Top 10 News Items 7/20-7/24: Apple (AAPL) Stomps on Q3 Expectati...

Courtesy StreetInsider.com News Articles  Fri, 07/24/2009 - 14:09

Here is a recap of the top news items from this week on Wall Street: 1. Apple (Nasdaq: AAPL) once again surpassed lofty quarterly results this week, underscoring its continued dominance in the tech sector.

The company reported Q3 EPS of $1.35, beating the analyst estimate by 18 cents, on sales of $8.34 billion.

Apple also issued quarterly guidance, which has been notoriously conservative, of $1.18-$1.23 on earnings and sales of $8.7-$8.9 billion.

During the quarter, Apple said it sold...


 

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