Apple Inc. (AAPL) Sells a Record Number of iPhones, Crushes Estimates

HFA Padded
HFA Staff
Published on
Updated on

Apple Inc. (NASDAQ:AAPL) released its earnings report for the three months ended June 30 2013 this afternoon after the market closed on Wall Street. The company showed earnings of $7.47 per share for the three months period on revenue totaling $35.3 billion. On today’s market stock in the smartphone maker trended downward, finishing the day at $418.99 per share. The company also revealed that it had sold 31.2 million iPhones in the quarter, compared with 26 million a year ago. Analysts following the world’s biggest tech company were looking for earnings per share of $7.28 for the June quarter, which…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.