AAPL just released their quarterly numbers and for the most part, everything is in line with Wall St expectation. Iphone sales continue to grow, but cannot say the same for the Ipad. In fact since 2011 , growth has consistently decreased.
AAPL remains an attractive stock and will continue to hold it.
Earning detail
Revenue: $37.43 billion versus $38 billion expected EPS: $1.28 versus $1.23 expected iPhone unit sales: 35.2 million versus 35.3 million expected iPad unit sales: 13.3 million versus 14-15 million expected Macs: 4.4 million versus 3.9 million expected September quarter revenue: $37-$40 billion versus $40.4 billion expected September quarter gross margin: 37-38% versus 37.5% expected
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.