Apple reports on Thursday its second quarter results that exceeded analysts’ expectations.

Apple reported earnings per share at $1.52 on revenues of $97.28B. Investing.com polled analysts and predicted an EPS of $1.43 based on revenues of $94.15B.

Apple shares (NASDAQ.) fell 7% over the first week of 2018, but still fell 10.55% off its 52-week peak of $182.94, which was set January 4. They outperform the market, which is down 17.55% since January 4.

Apple shares rose 2.14% after hours trades following the news.

Apple is following other notable earnings in the Information Technology sector this month

Apple’s earnings report comes after Microsoft beat them on Tuesday. They reported EPS at $2.22 per share on $49.36B in revenue, while forecasts were for EPS at $2.19 on $49.01B.

Taiwan Semiconductor exceeded expectations, posting a first quarter EPS (EPS) of $1.35 for revenue $16.94B. This compares to the $1.27 forecasted on revenue $16.73B.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar