Apple reported their 4th Quarter Earnings at the end of the bell today, and they are simply eye-popping results.
The company sold 37 million iPhones in the latest quarter, well ahead of the consensus forecast and more than double from a year ago. Apple also sold 15.4 million iPads, more than double from one year ago.
Apple posted earnings of $13.1 billion, or $13.87 a share, up from $6 billion, or $6.43 a share. Revenue surged 73% to $46.33 billion. About 58% of revenue came from international sales.
The stock is surging in after-hours trading, recently up more than 8% at $455, which would by far set a new record.
Also reported, by Pew Research Center, the percentage of U.S. adults owning tablets jumped from 10% to 19% from mid December to early January, and E-reader ownership saw the same increase. Nearly one-third of those with college degrees now own tablets.
