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Re: Apple is on FIRE...

By: weco in FFFT | Recommend this post (0)
Thu, 21 Apr 11 11:05 AM | 36 view(s)
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Msg. 28444 of 65535
(This msg. is a reply to 28443 by oldCADuser)

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After hours had a decent run-up as well... I listened to Tim's call, Q & A... bringing in 13 more countries as they see the ability to fill the demand.. Lookin' good... Like to see it break through the 360 barrier of late... All good to me... Go AAPL!


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The above is a reply to the following message:
Apple is on FIRE...
By: oldCADuser
in FFFT
Thu, 21 Apr 11 6:07 AM
Msg. 28443 of 65535

Apple earnings surge 95% in second quarter

April 20, 2011, 4:34 p.m. EDT

SAN FRANCISCO (MarketWatch) -- Apple Inc. reported a 95% surge in earnings after the closing bell on Wednesday, blowing past Wall Street's estimates. For the quarter ended March 26, Apple (NASDAQ:AAPL) reported net income of $5.99 billion, or $6.40 per share, compared to net income of $3.07 billion, or $3.33 per share, for the same period the previous year. Revenue jumped 83% to $24.67 billion. Analysts were expecting earnings of $5.36 per share on revenue of $23.3 billion, according to consensus estimates from FactSet Research. For the June quarter, the company said it expects earnings of $5.03 per share on revenue of $23 billion; analysts had been expecting earnings of $5.25 per share on revenue of $23.8 billion.

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