AAPL just broke 600 again!
Doom and Gloom!! They barely beat the whisper numbers, and next quarter is going to be miserable! Only 14% growth YoY, and a 30% QoQ drop in earnings, all after a 12% decline this past QoQ!! Doom and Gloom!!
In all seriousness though... wow, good quarter and amazing margins. Had hoped for a little better; this won't move us back to $650 any time soon.
So, Mac sales were below estimates as were iPad sales. Q3 guidance is below consensus and below Q2. I think aftermarket action is way off (it often is for many companies on the day when they report quarterly results). It does not look like AAPL is going up from now. It looks like it will go down.
Yes! I was able to get some shares at 3:59pm today.
They should totally drop "other"
Ipods are 3% of revenue? Wow. Discontinuation of ipod classic and shuffle imminent?
Apple used to be known for Macs and ipods, now the company is all about ipads and iphones.
So, Mac sales were below estimates as were iPad sales. Q3 guidance is below consensus and below Q2. I think aftermarket action is way off (it often is for many companies on the day when they report quarterly results). It does not look like AAPL is going up from now. It looks like it will go down.
I'm gonna come out and say it.
AAPL's gonna break $700 tomorrow.
People are waiting for refreshes.
(RTTNews.com) - Apple Inc. (AAPL) posted second-quarter net profit of $11.62 billion or $12.30 per share, up from $5.99 billion or $6.40 per share in the year-ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $10.06 per share for the quarter. Analysts' estimates typically exclude special items.
Quarterly revenue rose to $39.2 billion from $24.7 billion in the same quarter last year. Forty three analysts had consensus revenue estimate of $36.81 billion for the quarter.
Nice try.
Considering the Macintosh business is a Fortune 100 company on its own and Apple has had 25 straight quarters of Mac sales growth, I'd say they are pretty aware of the fact that they sell " "CPU" devices".
It's just an after-market speculation. We'll see what happens tomorrow (or even in one hour)
Cant find any pullback to enter.
I am sick of this AAPL run up. Cant find any pullback to enter. I guess pros used this earnings to get out from positions to short that bubble stock. I do hope so.
I didn't say anything about not being profitable. But nearly everyone I know that is thinking about buying a new CPU has been holding off. Have you taken a look at the Buyers Guide recently?