Apple shares were rising in late trading Thursday, after the company posted fiscal third-quarter adjusted earnings of $1.57 a share, ahead of Wall Street's $1.43 per share estimate. Revenue for the quarter was $94 billion.

As anticipation builds for Apple Inc.‘s (NASDAQ:AAPL) upcoming earnings report, investors are closely watching how the tech giant’s performance might impact its stock and dividend yields. Apple will release earnings results for the third quarter after the closing bell on Thursday.

Apple Inc. AAPL +0.02% Get Free Report stock was trading higher Friday but has since reversed and began trading lower after the company reported better-than-expected third quarter financial results on Thursday after the market closed.