LEDE
Sometimes an earnings beat is more than just a company executing well. Sometimes it’s a signal of the future, beyond one quarter, beyond one-year, and with the latest earnings release from Apple Inc (NASDAQ:AAPL) , we may have just that.
RESULTS
Before we dive into the details of the earnings release, here are the headline numbers:
* Apple reported $1.67 in earnings per share (EPS) versus expectations of $1.57 per forecast from Thomson First Call.
* Apple reported revenue of $45.4 billion versus First Call estimates of $44.9 billion.
(note: while we are members of First Call we did not turn in estimates).
Apple sold 41 million iPhones, above estimates and, more importantly, reminding the world that there would be no ‘demand drop-off’ effect ahead of the new iPhone cycle. Even further, Tim Cook noted …View the full post at: The Stunning Implications of Apple’s (AAPL) Earnings …
Related Articles:
Monaker Group (MKGI) Set to Boost its Industry Positioning in the Vacation Rental Sector
The Incredible Pre-Earnings Pattern in Nvidia (NVDA)
Option Trading Before Earnings in Starbucks (SBUX)
