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Apple Q1 Earnings Preview: What to Expect
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...
More about Apple, Stocks, Business, and GadgetsOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/TXtqwCeLtEU/
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