Apple Earnings Higher Than Expectations, Stocks Up in After Hours Trading

AAPL delivered earnings that far exceeded analysts’ expectations, with earnings excluding items of $12.30 a share on revenue of $39.2 billion. Only $10.04 a share on revenue of $36.81 billion was expected.

The earnings was driven by strong demand for its iPhones and iPads. Shares, which had been down the past week, were up in after hours trading Tuesday.