Wednesday, July 22, 2015

Apple (-5% on Wall Street): estimated fourth quarter revenue below expectations – Reuters

          

Apple to -5% Wall Street. The iPhone maker has announced a quarterly growth and higher than expected but has provided estimates of revenues for the current quarter disappointing. Third-quarter profit rose to $ 1.85 per share on revenues of 49.61 billion (+ 33%). Analysts had expected an EPS of $ 1.81 on revenues of 49.43 billion. For the current quarter, the company expects revenues of between 49 and 51 billion dollars (51.13 billion consensus).

(RV)

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