The Apple Inc. stock is down 1.6% after the tech giant reported a first-quarter profit of $1.07 billion.
Shares in Apple rose 1.5% to $1,254.60 after the report.
The tech giant posted earnings that beat Wall Street expectations.
The company’s stock is currently down nearly 8% this year.
The stock rose 1% to a record high of $6,929.80 on Tuesday after Apple reported a $1 billion profit.
The stock is now trading at a historic high.
Shares of the company have risen more than 20% since the year-earlier quarter ended in December.