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July 26, 2016 08:33 pm GMT
Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenueof$42.4 billion and earnings of$1.42 per share.Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose more than 6% in extended trading. (6% might not feel like a… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/nVMbH97qTcQ/
Apple beats earnings expectations by a mile, and its stock is soaring
Apple needed a breakout quarter after its last whiff, and boy did it get one. The company reported revenueof$42.4 billion and earnings of$1.42 per share.Analysts were expecting earnings of $1.38 per share on revenue of $42.09 billion. As a result the company added tens of billions of value back to its share price, which rose more than 6% in extended trading. (6% might not feel like a… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/nVMbH97qTcQ/
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