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The question with numbers and earnings is not whether they beat or missed "expectations" -- the question is whether it's good enough. Misses are bought, and beats are sold, on a probably majority basis, for that reason. Is a slight beat enough to justify new high valuations for Apple? They often blow out earnings and a small beat such as this may in fact be very short of investor expectations--in fact, I know it is, because it's only trading slightly higher after hours instead of hugely up as it often does. But that may be good enough.
If you think AAPL will outperform, then I would say buy it right now and sell the next earnings, which are likely to be crushed out of the park again. For 2015 I am more bearish the world in general, and even for Q4 I don't think AAPL will outperform the index.
