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Everything you need to know about Apple’s blowout third-quarter earnings

ICE Graveyard 26/07/2016 Matthew Lynley

Apple’s third quarter results came out today. They’re pretty good!

Or, at least, not bad — and good enough to keep investors happy. Very happy, actually: the stock jumped more than 7%, recovering pretty much all of the value it lost when it reported a complete whiff of a second quarter. It’s no monster crash or jump like Twitter regularly experiences, but 7% is enough to move tens of billions of dollars.

The short story is that everything is more or less slowing down. The long answer is, there’s quite a bit of nuance in every part of Apple’s business, and sparks of light in some areas that seemed to be ripe to be completely ignored.

Photo: Getty Images/Justin Sullivan

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