Apple Stock Surges After Record Quarter
Best-ever sales for iPad, iPhone and Mac
It looks like Apple’s back to blowing away Wall Street.
After missing its earnings forecast for the first time in years last quarter, the company today reported its greatest quarterly revenue and earnings ever. The results drove up its stock 8 percent in after-hours trading.
On average, analysts were expecting revenue of $38.85 billion and earnings per share of $10.08, according to Yahoo Finance. But Apple broke through those estimates with revenue of $46.33 billion and earnings per share of $13.87.
“We are extremely pleased with the customer response to our products and record-breaking results in the December quarter,” said Peter Oppenheimer, Apple’s CFO.
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