Monday after the close, Apple reported earnings. Dan Gallagher has done an excellent job of covering the numbers here. The only other important information I can add is that the tone of the conference call was very positive. Instead of regurgitating the numbers, I will show you both long – and short-term investors how to analyze, and profit from, the bull/bear battle that occurred after the earnings release. It is elementary that a stock goes up when bulls overcome the bears, and a stock goes down when bears overcome bulls. The chart linked to below annotates how the bull/bear battle played