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Down 5% in after hours trading, although not sure if that is before or after results.
by smackfu 14y ago
Down 5% in after hours trading, although not sure if that is before or after results.
- pathdependent 14y agoThe drop came after the results were reported.
- _delirium 14y agoLooks like after, due to being lower than the average analyst expectations... had been predicting $37b revenue, vs. actual report of $35b.
- smackfu 14y agoThey also missed the EPS by a dollar ($9.32 vs $10.35)
- rkrishnakumar 14y agoThey missed the analysts predicted revenue and EPS, but not their own guidance: revenue of $34 billion and earnings per diluted share of $8.68. Wall Street investors go bullish when iPhone sales slow, and bearish when sales are exploding.
- adavies42 14y agothis is traditional: they almost always undershoot the over-expectations
- deleted 14y ago[deleted]
- MichaelApproved 14y agoA move like that, especially after hours, is almost always news (earnings in this case) related.