Preparing For Apple's Big Earnings Report
by Zvi Bar
On Wednesday, January 23, Apple (AAPL) is scheduled to report its earnings for its first fiscal quarter of 2013, or calendar Q4 of 2012. The company previously indicated that it expects its revenue to come in around $52 billion and diluted earnings would be roughly $11 billion or about $11.75 per share, but the market expects the tech giant to perform exceedingly better. Wall Street estimates anticipate about a five percent beat on revenue, with an average street estimate of $54.7 billion, and about a ten percent beat on EPS, or about $13.41 per share. read more »
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