Apple sold 31.2 million iPhones in Q3 smashing the Wall Street estimate of around 26 million. iPad sales however sold less than expected at 14.6 million, compared to estimates of 17 million. Apple reported earnings per share of $7.47 on a revenue of $35.3 billion, coming in ahead of estimates for earnings of $7.34 per share on revenue of $35.1 billion. Apple's stock went up by almost 5% after the earnings report was released. While many are commenting that year to year comparisons are staying flat, we must remember that due to Apple changing launch schedules they aren't really that meaningful.