbes May 01, 2017 15:45 UTC