Apple Crushes Q1 Earnings Forecasts On iPhone Boom

By | January 27, 2015

Scalper1 News

Wall Street expected Apple to report a huge holiday quarter, and it didn’t disappoint. The iPhone maker’s earnings and sales smashed even the most optimistic expectations, sending shares higher late Tuesday. For its fiscal first quarter ended Dec. 27, Apple (AAPL) earned $3.06 a share on sales of $74.6 billion. EPS leaped 48% from a year earlier and sales 30% — both the best gains in 11 quarters. It was the third straight quarter of accelerating Scalper1 News

Scalper1 News