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Apple Short of Expectation. March Quarter EPS at Mid-point of Guidance is $9.75.
Posted on January 23, 2013 at 17:21 PM EST
Apple reported $54.5 billion in revenue, up 18% year over year, and 25% when adjusting for 14 weeks in the December 2011 quarter vs. 13 weeks in the past quarter. This compares to guidance of $52 billion, the Street’s estimate of $54.7 billion and my projection of $57 billion.
Apple reported $54.5 billion in revenue, up 18% year over year, and 25% when adjusting for 14 weeks in the December 2011 quarter vs. 13 weeks in the past quarter.   This compares to guidance of $52 billion, the Street’s estimate of $54.7 billion and my projection of $57 billion.
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