Big News on Apple Call: Jobs Makes Rare Appearance

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He’s alive. He sounds vibrant. Very upbeat on iPhone and notebooks. Discussing economy which he says is impossible to predict but company positioning provides some insulation. Very confusing numbers because of subscription accounting. This could be impacting GAAP guidance based on a revenue per iPhone calculation. Jobs mentions possibility of using cash on acquisitions. $25 […]

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Bar Lower for Apple’s Quarterly Earnings

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Apple reports its September quarter earnings tonight after the market closes. However, the key to the stock price will be the December quarter guidance. Given that Apple guides below consensus most of the time, I think anything close to consensus of $10.57 billion in revenue and $1.65 in EPS will be well received. Obviously, the […]

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