Apple reported quarterly earnings Tuesday that managed to surpass even Wall Street’s lofty expectations after analysts predicted a record quarter for the tech giant. Apple did, in fact, post record sales numbers following strong holiday sales that included a 46% increase in iPhone sales.
Apple racked up $74.6 billion in revenue last quarter, a 29.5% gain on the same period a year before. Earlier on Tuesday, Fortune polled 35 analysts who expected revenue to increase by about 20%, to $68.7 billion, while Apple’s own guidance for the quarter predicted $66.5 billion in quarterly revenue.
http://time.com/3685341/apple-shines...-iphone-sales/