
After the close of trading Tuesday on Wall Street, Apple announced the best quarterly earnings in the company’s storied history. Blowing past (with hurricane-like wind speeds) Wall Street expectations, Apple said its earnings rose more than 117% to $13.06 billion last quarter, which shakes out to about $13.87 per diluted share.
For the quarter, Apple’s revenue was a new quarterly best at $46.33 billion. Earnings had been forecast to climb by 57% to $10.08 a share with revenue expected to climb 45% to $38.85 billion.
Apple sold 37 million iPhones, 15.4 million
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