Top 10 News for 07/21 - 07/25: In the Thick of Earnings; M&A Ramps Up; Where's the Homes? - InvestingChannel

Top 10 News for 07/21 – 07/25: In the Thick of Earnings; M&A Ramps Up; Where’s the Homes?

1. Tuesday night, Apple, Inc. (Nasdaq: AAPL) reported Q3 EPS of $1.28, $0.05 better than the analyst estimate of $1.23. Revenue for the quarter came in at $37.4 billion versus the consensus estimate of $37.99 billion. Apple sold 35.2 million iPhone units in the quarter versus consensus of about 34.0 to 34.5 million and 13.3 million iPad units, versus the consensus of about 14.3 million. Analysts were largely impressed with the results and shares saw subsequent gains.

2. Tech leaders Facebook (Nasdaq: FB) and Amazon.com (Nasdaq: AMZN) posted mixed results: