And today was one of the busiest days of all for profit reports led after the bell by apple. You also probably know that what the pros call earnings season is a game not of thrones but of expectations. Beat the wall street forecast and investors love you. Even your sales and profits are lower, maybe even far lower than they were a year ago. Well that is exactly what apple did and exactly what happened in early after market trading to day. Apple a stock you likely own in your mutual funds even if you dont own it directly blew past expectations. The Company Earned more than wall street reckoned. The revenue was stronger than analysts thought it would be and the company shipped more than 40 million iphones in the most recent quarter. Thats notable because analyst has been concerned that consumers just werent upgrading their phones as often as they used to. Here are the numbers. The Company Earned 1. 42 a share. That is four cents above expectations. A significant beat. Revenue came in at
And today was one of the busiest days of all for profit reports led after the bell by apple. You also probably know that what the pros call earnings season is a game not of thrones but of expectations. Beat the wall street forecast and investors love you. Even your sales and profits are lower, maybe even far lower than they were a year ago. Well that is exactly what apple did and exactly what happened in early after market trading to day. Apple a stock you likely own in your mutual funds even if you dont own it directly blew past expectations. The Company Earned more than wall street reckoned. The revenue was stronger than analysts thought it would be and the company shipped more than 40 million iphones in the most recent quarter. Thats notable because analyst has been concerned that consumers just werent upgrading their phones as often as they used to. Here are the numbers. The Company Earned 1. 42 a share. That is four cents above expectations. A significant beat. Revenue came in at
We saw a rally in asia and the u. S. Yesterday. Crude oil pushed up higher than one percentage point. There is hope that the commodities market can start to lift from its lows. Copper and metals are up 9 10 of 1 . The u. K. Gdp will come out later today. That is pushing a little bit higher. We are close to near eight month lows when it comes to the pound. We have had a downward trajectory for the pound to the dollar this year. Lets look at the stocks. They were interesting mma stories this morning. 2 1 . Ta pushes up 1 mittal is up 3 . Look out for steel producers. Thank you, caroline. Hong kong for a look at the asian session. Nejra were still looking for that santa claus rally in asia. We some modest gains across the board. It was really this Holiday Themed volume we have seen across the region. Take a look at sydney stocks. By one half of 1 . Traders have already taken off for the holidays. Mainlandomes to markets, we thought a little bit of a dip. We had some honest gains. Lets tak