Apple stock rises over 5% after earnings top estimates
Apple AAPL, -1.93% updated its investor-return program with its second-quarter report, and beat on earnings and with its forecast for the current quarter. The report was a relief for investors after Samsung and Google had some negative things to say about the premium smartphone market this week. Shares moved more than 5% higher in after-hours trading, pushing Apple toward a $1 trillion valuation again.
MarketWatch tech editor Jeremy C. Owens [@jowens510] and reporter Emily Bary [@emilybary] will live-blog the release of the results as well as the subsequent conference call, which is scheduled for 5 p.m. Eastern time.
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