Apple’s stock jumps 5 percent after beating expectations

Apple reported earnings for its fiscal second quarter today, reporting revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International sales accounted for 61 percent of the quarter’s revenue. The market apparently approves. Apple’s shares have jumped $10 apiece since […]...