Apple (AAPL 82.83) reported strong fiscal first quarter results and posted $10 billion in quarterly revenue for the first time in its history.

For its first fiscal quarter, Apple reported earnings of $1.78 per share, $0.39 better than the First Call consensus of $1.39. Revenues rose 5.8% year-over-year to $10.17 billion; the consensus called for revenues of $9.75 billion.

Apple sold 4.36 million iPhones in the quarter; Wall Street expected approximately 4.6 million. Macs were in-line, with sales of 2.52 million matching the 2.5 million Street expectation.

Isn't Apple an infringer- second tier????

-iam