NII Holdings (NIHD) 1Q08 results were at the high end of expectations pretty much across the board. Given many worries that had cut the stock in half in the last six months, the results provided relief. The shares rose 8% yesterday, building on a recovery that is now approaching 50% from the February low. I […]
Apple reported excellent 2Q08 results with revenues and EPS exceeding estimates. Guidance is good by Apple standards with revenues above street estimates and EPS just 10 cents below the street. Analysts and investors will pick apart the numbers and conference call commentary but the bottom line is that this quarter, the conference call, and the […]
Here is the series of posts I made on RealMoney.com yesterday after crunching Apple’s numbers but before the conference call Q&A started: 4:49 PM EST: Good and and I like the guidance being in line with consensus. Tax rate was low adding 4 cents to EPS. That probably is why the stock has pulled back. […]
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