Apple spikes higher on strong earnings
Mike Yamamoto | email@example.com
Second-quarter earnings came in at $12.30 per share, easily beating the consensus forecast of $10.04 EPS. Revenues totaled $39.2 billion, exceeding the average estimate of $36.85 billion.
AAPL is up over $33 a share, or about 6 percent, to more than $594 at the time of this writing.
The stock closed the regular session down 2 percent to $560.28. It entered technical correction mode on Friday after falling from an all-time high of $644 on April 10.