Apple Earnings Preview: What to Expect

Every Apple earnings report is a big event, but today's earnings report is especially significant.

Apple's September quarter earnings report disappointed investors. Though the company beat expectations for iPhone sales by a decent margin, it fell short on iPad sales and perhaps more importantly, Apple projected that it would report a significantly lower profit margin in the following quarter than analysts had expected. Apple's stock fell below $600 the next day for the first time in three months and has continued to decline, falling to as low as $483 a share in intraday trading last week.

In recent days, Apple's stock has hovered right around the $500 mark, as investors appear unsure w…
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