Apple BEATS Street Predictions turns in record breaking quarter!
Ping!
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Posted on 07/21/2015 2:03:36 PM PDT by Swordmaker
I guess the street expected more. Last look it was down in after hours. Tomorrow will tell.
They did great but was it very much above the street estimates?
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4 cents per share above expectations... expected 1.81 came in at 1.85.
At the moment Apple is tanking after hours due to a disappointing 4th quarter outlook.
What new products do they have coming?
Revamped MacBook Pro line (14nm processors).
iPhone 6S, 6S+.
Next version OS X.
Next version iOS.
Next version WatchOS.
Possible 12” iPad Pro.
Usually a couple outright surprises.
Classic buy the rumor and sell the fact.
Also, a bit more iffy but likely:
AppleTV update (4K support?).
Retina desktop iMacs including 5K or better Cinema display for Mac Pro.
Live/local streaming TV for AppleTV.
So the usual look and nothing surprising.
So that's what it takes to "pulverize" the Street. This Street thing seems rather fragile.
More like taking profits now that actual quarter-end results are known. Typical market behavior.
Who knows what else?
They did their “new and surprising” earlier this year. 1-port ultra thin MacBook, iPhone 6+, Apple Watch.
Remember, Apple has a VERY small slate of products - and that’s how they keep it. Expansion of the line is sparing, Watch having done plenty of that for the year. Updates are typically incremental, and having done so to a bit of the line now is time to expand those changes across the line (retina for all iMacs; USB-C for all MacBooks; + sized iPad; >= 4K displays for AppleTV and Mac Pro).
Do you seriously expect something more “unusual and surprising”? got examples? an electric car maybe?
Hmmm...they didn’t publish the number of units sold of watches. Or did they and it’s just not in this screenshot?
More money for the homo-nazi and his ignorant sycophants to kill freedom.
Toshiba Japan just got caught cooking the books.
I wonder how many accounting wizards Apple has in its employ. The books are probably kept in India; do you think the SEC would spend money investigating? They need to investigate Trump right now. No time for AAPL.
I’ve invested in Apple for a while, it’s a sharper drop than usual. Still, with the market you never know and they could rise tomorrow.
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