Apple was the last of the market-dominating FAANG stocks to report its June quarter earnings, and it reported earnings per share of $2.34 vs. consensus estimates of $2.16. Revenues also came in at $53.3 billion, ahead of expectations of $52.3 billion. Significantly, Apple's average selling price came in at $724, ahead of consensus expectations of $693.
Share were rising about 2% after-hours following the release of the report.
TheStreet's tech columnist, Eric Jhonsa, and Jeff Marks and Zev Fima, analysts with Jim Cramer's Action Alerts Plus portfolio, which owns Apple, are live blogging the company's earnings report and call with analysts, which is scheduled for 5:00 p.m. ET. Please share your questions and comments in the space at the top of the blog window.