What Apple’s Earnings Win Means for Its Stock Today

Late Thursday, Apple Inc. (AAPL​) released a positive quarterly report, beating the street on sales ($52.6 billion vs. expectations of $50.5 billion) and earnings per share ($2.07 vs. $1.87). Sales and profits rose 12% and 24% year over year respectively. For the coming big holiday quarter, Apple guided sales expectations of $84 billion to $87 billion, up 9% year over year.

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