Apple reports its second-quarter earnings
Apple reported second-quarter revenues of $7.51 billion, up 43 percent from $5.26 billion in the same quarter last year. Analysts predicted $6.96 billion in revenue. Wall Street officially expected Apple to have sold 2 million Macs during the quarter. Whispers put the number around 2.3 million. So did reality. Apple profits climbed 36 percent during the quarter. So far, in Apple shares have remained flat in after-hours trading. Apple CFO Peter Oppenheimer gave analysts a forecast for third-quarter revenues of $7.2 billion, $30 million less than they expected.