Apple shares leap nearly 5% in pre-market following new earnings recordStocks are up 4.4% and rising ahead of the bell...
What you need to know
Apple shares are up almost 5% ahead of Friday's markets opening.
The company announced its Q1 earnings on Thursday, January 27.
It saw an all-time revenue record of almost $124 billion.
Apple's share price has risen by almost 5% in pre-market trading following the company's Q1 earnings call Thursday.
Apple announced a new all-time quarterly revenue record of nearly $124 billion on January 27. From the announcement:
Apple today announced financial results for its fiscal 2022 first quarter ended December 25, 2021. The Company posted an all-time revenue record of $123.9 billion, up 11 percent year over year, and quarterly earnings per diluted share of $2.10.
CEO Tim Cook said the results were made possible by Apple's "most innovative lineup of products and services ever" and that the company was grateful for the response it had seen from its customers around the world.
During the course of its earnin...
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Apple shares leap nearly 5% in pre-market following new earnings record
