27-07-2016 00:10 via feedproxy.google.com

Apple crushed expectations across the board, and the stock is way up (AAPL)

Apple stock jumped as much as 6.5% after the company reported earnings per share higher than what Wall Street was expecting.
Revenue was directly in line with Apple's own guidance, but it is still down 14.5% from the same period last year.
Apple's most surprising beat was in iPads, in which it sold nearly 1 million more units than what analysts had predicted.
But its gross margin missed after its low-cost $400 iPhone proved more popular than had been expected.
CEO Tim Cook told CNBC th
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