Apple first-quarter 2010 earnings soared past Wall Street expectations Monday, with the company reporting a profit of $3.37 billion, or $3.74 per share.
That's up 50 percent from the same quarter a year ago, when profits reached $2.26 billion, or $2.54 per share.
Revenue for the quarter was $15.6 billion, up 32 percent from the same quarter a year ago. Wall Street was expecting between $11.21 billion and $12.6 billion in revenue on earnings of $2.07 per share. And Apple always gives an overly conservative estimate; last quarter, Apple said it … Read more