AAPL just released their quarterly numbers and for the most part, everything is in line with Wall St expectation. Iphone sales continue to grow, but cannot say the same for the Ipad. In fact since 2011 , growth has consistently decreased.
AAPL remains an attractive stock and will continue to hold it.
Earning detail
Revenue: $37.43 billion versus $38 billion expected
EPS: $1.28 versus $1.23 expected
iPhone unit sales: 35.2 million versus 35.3 million expected
iPad unit sales: 13.3 million versus 14-15 million expected
Macs: 4.4 million versus 3.9 million expected
September quarter revenue: $37-$40 billion versus $40.4 billion expected
September quarter gross margin: 37-38% versus 37.5% expected
Cheers
Algo
AAPL remains an attractive stock and will continue to hold it.
Earning detail
Revenue: $37.43 billion versus $38 billion expected
EPS: $1.28 versus $1.23 expected
iPhone unit sales: 35.2 million versus 35.3 million expected
iPad unit sales: 13.3 million versus 14-15 million expected
Macs: 4.4 million versus 3.9 million expected
September quarter revenue: $37-$40 billion versus $40.4 billion expected
September quarter gross margin: 37-38% versus 37.5% expected
Cheers
Algo
