Apple Earnings :Bested Records
Apple has just posted its Q3 earnings for fiscal year 2010 and the company has once again bested its own records, this time reporting an astounding $15.7 billion in revenue and a net quarterly profit of $3.35 billion., July 20th, 2010 as investors and analysts will be looking for iPhone 4 and iPad sales predictions from the tech giant. The overall consensus is that Apple will report $3.11 a share up from $1.35 a year ago. What may be more important is the number of iPhones and iPads sold and the outlook for this market.it's possible that super-conservative Apple will use the opportunity to be even more conservative than usual when predicting Q4 revenue, margins, or both. And that might spook investors.
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