Volume Spike Investor

Apple Inc. (Nasdaq: AAPL) shares are up more than 4 percent in the premarket to $158.52 on volume of about 84,000 shares. The computer maker posted fiscal Q3 EPS last night of $1.35 a share, or 18 cents better than analyst expectations. Revenue rose 11.7 percent from the same period a year earlier to $8.34 billion, above analyst expectations of $8.2 billion. Gross margin was 36.3 percent, above estimates of 34.3 percent. The company guided fiscal Q4 EPS and revenue slightly lower on EPS, but that had been anticipated by many analysts ahead of the report. Sales of Apple iPhones rose more than 600 percent to 5.2 million units, above expectations of about 5 million units. — Mike Tarsala