We’re Bigger Than Exxon Mobil: Apple Blows Out…Again

It might be par for the course with Apple (Nasdaq: AAPL), but investors certainly still enjoy seeing the maker of iPhones and iPads crush Wall Street estimates come earnings time. And that’s exactly what Apple did after the bell Tuesday when it posted a fiscal first-quarter EPS of $13.87 on sales of $46.3 billion. Analysts were expecting $10.08 a share on revenue of $38.85 billion.

Better yet, Apple said it sold 37 million iPhones, 15.4 million iPads and 5.2 million Macs during the quarter. Before the earnings report, analysts were saying numbers above 31 million iPhones and 13.5 million iPads sold would please investors. Full Story