Here is a recap of the top news items from this week on Wall Street: 1. Shares of Apple (Nasdaq: AAPL) rose more than 6 percent on Wednesday (pushing the company's market value to thee highest in the world among publicly-trade companies) after the maker of the iPhone and iPad absolutely demolished first-quarter expectations.
Apple posted quarterly earnings of $13.87 per share on sales of $46.3 billion. The Street was looking for EPS of $10.08 on sales $46.33 billion.
Looking for second-quarter EPS of about $8.50 on sales of $32.5 billion. The Street is looking for EPS of $8.03 on