Apple's posted fiscal third-quarter earnings on Thursday afternoon, with investors focused on the company's ability to contend in AI and financially manage the evolving tariff landscape.

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.

Apple is scheduled to report quarterly earnings after the closing bell Thursday, with traders anticipating a sizable move from the iPhone maker's stock.