Apple posts nice Q1, but pessimistic on Q2
Updated at 3:45 p.m. PST following the conference call, with changes throughout.
Apple's first quarter hit on all cylinders, as the company continued its financial run on the strength of its Mac business. But anyone looking for reassurance about the overall health of the economy later this year didn't get it from Apple.
The company posted revenue Tuesday of $9.6 billion for its first fiscal quarter, which ended December 29. That's better than the $9.5 billion expected by financial analysts, and Apple also gave them good news with its earnings-per-share number of $1.… Read more
