Apple beat analyst expectations on Tuesday with better than expected earnings, buoyed by surprisingly strong iPhone sales.
Apple reported earnings of $6.9 billion, or $7.47 per share on $35.3 billion in sales. Wall Street was expecting Apple to post earnings of $7.32 per share on sales of $35 billion.
Apple said it sold 31.2 million iPhones, 14.6 million iPads, 3.8 million Macs, and 4.5 million iPods during the quarter. Wall Street was expecting Apple to have sold around 26 million iPhones, 17 million iPads, 4 million Macs, and around 6.8 million … Read more