Apple on Track to Become First Trillion Dollar Company After Big Q3 Earnings

Step aside, AmazonApple is on the verge of becoming the first $1 trillion company, after beating Wall Street expectations for Q3 revenue and earnings on Tuesday afternoon.

The tech giant reported earnings per share of $2.34 and $53.3 billion in revenue — pushing past analyst estimates of earnings per share of $2.18 and revenue of $52.34 billion, according Yahoo Finance. Sales increased 17 percent year-over-year.

Apple didn’t sell as many iPhones as Wall Street was looking for — 41.3...

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