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Apple shares rise after earnings beat, upbeat outlook

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How Apple’s $53.8 billion in revenue breaks down: - $25.99 billion: iPhone - $11.46 billion: services - $5.82 billion: Mac - $5.53 billion: wearables/home/accessories - $5.02 billion: iPad

Apple Inc. shares were gaining in after-hours trading Tuesday after the company topped expectations with its fiscal third-quarter results and gave an upbeat forecast for the current period.

Revenue for the fiscal third quarter rose to $53.8 billion, compared with $53.27 billion a year prior. The FactSet consensus was calling for $53.32 billion.See also: FireEye earnings hampered by cloud upgrades and renewal rates, stock falls

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Buybacks... apple is dying of stagnated creativity

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