What Apple's Earnings Mean for Mutual Fund Investors (AAPL)

After the closing bell on Tuesday, Apple (AAPL) released its first quarter financial results – posting the largest quarterly corporate profit ever.

Inside AAPL’s Earnings

Earnings

Apple reported earnings of $18 billion, or $3.06, up 38% from last year. Analysts expected to see EPS of $2.60.

Revenue
Revenue came in at $74.6 billion, above analysts’ view of $67.69 billion

Largest Quarterly Profit of All Time

Apple reported the largest quarterly corporate profit of all time on Tuesday, which was primarily due to impressive iPhone sales. The company also saw surprising sales in China, which helped boost investor confidence. Going forward, investors will be watching Apple as it unveils the iWatch. Although the earnings report was very positive, there is still risk in the iWatch since it is not a guaranteed success.

Mutual Funds to Watch

Investors interested in AAPL may be interested in the funds listed below. These funds currently have the largest stakes in the company.

The Bottom Line

The funds listed above allow investors to gain exposure to AAPL while remaining diversified. Investors interested in AAPL may also be interested in Microsoft (MSFT) and Google (GOOG).