“Apple also offered a profit and revenue forecast above Wall Street forecasts,” Robertson reports. “Apple said Monday it earned $3.4 billion, or $3.67 per share, in the latest quarter, which ended Dec. 26. In the same period of 2008, had the same accounting standards been in place, it would have had net income of $2.3 billion, or $2.50 per share. Revenue was $15.7 billion, a 32 percent jump from $11.9 billion in the same period last year.”
Robertson reports, “Apple said it expects the current quarter, the second in its fiscal year, to yield earnings of $2.06 to $2.18 per share, with revenue of $11.0 billion to $11.4 billion. Analysts had been predicting profit of $1.77 per share and revenue of $10.4 billion in the current quarter, according to Thomson Reuters.”
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