“Apple is expected to report revenue of $14.75 billion for the quarter ended June 27 — up 77% from the same period last year, according to consensus estimates from Thomson Reuters,” Gallagher reports.
“Earnings per share are expected to come in at $3.11 compared with $1.35 in the same period last year,” Gallagher reports.
Full article here.
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And if they’re only up 75%, the stock will dive like nobody’s business.
again:
hey MDN,
can we please stop listing reports that compare today’s earnings and revenue to last year’s outdated GAAP report (with smeared out iPhone accounting), without pointing out the invalid comparison ?
last year’s restated earnings (comparable with today’s) were $2.01 per share, revenue was 9.7B$.
today’s earnings (out in 10 minutes) will need no artificial push-up.
EPS of $3.11 is 130% larger than last years $1.35. Would it not be great if the stock could grow as fast as the earnings per share. The stock is only up about 60%.
FOX is starting to rely on Rob Enderle for commentary about Apple.
Hi SamLowry. Lets go listen and watch the AAPL game.
Bang Zoom To The Moon Apple !!!
@Jersey_Trader
“see” you there!
Why do you care about Apple’s shares?