“The company didn’t fall apart,” Jordan Rohan, an analyst at Stifel Nicolaus & Co, told Bloomberg. “Almost by definition that was greater than expected.”
“Expectations were low heading into the results, and the company largely delivered despite the CEO’s departure and strategic distractions,” Ross Sandler, an analyst with RBC Capital Markets, said in a MaretWatch report.
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Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own AAPL.