Apple (AAPL - Get Report) shares moved higher in after-hours trading Tuesday after the iPhone maker posted better than expected earnings and revenue for its most recent quarter.

While iPhone sales of 41.3 million missed Wall Street's estimates, the average selling price of $720 per iPhone topped the Street's forecast.

Apple's China revenue grew 19% year over year - more than the 17% revenue growth seen across the entire company during the quarter. 

Apple is a holding of Jim Cramer's charitable trust Action Alerts PLUS.