Stocks don’t move on what you did last quarter unless your results were unexpectedly terrible.
AAPL will only move up if next quarter’s guidance is good. What did the conference call indicate about next quarter?
This is the guidance, but it has to be compared to 1st quarter of 2015. After hours, AAPL hasn’t budged either way which tells me that the stock is not going to pop up.
Apple is providing the following guidance for its fiscal 2016 first quarter:
• revenue between $75.5 billion and $77.5 billion
• gross margin between 39 percent and 40 percent
• operating expenses between $6.3 billion and $6.4 billion
• other income/(expense) of $400 million
• tax rate of 26.2 percent