Apple 4th Quarter Earnings

Apple on Tuesday posted quarterly earnings and revenue that topped analysts’ expectations, boosted by strong iPhone growth in China.

Apple reported fiscal fourth-quarter earnings of $1.96 per share on sales of $51.5 billion.

Analysts expected the tech giant to report earnings of $1.88 per share on $51.11 billion in revenue, according to a consensus estimate from Thomson Reuters. Shares were flat in up-and-down after-hours trading following the results.