Golden entertainment stocks up after Apple stock price hits record high

Apple stock is surging again after the tech giant recorded a record $51.8 billion in revenue in the fourth quarter of 2017.

The company posted a profit of $2.4 billion.

The stock surged in the after hours trading, as investors awaited the announcement of the stock’s earnings.

Apple, which had a loss of $1.1 billion in the year, recorded $5.4 trillion in revenue for the quarter.

The iPhone maker is expected to report its quarterly earnings on Thursday.

The tech giant posted revenue of $5 billion for the year.

According to the company, Apple has been profitable for six consecutive quarters.

It is also profitable for a total of nine quarters in a row.

“We are going to continue to execute on our long-term vision of making the world’s best and most advanced mobile platform for every customer,” Apple CEO Tim Cook said in a statement.

As for the market, Apple was the No. 3 most valuable company at $16.9 billion.

It is up about 10% year-to-date.

This article was originally published by Business Insider and was republished with permission.