Reginal Thomas
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Reginal Thomas in reginal thomas,

Apple Does Better Than Expected In The Third Quarter

That silence you're hearing this morning is mostly coming from all those big shot analyst who were all but positive Apple (NASDAQ: AAPL) would have a disappointing finical report yesterday. 

Apple bested analyst expectations on Tuesday with surprisingly strong iPhone sales. Apple reported earnings of $6.9 billion, or $7.47 per share on $35.3 billion in sales. Wall Street was expecting Apple to post earnings of $7.32 per share on sales of $35 billion. 

The stock opened up at a higher price this morning than what it closed at yesterday but Apple still isn't in the clear yet. They still need to come out with something to keep their customers lined up around the block like seen here in the pic below, when 13,000 Ipads were sold in 12 hours at the world famous Apple 5th ave store, which runs 24 hours a day FYI.