5 key points from Apple’s record holiday quarter
After a record-breaking holiday sales quarter, Apple (AAPL) faces Wall Street’s “What have you done for me lately?” attitude. Apple crushed expectations for its fiscal first quarter thanks to white-hot sales of its new iPhone 6 series smartphones. But analysts have already moved on to Apple’s prospects ahead. Apple (AAPL) stock was up 7.5% in afternoon trading on the stock market today in reaction to Apple’s Q1 report late Tuesday, where it earned a record quarterly net profit of $18 billion. The stock had climbed as high as 118.12, up 8.2%, earlier in the session. Here are five key takeaways from Apple’s report. 1. Lots of growth left for iPhone 6 series Apple sold 74.5 million iPhones in Q1, vs. consensus expectations of about 68 million. But it still has lots of growth potential for its iPhone 6 series handsets, Apple CEO Tim Cook said on a conference call with analysts…