Apple Inc. (NASDAQ:AAPL) released its earnings report for the three months ended June 30 2013 this afternoon after the market closed on Wall Street. The company showed earnings of $7.47 per share for the three months period on revenue totaling $35.3 billion. On today’s market stock in the smartphone maker trended downward, finishing the day at $418.99 per share. The company also revealed that it had sold 31.2 million iPhones in the quarter, compared with 26 million a year ago. Analysts following the world’s biggest tech company were looking for earnings per share of $7.28 for the June quarter, which…
Apple Inc. (AAPL) Sells a Record Number of iPhones, Crushes Estimates
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.