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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Gush who wrote (3754)1/12/2005 5:24:54 PM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
They knocked it out of the park.....

Beat the Street by $0.22, shredded both the top and bottom line.

<:-o

Holy Shinola! I was pretty sure there would be an upside surprise, but I sure wasn't expecting THAT!

A classic, textbook perfect earnings play.... traded sideways for a month going into earnings that was likely to be an upside surprise. No significant ramp up into earnings. Now hovering on chart support and moving average support. And, a stock with extremely high relative strength. THAT's the sort of trade you want to up the position size, IMHO.

139.142.147.218

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AAPL Apple Computer beats by $0.22, guides Q1 EPS, revs above consensus (65.46 +0.90)

Reports Q1 (Dec) earnings of $0.70 per share, $0.22 better than the Reuters Estimates consensus of $0.48; revenues rose 74.0% year/year to $3.49 bln vs the $3.15 bln consensus. AAPL reports gross margins of 28.5% vs street expectation of 27%, reports 1.046 mln Mac units shipped during Q1, vs street expectation of 984k. Company issues upside guidance for Q2 (Mar), sees EPS of $0.40 vs. Reuters Estimates consensus of $0.33 on revs of $2.9 bln, vs consensus of $2.749 bln.

T



To: Gush who wrote (3754)1/12/2005 6:02:27 PM
From: Venditâ„¢  Respond to of 8752
 
I just read Terry's post about earnings. Not surprising....

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