Strong iPhone sales help Apple top Wall Street forecasts

CUPERTINO, Calif. — Apple sales and profits surged in its most recent quarter, topping Wall Street expectations, thanks in part to a 22-percent jump in iPhone sales, the Cupertino company reported Tuesday. Apple’s stock jumped on the news. In recent after-hours trading, it was up $2.69 a share, or 2.4 percent, to $117.24. In its fiscal…