Quote:
Originally Posted by Adraco
And this evening Apple released their Q2 numbers:
Earnings of $2.33 per share (analysts expected $2.16)
Total sales of $58 billion, market expected $56 billion
Apple traded up 1.8% during trading day and 1.4% in the after market after report had been published.
Apple also announced it will increase its program to buy back shares, to $140 billion, up from previously $90 billion.
Apple sold 61.2 million iPhones, market expected 58.2 million iPhones.
For the first time, the amount of iPhones sold in China surpassed the amount sold in the US during the period.
Sales of iPad and Macs were slightly down.
Seems to be doing very good at the moment, I do not see any sudden drop in the Apple share price. At least not anytime soon.
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aapl sold off today. this report was already priced in. when all the good news is priced in, there is only 1 direction to go...
