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Benzinga
Benzinga
Business
Dylan Berman

UNCOVERED: Apple stock is trading lower friday what s going on - The Untold Story

AAPL Apple
Why It's Important:

Apple Inc. (NASDAQ:AAPL) stock was trading higher Friday but has since reversed and began trading lower after the company reported better-than-expected third quarter financial results on Thursday after the market closed.

What To Know: Apple reported earnings per share of $1.57, beating the consensus estimate of $1.42. In addition, the company reported sales of $94.00 billion, beating the consensus estimate of $89.04 billion.

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