- 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.
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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)