Wednesday, April 24, 2013

AAPL: Apple Kitchen Sinks Q3, But Announces Huge Cash Plans

Apple Kitchen Sinks Q3, But Announces Huge Cash Plans
by Bill Maurer

After the bell on Tuesday, Apple (AAPL) released its much anticipated fiscal second quarter earnings report. With Apple shares trading roughly $300 off their all-time high, expectations were low and guidance was expected to be terrible. For those that didn't read it, here was my official Apple earnings preview. Apple announced a fairly decent Q2, beating nicely on revenues and reporting earnings roughly in line. Q3 guidance was weak, and that was something I was expecting. Apple decided on a kitchen sink quarter. Perhaps the biggest news was a dividend raise and huge buyback. read more »

Get Seeking Alpha notifications with our iPhone App | Android App | iPad App

More on AAPL

Apple Just Invested In Shareholders by Charles Margolis

Apple: Not As Cheap As You Think by John Lott

It's The Ecosystem, Stupid: What The Ratings Agencies Said About Apple by Eric Rodawig

Other articles that mention AAPL

Google's Growth Story Isn't What It Seems by Bill Maurer

Wall Street Breakfast: Must-Know News by Wall Street Breakfast

Nokia: Should You Give Up? by Futuristics


Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AAPL: unsubscribe from all AAPL email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on AAPL

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001

No comments:

Post a Comment