Apple shares tumbled in after hours trading ($156.16,-10.13, -6.09%) as the company offered guidance of $1.00 EPS on $7.8 billion in revenue. First Call analysts’ consensus estimates are for $1.24 EPS on $8.32 Billion in revenue.
Apple is notorious for providing conservative guidance.
Apple today posted Q308 revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share versus analysts’ consensus expectations of $1.08 a share on revenue of $7.4 billion. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter.
“Sixvodkas
shen???
In case you’re COMPLETELY out of touch with reality, the DEMOCRATS control the HOUSE and the SENATE. “
oh, conservative alert! how can you tell? mindless CAP ALERT!
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and to all the other conservative wind bags:
in case your memory only goes back 3 days, and like a goldfish you can’t think about the past as it doesn’t fit in your mind, you might recall that the years that the deregulation, scandals like enron, and the years that the country was over extending and running a massive deficit were all under the republican congress.
i know, i know, that was 2 whole years ago! how could you be expected to remember back that far! i am so unfair!
“shen reported he/she has children. If they are shen’s progeny, we have another generation of ignorant twits to deal with.”
tell ya what, i will match up my 9 year olds IQ against yours any day. she has over 160 and grades and awards to match it. i figure she could drop half that and still beat you by about 7-12 points. wanna try?
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shen,
You make me laugh so much – except for the fact you have children.
@ Chaplin
“We should all start a company that loses money and makes shit products… Then maybe we’ll all make some money…”
Too late, been done. They’re called Microsoft. I hear they made boatloads of money already.