Apple released its fourth quarter results in fiscal year 2020 today. Apple shares rose $4.12, or 3.71%, to $115.32 in regular NASDAQ trading. After the release of the financial report, Apple’s share price fell 4.39% in after hours trading so far. In the past 52 weeks, Apple’s highest price was $137.98 and its lowest price was $53.15. According to the report, Apple’s total net revenue in the fourth quarter was $64.698 billion, up 1% from $64.40 billion in the same period last year, and net profit was $12.673 billion, down 8% from $13.686 billion in the same period last year. Apple’s fourth quarter revenue in Greater China was $7.946 billion, down 40% from $11.134 billion in the same period last year. < p > < p > Apple’s fourth quarter earnings per share and revenue exceeded Wall Street analysts’ expectations, but its iPhone revenue fell sharply year-on-year. < p > < p > Apple released its fourth quarter results in fiscal year 2020 after hours on Thursday, slightly higher than Wall Street’s general expectation, but iPhone sales fell sharply and did not provide investors with a forward-looking guidance for the next fiscal quarter. Epic Games accused Google of monopolizing the latter, which may have a better chance than apple

By ibmwl