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Stock impact report

Apple Earnings Were Just Fine [Seeking Alpha]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Seeking Alpha
Summary After the bell on Thursday, we received fiscal first quarter results , for the company's holiday period, from technology giant Apple ( AAPL ). Going into the report, analysts were scrambling to cut estimates amidst rumors of iPhone X production cuts, which brought down shares from their recent all-time highs. As expected, the company beat for the holiday period but issued downbeat guidance for the current quarter. Overall though, the report was just fine. Q1 results: If you didn't get a chance to read my earnings preview article, here it is again for you. I didn't provide any specific unit sales estimates, so I provided the chart below to show you were the street is on most things. However, just like most analysts, I thought the December quarter would be a pretty good one. ( Source: Philip Elmer-Dewitt's Earnings Smackdown ) When looking at the main results, basically all of the product categories came in light on unit sales, but average se Show less Read more
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