NEW YORK (
) -- Expectations were high for
fiscal second-quarter earnings report, and the consumer tech giant
Apple reported adjusted earnings of $6.40 per share on quarterly revenue of $24.67 billion, vs. analyst estimates of $23.34 billion and earnings of $5.37 a share. In the year-ago period, Apple reported $13.5 billion and $3.33 a share.
The company shipped a huge amount of iPhones -- 18.65 million vs. the 16.2 million sold in the previous quarter. The surge was likely due in part to the device's expansion to
Apple also reported that iTunes saw its best quarter yet, pulling in sales of $1.4 billion.
Despite the company's usual conservative guidance for the upcoming quarter, Apple shares surged in after-hours trading, rising more than 4% to $356.31.
Click above to read our report of Apple's conference call with executives.
--Blog written by James Rogers and Scott Moritz in New York.
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