Apple Tops Sales Estimates After iPhone, Mac Help Fuel Growth

Bloomberg
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Apple Tops Sales Estimates After iPhone, Mac Help Fuel Growth
Bloomberg
Written by Bloomberg
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Apple Inc. reported revenue for the fiscal second quarter that topped analysts' estimates, helped by demand for the iPhone and Mac.  Revenue jumped 17% to $111.2 billion during the period, which ended March 28, the company said in a statement Thursday. Analysts had expected $109.7 billion. Apple itself had projected sales growth of 13% to 16%. Bloomberg's Anurag Rana and Ed Ludlow join to break it down.

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