APPLE’S BOUNTIFUL HARVEST

What other stock but Apple would climb 5% on a day when the Dow dropped 291 points? That’s what happens when you post quarterly revenue of $74.6 effin’ billion, a net profit of $18 billion and sell 74.5 million iPhones, the vast majority of them the 6 and 6 Plus, with 70% of those sales in China. The company also moved 21.4m iPads and 5.5m Macs, both numbers in line with expectations. "They closed the feature gap—namely the lack of a large screen—and, as a result, they blew the doors off for revenue and earnings," Gartner mobile analyst Van Baker marveled in USA Today. The world's most valuable company, Apple is presently sitting on $178 billion in cash.