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A comment on Apple Reports Third Quarter Results. Parent comment

Re:Apple Reports Third Quarter Results by encoderer on Tuesday July 22, 2014 @05:20PM (#8071619)
That's not at all true. They beat earnings. It's the forward looking guidance that looks concerning, but it's a faux number because Apple has talked a lot about their product pipeline but the forward guidance doesn't include any new products.
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Re:Apple Reports Third Quarter Results by DannyBee on Tuesday July 22, 2014 @05:22PM (#8071627)
It was definitely below street expectations for revenue, and number of units sold. Tim even admits this on the call:"iPad sales met our expectations," Cook says, "but we realise they didn't meet many of yours."

So they beat EPS, but they were below estimates on shipping both iphones and ipads. It's only because they increased margins that they beat EPS.

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Re:Apple Reports Third Quarter Results by smackfu on Tuesday July 22, 2014 @05:25PM (#8071639)
Heh, on the conference call, someone asked them why they beat their gross margin guidance for the 3rd quarter in a row, when these are supposed to be realistic numbers now.
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