The holiday shopping season brought in Apple’s biggest sales quarter for the past four years with the iPhone and Mac combined accounting for over 60 percent of its $9.87 billion in sales.
Today’s earnings report will be followed by a product event on Jan 27 during which the company plans to unveil its long-awaited tablet computer.
For the first quarter, analyst are estimating a 19 percent jump in sales to $12.1 billion and profit of $2.08 a share.
Stock of Apple was up $5.68, or 2.87 percent, to $203.43.
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