Detailed text transcripts for TV channel - CNN - 20170802:09:56:00
They have beat expectations. shares of apple surging 6% overnight to an all-time high after delivering surprisingly strong earnings. the june quarter is usually its weakest but profits rose 12%. iphone sales were steady as consumers anticipate a new iphone coming out this fall. ipad shipments actually increased rising 15%. those ipads mainly going to schools and businesses. and any move in apple stock moves the whole market because apple is not just in the dow, it's in the s&p 500 as well. it is the most valued company in the world and the push on apple stock could push the dow over that 22,...
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