Discussion in 'Stocks' started by DuyLe, Oct 22, 2007.
What time do they release earnings?
Yeah that number wasn't leaked. What a scam!!
How many times me have to tell you!!!!!!!!!!!!!
AAPL going to THE MOON!!!!!
Yeeeeeeeeee Hawwwwwwwww AAPL
Apple Profits surge 67%
SAN FRANCISCO (MarketWatch) -- Apple Inc. on Monday said that sales of more than 2 million Macintosh PCs, along with strong performances from its iPod and iPhone products, helped the consumer electronics company report a 67% increase in fourth-quarter earnings.
Apple reported a fourth-quarter profit of $904 million, or $1.01 a share, on revenue of $6.22 billion. During the same period a year ago, Apple earned $546 million, or 62 cents a share, on $4.84 billion in sales.
Apple's results topped the estimates of analysts surveyed by Thomson Financial, who forecast the company to earn 86 cents a share on revenue of $6.07 billion.
These are great numbers all around except for Ipod sales. For once they guided higher than the street for the next quarter instead of low balling.
how can apple have bad earnings when their macs are making huge strides?
Actually your post makes perfect sense. You could have taken at least 2 bucks out of AAPL in the pre earnings. The earnings thing is mostly gambling but that is the fun of it.
Separate names with a comma.