• Apple EPS $11.62
  • Revenue $45.6 bn
  • The consensus analyst estimates from FactSet were for earnings of $10.19 a share on revenue of $43.67 billion
  • Apple has set a 7 for 1 stock split, buy back boosted to $90bn (from $60bn)

The stock split should send Apple into the Dow Jones Industrial Average. It is a big bullish sign for the stock price. As is the huge boost to the buy back program.

Earlier –

  • Facebook Q1 revenue $2.5bn & EPS 34c (estimates 24c) … big beat … revenue grew 72%
  • Qualcomm $1.31 (vs. $1.22 estimates)
  • Zynga loss 1c/share (estimates were at -1 also), revenue $161m (vs. $147m estimate)