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January 27, 2014 03:27 am GMT

Apple Q1 Earnings Preview: What to Expect

Tim-cook

Six months ago, Apple's chief financial officer Peter Oppenheimer promised that the company and its customers would be in for "a very busy fall." Apple made good on that: two new iPhones, two new iPads, a new iMac and the new Mac Pro all went on sale in the three months between mid-September and mid-December. On Monday, we finally get hear some of the results for this deluge of new products.

Apple will report its first-quarter earnings for 2014 shortly after the market closes at 4 p.m. ET on Monday. Expectations are high. The consensus on Wall Street is that Apple will post earnings of $14.09 per share on revenue of $57.5 billion, according to analysts surveyed by Thomson Reuters. That would represent an increase of 2% and 5%, respectively Read more...

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Original Link: http://feeds.mashable.com/~r/Mashable/~3/TXtqwCeLtEU/

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