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Apple posts monster Q3 profit on $37.43 in revenue, beats estimates

23
Jul
2014

Apple’s stock has been soaring lately, up more than 24% over the past three months. Shares took off in late April when Apple announced a 7-for-1 split that would take place in early June, and the stock has kept climbing gradually ever since, inching closer to an all-time high that now sits just north of $100 after adjusting for the split. And if Apple managed the blowout quarter some industry watchers are expecting it to report on Tuesday afternoon, $100 might not be far behind. Following a surprise beat in the fiscal second quarter of 2014, when Apple posted a net profit of $10.2 billion on $45.6 billion in quarterly sales, Apple is seen having kept up the pace in the June

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