5 key takeaways from Apple’s blowout Q2 report

By | April 28, 2015

Scalper1 News

Apple (AAPL) stock jumped to a record high Tuesday, a day after the company reported March-quarter earnings that pulverized Wall Street expectations. But shares soon dipped into the red on growth concerns for the company’s core iPhone business. The Cupertino, Calif.-based company late Monday said it earned $2.33 a share in its fiscal second quarter ended March 28, up 40% year over year and 17 cents better than what Wall Street was targeting. Apple posted sales of $58.01 billion, up 27% and beating the consensus analyst forecast for $56.08 billion. Scalper1 News

Scalper1 News