Apple posts Q2 results, beats revenue estimates by half a billion (UPDATE: CONF CALL LIVE COVERAGE)

Apple has released its fiscal Q2 financial results after the markets' close today. The company posted revenue of $7.5 and profits of $1.05 billion, beating analyst estimates by far. SEE CONF CALL COVERAGE AT THE BOTTOM read more

Yet somehow you just know Apple’s stock is going to tank…

Well, Apple just posted record profits once again, and you know what that means - Apple’s stock will tank tomorrow for no reason. As an Apple stockholder, I have noticed that nothing brings down Apple’s stock faster than good news. Oh well, see if you can see anything here for Wall Street to bitch about… Apple [...]SHARETHIS.addEntry({ title: "Yet somehow you just know Apple’s stock is going to tank…", url: "http://macenstein.com/default/archives/1305" });

Wireless Growth Gives Biggest Lift To AT&T's Q1 Results (Investor's Business Daily)

Investor's Business Daily - AT&T on Tuesday reported first-quarter results in line with analyst expectations, fueled by a 17% rise in wireless service revenue.

Apple 2Q profit, sales beat Wall Street, but stock wobbles on guidance below estimates

Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers — and beat Wall Street estimates — but its stock dipped on a lower-than-expected profit forecast.

Apple 2Q Profit Jumps 36 Percent, But Stock Wobbles

Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers, but its stock tumbled on the company's forecast of earnings below what had been expected.

Apple 2Q profit jumps 36 percent, but stock wobbles (AP)

AP - Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers — and beat Wall Street estimates — but its stock dipped on a lower-than-expected profit forecast.