Apple Continues Rapid Growth in Q2

Apple reported its Q2 results and surprised Wall Street on the high side. Revenues are up 59% over the year ago quarter. Sales were driven by the iPhone and iPad which grew rapidly in the quarter. 64% of Apple's revenues came from international markets. The Asia-Pacific area accounted for 25% of total revenue. Apple's market capitalization remains the highest in the world. It is dominant in the mobile market, and it keeps coming out with new features that stimulate sales.  Sales of the iPhone grew 88% to 35 million units in the quarter.  The iPad more than doubled its sales to 11.8 million units.