Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

It's Friday, February 3rd, and we're breaking down Apple's earnings release.

I'm your host Dylan Lewis, and I'm joined on Skype by

Fool.com senior tech specialist Evan New. Evan how you doing? Pretty good about to go

on vacation. About to go on vacation. I doubt that you could possibly be doing as well as Apple is doing this week though.

That's true.

It's not too often that you see the world's largest company spike 6% after earnings?

Yeah, I mean those, the numbers they put up were, I mean I was pretty impressed.

I wasn't really expecting them to really blow it out like this and beat

their own guidance by 400 million dollars. Yeah after you know we always do the

Apple earning show it's one of my favorites to do, but after several in a row where

we've been kind of like, yeah, we know growth is slow or even declining, but just be patient.

We think it's going to be okay. It will be nice to do a show where we can

talk about them and kind of have a little bit of a rosier outlook on things and

maybe reaffirm some of the confidence that the street should have in the business

because in a lot of ways it's still a fantastic company. So why don't we start out

with the big numbers here. Revenue came in at 78.3 billion which beat estimates of

77.3 billion also beat the company's guidance like you said by a couple

hundred million. Earnings per share came in at $3.36 for the quarter

which also beat estimates of $3.22. So for the first time since fiscal Q1 of

last year, the company

posted year over year revenue growth.

...