. Tim Cook's company reported earnings per share of $2.46 on revenue of $58.02 billion. Wall Street estimated earnings per share of $2.36 on revenue of $57.37 billion, according to Refinitiv consensus estimates.
Apple's iPhone revenue came in at $31.05 billion, slightly lower than the $31.10 billion expected. Services revenue beat estimates of $11.37 billion at $11.45 billion. For the third quarter Apple expects to see revenue between $52.5 billion and $54.5 billion, guiding higher than the $51.94 billion in revenue that analysts had projected.shares surged as much as 7% after hours Tuesday after reporting strong first-quarter earnings and guidance in line with estimates. The semiconductor company earned $1.27 billion in revenue, topping estimates of $1.26 billion.
AMD expects to earn about $1.52 billion in revenue during the company's second quarter. Analysts had projected $1.53 billion in revenue for that period.fell as much as 1% after the bell Tuesday despite better-than-expected first-quarter earnings. The biotech copany posted earnings per share of $3.56, beating Refinitiv estimates of $3.48. Revenue came in at $5.56 billion, higher than the $5.54 billion expected by analysts.
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