Tuesday, July 20, 2010

Apple Earnings Reports Of 2010


Here a good news for the apple fans From Antennagate Apple in casting haze over the company's shares for much of last week, Apple (AAPL) reversed when it reported third-quarter profit at the market close on Tuesday.

Inspired by strong iPhone and Mac Sales, Apple beat goals, posting $ 3.51 a share, compared with profit of $ 2.01 in the same period last year and well above analysts' estimates calling for earnings of $ 3.11, in accordance with Yahoo! Finance.


Sales for the fiscal third quarter ended last month amounted to $ 15.7 billion, which is almost double compared with $ 8.34 profit lever in the past year and a whopping $ 1 billion higher than analysts' estimates calling for sales of 14.7 billion . dollars.

The results were eager Apple shares up after a day shopping for more than 3%, to $ 259.27.

Read the live blog TheStreet revenue conference call Apple. And all the money, ringing in and let us know what's on your mind for Apple and our coverage.
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