Apple sold 43.7 million iPhones last quarter beating expectations; stock soars on split news

Apple reported its fiscal second quarter earnings report and it showed that the company sold 43.7 million Apple iPhones in the three month period. That is down from the 51 million units sold by Apple during its fiscal first quarter, which included the holiday season. A fairer comparison would be with last year's fiscal second quarter, a period that saw Apple sell 37.4 million iPhone units. Wall Street was expecting 38.7 million iPhones to be rung up last quarter.



During the fiscal second quarter, Apple reported sales of 16.3 million Apple iPads. That is a decline from the 19.5 million sold ...



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