SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito who wrote (143513)10/25/2012 4:42:53 PM
From: Sam  Read Replies (2) of 213182
 
AAPL Halted: FY Q4 Rev Beats, EPS Misses; Q4 View Misses
By Tiernan Ray
http://blogs.barrons.com/techtraderdaily/2012/10/25/aapl-halted-ahead-of-fy-q4/?mod=yahoobarrons


Apple ( AAPL) shares this afternoon have been halted ahead of its fiscal Q4 report.

Analysts on average are modeling $35.86 billion and $8.84 per share.

Update: Apple is reporting $36 billion in revenue and $8.67 per share in profit.

The company said it sold 26.9 million iPhones in the quarter, somewhat higher than recently reduced estimates in the neighborhood of 25 million to 26 million.

Apple’s gross margin totaled 40%, roughly the same as the year-earlier quarter.

For the current quarter the company forecasts $52 billion in revenue and $11.75 per share in profit, way, way below the consensus $55.15 billion and $15.59.

Apple’s sales of iPads totaled 14 million, down from even recently reduced estimates for 15 million or so. Mac computer sales totaled 4.9 million units, while iPods totaled 5.3 million units.

Cash and marketable securities at quarter’s end totaled $121.3 billion.

Apple shares are set to resume trading at 4:50 pm, Eastern time, with a quote time of 4:45 pm.

Management will host a conference call with analysts at 5 pm, Eastern time, and you can catch the webcast of it here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext