AAPL Up 5% iPhone, iPads, & FYQ3, Q4

Apple fruit (AAPL) this afternoon described fiscal Q3 income and profit that covered analysts’ approximates, and outlook this quarter’s income below expectations. income in the three months ended in June increased to $35.3 billion, yielding EPS of $7.47. The Street had been modeling $35.02 billion and $7.31 per share. apple fruit supply is up $15.81, over 3%, at $435.32 up $20, or almost 5%, at $438.99 in late selling. whole margin came in at 36.9%, which was in the direction of the high end of the company’s outlook for 36% to 37% whole margin. The company reportedd sales of 31.2 million iPhones, and 14.6 million iPads. That iPhone number is much higher than some estimates of 26 to 27 million that I’ve seen. The iPad number seems reduced relative to anticipations for possibly 16 million to 17 million. The company sold 3.8 million Macs, which is smaller than approximates I’ve seen for 4 million or so, and 4.6 million iPods. CEO Tim Cook said the business was “proud of our record June quarter iPhone sales,” and also development in sales of content from iTunes. He said the business is “laser-focused and employed hard on some astonishing new goods that we will insert in the drop and over 2014.” For the current quarter, apple fruit projects income in a variety of $34 billion to $37 billion, with whole margin of 36% to 37%. That is below the present agreement for $37.1 billion this quarter. Apple completed the quarter with $11.25 billion in cash and equivalents, $31.4 billon in marketable short-term securities,and $104 billion in long-term securities, after developing functioning cash of $7.8 billion, for a cash balance of $147 billion. That is against $17 billion of long-term liability. apple fruit management will owner a conference call with analysts at 5 pm, to the east time, and you can apprehend the webcast of it on the company’s shareholder relatives world wide web site. View Yahoo Finance & Google Finance

 
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