Apple Earnings Preview: Should Be Good But It’s Always About Guidance

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Apple reports its 2Q09 results after the close on Wednesday. As usual with Apple the stock will react to guidance unless the quarterly numbers are a major surprise. The stock has rallied sharply this year, up about 40%. This dramatically raises the expectations bar for short-term traders. In addition, good results and a huge stock […]

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AT&T 1Q09 Earnings Preview

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AT&T reports 1Q09 results before the open on Wednesday. Current consensus calls for EPS of 48 cents on revenues of $31.1 billion. EBITDA is expected to be about $10.1 billion. Estimates have been pretty stable over the past 90 days after taking a big hit due to the economy and pension accounting. The stock has […]

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