Apple shares surge after positive sales forecast

Apple (NASDAQ:AAPL) shares Ijumped 2.5% in Frankfurt trading on Friday following the company's release of its quarterly results the previous day.

Despite slightly lower-than-expected iPhone sales for the fiscal quarter ending December 28th, Apple's forecast of low- to mid-single-digit sales growth in the current quarter buoyed investor confidence.  

The tech giant reported iPhone sales of $69.14 billion for the last quarter, narrowly missing analysts' targets.

However, the positive outlook for the coming months signaled to the market that Apple anticipates a rebound in iPhone sales.  

The positive forecast triggered a surge in after-hours trading on Thursday, with Apple shares climbing 3.2% after having closed the regular trading session down 0.7%.

The continued upward trend in Frankfurt trading further underscores investor optimism about Apple's future performance.