So much for those Apple jitters. The Cupertino, Calif. cash machine blew past Wall Street estimates Tuesday, reporting yet another monster quarter of financial results.
The company’s stock soared over 7% after-hours, adding $1 billion of market capitalization in a matter of minutes. The superlative results show that Apple products continue to fly off shelves as fast as the company can build them.
Full article: Apple Profit Soars 94%, Stock Up 7% [TIME Business]