News
Apple Earnings! (AAPL)
October 19, 2011 · 0 Comments
Here we go, numbers are out!
It looks like a miss! Stock is tanking, it’s down 7%.
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Below are the numbers followed by what Wall Street expected:
- Revenue: $28.3 billion vs. $29.41 billion expected
- EPS: $7.05 vs. $7.26 expected
- iPhone units: 17.1 million vs. 22 million expected
- iPad units: 11.1 million vs. 10 million expected
- Mac units: 4.89 4.5 million expected
- iPod: 6.9 million
- December quarter revenue: $36.63 billion expected
- December quarter EPS: $8.96 expected
Apple’s stock has been trading at its all time high for the last few days, closing today at $422.24. During the day it traded at $424.60. Where will it go in the after hours trading?
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By Emma Brown
Tags: Amazon, IPod Apple