Apple beats on Q4 earnings thanks to price hikes, stock still falls 7% after-hours

Despite a beat on its Q4 quarterly earnings, Apple shares still managed to take a beating Thursday. Shares are down 7 percent in after-hours trading after the company released its Q4 quarterly earnings report, detailing $62.90 billion in revenue beating analyst expectations of $61.57 billion, with earnings per share hitting $2.91 beating an expected $2.78 EPS. The results […] https://ift.tt/2F7IqI2 Lucas Matney November 01, 2018 at 06:00PM