Apple’s Stock Surges In After-Hours Trading Following Earnings Beat, Promise To Return More Cash To Investors

The market likes what Apple reported today, sending its share up more than 7% in after-hours trading. The company reported an earnings beat today, with $45.6 billion in revenue, $10.2 billion in net profit, or $11.62 in earnings per share. Analysts had expected Apple to report $10.18 in profit per share, and revenue of under $44 billion. Read More