Apple EPS comes in at $1.52 versus $1.43

• Earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share prices, while unexpectedly bad earnings can risk declines in share prices. Using Earnings to Better Inform Investment DecisionsMany analysts also use other measures such as earnings per share (EPS) as a way to compare the earnings of multiple companies.EPS is calculated by the remaining earnings leftover for shareholders, divided by the number of shares outstanding. This is a more fine-tuned measure for investors and analysts given each company has a different number of shares owned by the public.Only comparing companies' existing earnings does not accurately indicate how much money each company has for each of its shares over a specific period.As a result, EPS is routinely used to make better-informed comparisons and forecasts.In the US, all companies are obligated to report quarterly earnings to the public, which informs on the state of any publicly traded company. These events are very monitored and important, especially for large corporations.In addition, several companies are used as barometers for the state of the overall market or US economy, lending further weight to these metrics.Ultimately, earnings are an integral element of the US stock market and ensure companies disclose their financials in ways that do not leave investors or the public in the dark. A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share prices, while unexpectedly bad earnings can risk declines in share prices. Using Earnings to Better Inform Investment DecisionsMany analysts also use other measures such as earnings per share (EPS) as a way to compare the earnings of multiple companies.EPS is calculated by the remaining earnings leftover for shareholders, divided by the number of shares outstanding. This is a more fine-tuned measure for investors and analysts given each company has a different number of shares owned by the public.Only comparing companies' existing earnings does not accurately indicate how much money each company has for each of its shares over a specific period.As a result, EPS is routinely used to make better-informed comparisons and forecasts.In the US, all companies are obligated to report quarterly earnings to the public, which informs on the state of any publicly traded company. These events are very monitored and important, especially for large corporations.In addition, several companies are used as barometers for the state of the overall market or US economy, lending further weight to these metrics.Ultimately, earnings are an integral element of the US stock market and ensure companies disclose their financials in ways that do not leave investors or the public in the dark. Read this Term-per-share $1.52 versus $1.43 estimate
• Revenues $97.28 billion versus $93.89 billion estimate
• service revenues $19.82 billion versus $19.72 billion estimate
• iPhone revenues $50.57 billion versus $47.88 billion estimate. Sales up 5% year on year
• iPad revenues $7.65 billion versus $7.14 billion estimate. Sales up 2% year on year
• other products $8.81 billion versus $9.05 billion estimate
• Mac revenues 10.44 billion versus 9.25 billion estimate
• Apple shares are currently up $6.33 or 3.68%
• Increases share buyback Share Buyback A share buyback or repurchase involves a company re-acquiring its own shares. This is a common and flexible way of helping return to shareholders. Share buybacks have developed into popular techniques, alongside stock dividends, by companies that are looking to inject funds directly to shareholders. Listed companies are able to simply repurchase its own stock, for a small sum of its outstanding equity, whereby reducing the number of outstanding shares. In doing so, these shares are available for re-issuance. There are however rules that must be adhered to depending on jurisdiction. In the United States for example, there are six available stock repurchasing methods, with an open-market method constituting over 95% of these. This technique entails a given company announcing a buyback program and then repurchases shares on a stock exchange. Stock repurchasing has become more popular over time, having now developed into a typical engagement with shareholder across worldwide markets. This practice does present an inherent loophole for insider trading, namely amongst company executives. Insider trading is defined as the illegal trading of a company’s public stock based on non-public information about a company. However, within the context of stock repurchasing, this is technically legal and not a sizable risk for the purposes of regulatory authorities. Share Buybacks Explained Share buybacks are the best alternative to dividends that companies can rely on. For example, when a given company repurchases its own shares, it helps to reduce the number of shares held by the public. This material decrease in publicly traded shares indicates that even if profits remain the same, the earnings per share increase.  Should a share buyback occur when a company's share price is undervalued, this will benefit non-selling shareholders or insiders, possibly taking value from shareholders who sell.  Market research suggests companies are able to consistently profit from repurchased shares when the company is widely held by retail investors who are smaller retail traders and more likely to sell their shares to the company when those shares are undervalued.  The inverse is a company whose shares are primarily held by insiders or institutional investors, making share repurchasing less profitable. A share buyback or repurchase involves a company re-acquiring its own shares. This is a common and flexible way of helping return to shareholders. Share buybacks have developed into popular techniques, alongside stock dividends, by companies that are looking to inject funds directly to shareholders. Listed companies are able to simply repurchase its own stock, for a small sum of its outstanding equity, whereby reducing the number of outstanding shares. In doing so, these shares are available for re-issuance. There are however rules that must be adhered to depending on jurisdiction. In the United States for example, there are six available stock repurchasing methods, with an open-market method constituting over 95% of these. This technique entails a given company announcing a buyback program and then repurchases shares on a stock exchange. Stock repurchasing has become more popular over time, having now developed into a typical engagement with shareholder across worldwide markets. This practice does present an inherent loophole for insider trading, namely amongst company executives. Insider trading is defined as the illegal trading of a company’s public stock based on non-public information about a company. However, within the context of stock repurchasing, this is technically legal and not a sizable risk for the purposes of regulatory authorities. Share Buybacks Explained Share buybacks are the best alternative to dividends that companies can rely on. For example, when a given company repurchases its own shares, it helps to reduce the number of shares held by the public. This material decrease in publicly traded shares indicates that even if profits remain the same, the earnings per share increase.  Should a share buyback occur when a company's share price is undervalued, this will benefit non-selling shareholders or insiders, possibly taking value from shareholders who sell.  Market research suggests companies are able to consistently profit from repurchased shares when the company is widely held by retail investors who are smaller retail traders and more likely to sell their shares to the company when those shares are undervalued.  The inverse is a company whose shares are primarily held by insiders or institutional investors, making share repurchasing less profitable. Read this Term $90B
• increases dividend 5% to $0.23 per share

Apple's Timothy Cook said:

• We grew in each of our categories except for iPad where we had some very significant supply constraints for the quarter
• The last seven quarter have now been the top 7 quarters ever in the history of the Mac