Apple stock up after great June quarter earnings results

Apple’s June quarter earnings results beat expectations for both revenue and iPhone sales! Apple opened with a market cap of nearly $830 billion, moving it evvvvvver closer to becoming a trillion dollar company.

 

Reported revenue was $45.4 billion and net quarterly profit of $8.7 billion, or $1.67 per diluted share, in its fiscal third quarter ended June 24. Hence, Apple’s stock today opened at an all-time high of $159.52.  It’s currently sitting at 157.14.

 

The good guys over at Macrumors posted the full transcript of the earnings call here, if you’ve got some time!

 

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