Moments ago, Apple reported earnings for its second fiscal quarter of 2013 and the results gave a boost to AAPL in after-hours trading. Popping approximately $20 on the open, investors and traders appeared initially energized by Apple earnings, which came in at $10.09 EPS on $43.60 billion revenue.
Expectations called for $10 EPS and $42.33 billion in revenue.
Unfortunately, for the first time in a decade, these numbers also reflect the company’s year-over-year earnings decline.
Similarly, guidance was also disappointing.
“We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,” Tim Cook, Apple’s CEO, said in a statement. “Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline.”
For the quarter, Apple sold 37.4 million iPhones, 19.5 million iPads, and just under 4 million Macs.
