Exactly where did Apple miss?
Launching the iPhone 4S in October cut into quarterly sales but also allowed the company to raise guidance for the current quarter.
At the time of this writing, Jim Jubak didn't own shares of any companies mentioned in this post in personal portfolios. The mutual fund he manages, Jubak Global Equity Fund (JUBAX), may or may not own positions in any stock mentioned. The fund did own shares of Apple as of the end of June. For a full list of the stocks in the fund as of the end of the most recent quarter, see the fund's portfolio here.
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The company projects earnings of $9.30 a share for its fiscal first quarter, significantly above the Wall Street consensus of $8.97.
Apple missed earnings estimates by 33 cents and now they're adding those 33 cents to the next quarter estimate and you're saying that's significant. Not so, it implies that Apple's meeting analysts estimates for both quarters which is good.
Steve is definitely turning over in his grave. The Occupy Wall Street campaign was coordinated on IPhones.
Let's not call Jubak "Jewback." We should never sink to the level of Germans.
Pinnacle West closed at $45.31 today. The European and Asian money is pouring into United States utility companies big time. Hard cheese if you own Treasuries, but if you own ConEd - you're going to Vegas!
Okay . . . predictions on the World Series? Any bets?
i am not surprised in the least to discover that this is yet another one of Jim Jewback's heavy-handed articles that couldn't be more inaccurate. how did a retard like you ever land a finance-related reporting job, Jim Jewback? you need to retire BIG TIME
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