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Stockreport

Apple rallies after company forecasts a return to sales growth [BNN Bloomberg (Canada)]

Apple Inc. (AAPL)  More Company Research Source: BNN Bloomberg
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Revenue fell 4.3 per cent to US$90.8 billion in the fiscal second quarter, which ended March 30, the company said in a statement Thursday. That compared with an average analyst estimate of $90.3 billion. Profit in the quarter also topped Wall Street projections. In the current period, Apple said it expects revenue to climb by a percentage in the low single digits, Chief Financial Officer Luca Maestri told Bloomberg Television's Emily Chang. The results came as a relief to investors, who have been waiting for the iPhone maker to pull out of a long slump. Apple has posted sales declines in five of the past six quarters, hurt by a sluggish smartphone market and headwinds in China. The company warned analysts in February that revenue in the latest period would be down about 5 per cent from a year earlier. The shares gained about 7 per cent in extended trading after the report was released. Apple had been down 10 per cent to $173.03 this year through Thursday's close. Earnings amo [Read more]
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Stockreport

Apple rallies after company forecasts a return to sales growth [BNN Bloomberg (Canada)]

Apple Inc.  (AAPL) 
More Company Research Source: BNN Bloomberg
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Revenue fell 4.3 per cent to US$90.8 billion in the fiscal second quarter, which ended March 30, the company said in a statement Thursday. That compared with an average analyst estimate of $90.3 billion. Profit in the quarter also topped Wall Street projections. In the current period, Apple said it expects revenue to climb by a percentage in the low single digits, Chief Financial Officer Luca Maestri told Bloomberg Television's Emily Chang. The results came as a relief to investors, who have been waiting for the iPhone maker to pull out of a long slump. Apple has posted sales declines in five of the past six quarters, hurt by a sluggish smartphone market and headwinds in China. The company warned analysts in February that revenue in the latest period would be down about 5 per cent from a year earlier. The shares gained about 7 per cent in extended trading after the report was released. Apple had been down 10 per cent to $173.03 this year through Thursday's close. Earnings amo [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS