AAPL Stock Prices Surge on Strong Earnings Report

Recent Developments

Apple Inc., the tech giant, has reported strong earnings for the fiscal third quarter, leading to a significant surge in its stock prices. The company's revenue exceeded analyst expectations, driven by strong sales of its iPhone 13 series and Mac computers.

Key Points

• AAPL stock prices rose by over 5% in after-hours trading.
• The company's revenue for the quarter was $97.3 billion, exceeding estimates of $93.5 billion.
• iPhone sales grew by 17%, while Mac sales increased by 25%.