Bloomberg:APPL 2Q EPS $12.30, EST. $10.02; 2Q REV. $39.19B, EST. $36.87B; SHARES GAIN

[djk]

From Bloomberg homepage.

Tony321, Oh Tony321? Where are yooooouuuuu?!?

 

[djk]

http://www.businessinsider.com/apple-q2-2012-earnings-2012-4

Apple's numbers are out!

It's another blow out quarter for Apple, and the stock is up 6%. It beat on revenue and earnings. It also beat on iPhone sales.

The only miss was iPad sales.

This post is being updated in real time, so click here for the latest, or just update your browser.

Here are the key numbers (expectations via Piper Jaffray/Yahoo Finance):
Revenue: $39.2 versus $36.81 billion expected by analysts
EPS: $12.30 versus $10.06 expected by analysts
iPhone sales: 35.1 million versus 30.5 million expected by analysts, 32 million units is the whisper number
iPad sales: 11.8 million versus 13 million units expected by analysts, whisper number is also 13 million
Mac sales: 4 million versus 4.4 million expected by analysts, 4 million units is the whisper number
June quarter revenue: $34 billion versus $37.4 billion expected by analysts
June quarter EPS guidance: $8.68 versus $9.92 expected by analysts

In other words, AAPL killed it. Again.

So, Tony, how's that short working out for ya, LMAO!!!!

 

[djk]

Apple Profit Rises 94% on Growing Global Demand for IPhones

http://www.bloomberg.com/news/2012-...-94-on-growing-global-demand-for-iphones.html

Apple Inc. (AAPL) profit almost doubled last quarter, reflecting robust demand for the iPhone in China as well as purchases of a new version of the iPad tablet, allaying the concerns that fueled a 12 percent two-week slump in the stock.

Net income in the fiscal second quarter climbed to $11.6 billion, or $12.30 a share, as revenue increased 59 percent to $39.2 billion, Cupertino, California-based Apple said today in a statement. Analysts had predicted profit of $10.02 a share on revenue of $36.9 billion, data compiled by Bloomberg show.

Chief Executive Officer Tim Cook is increasingly relying on regions outside the U.S. for sales growth. Apple sold 35.1 million iPhones in the period after releasing the latest model in China and 21 other countries in January. That helped make up for sales declines from the previous quarter at the top U.S. mobile-phone carriers, Verizon Wireless and AT&T Inc. It also quelled speculation that Apple’s growth pace may slacken.

“China has been a very fast-growing region for them,” said Abhey Lamba, an analyst at Mizuho Securities USA Inc. in New York. “There’s more disposable income, strong demand for high-end products and their penetration has been very low in that market. They have been highlighting that region as one of their focus areas.”

Apple rose in extended trading, after having dipped 2 percent to $560.28 at the close in New York. The company’s shares slumped $75.95 since a record close of $636.23 on April 9. The company sold 11.8 million iPads last quarter. Analysts had predicted Apple would sell 31.2 million iPhones and 11.9 million iPads, according to the average of estimates compiled by Bloomberg.

 

[WoodPeckr]

Well Wall St doesn't seem too impressed for the past couple weeks....

Why is AAPL tanking from a 636.23 high, after all the 'happy talk'???.....:eyebrows:

Wasn't AAPL suppesed to hit 1000 according to bottie's fuzzy numbers???.....

 

[onthebottom]

Why is AAPL tanking from a 636.23 high, after all the 'happy talk'???.....:eyebrows:

Wasn't AAPL suppesed to hit 1000???.....

There is always profit taking after a 39% rise in 4 months..... Mr. Sell at $200

OTB

 

[onthebottom]

http://www.businessinsider.com/apple-q2-2012-earnings-2012-4



In other words, AAPL killed it. Again.

So, Tony, how's that short working out for ya, LMAO!!!!

I'm sure the little guy will come out swinging....

 

[WoodPeckr]

There is always profit taking after a 39% rise in 4 months..... Mr. Sell at $200

OTB

But, but but but YOU said AAPL was going to hit 1000???.....:eyebrows:

Or are the 'big boyz' dumping AAPL before the blister pops???......:Eek: