Apple released their earnings report for the company yesterday. The stock of the Apple went up by 7 percent. The investors of the company looked much satisfied this time. After a very long time, the stocks of the Apple are back to 3 figures. The opening price of the stock in morning was at $103 however yesterday it closed at $97. Apple has reported a loss in every category of their business.

The prices of the stock largely depend upon the expectation of the investors. If an investor finds that their expectations from a company are not on the right path, the prices of the stocks will likely adjust accordingly. In the case of the Apple, the expectation from the earning of the Apple was far worse than it actually reported for the third fiscal quarter.

Apple has actually surprised the market with their business earnings and it actually shocked the market. This is the reason why Apple stocks are going up (The predictions of the all the investors and analysts failed here, the earning turned lesser bad than the actual anticipation).

According to the data of the earning, iPad was only hardware which was doing business in positive numbers. The revenue from the business of the iPad went up by 7 percent. iPhone sales is still a reason to worry about for most of the investors. They are much skeptical about any change in the situation in near future for iPhone hardware. A lot of investors are predicting that Apple shall recover the slump of losses by the year 2017. Apple is also majorly focusing on their services now (Apple Music). They claim their services to be reaching the Fortune 100 company revenue size by next year. It will be too challenging to mark any comment on the growth of the Apple services currently. We can only wait till next year to see the growth of the company.