Joyous News
Apple beats pundits, shares soar
Historically, the second quarter is the slowest for Apple, and sales pick up in the third quarter due to holiday season.
However, this year, the pre-order bookings for iPhone 6 boosted sales, and Apple posted a quarterly sales of $ 50.98 Billion, instead of the anticipated $50.80 Billion.
This small but significant increase in performance vs. expectations was enough to fuel a mini surge in Apple shares.
It is worth noting that China was one of the biggest markets for the new iPhone 6, where pre-order bookings took even the company by surprise.