Q2 2013 Earnings Season

Apple Earnings Results

Nothing compares to the excitement preceding earnings results by the most innovative tech company, Apple (AAPL). The biggest company by Market cap, and also one of the most widely followed stocks, Apple Inc. announced its earnings yesterday evening for the quarter ending June 30th 2013. The good news was, the sales of iPhones saw a 20% increase to 31.2 million units; however, the sales of iPads and Macs fell by 14% and 5% respectively. The revenues remained stagnant on a YoY basis. The earnings per share of $7.47 was just above the estimate of $7.31. Probably the investors feel that the results are not as bad as analysts had predicted it to be; Apple stock is trading 4% up in pre-market trading.

Apple EPS chart
Source: Apple EPS chart by Amigobulls

After paying our due respects to Apple, we now move on to our daily internet roundup.

Zix order book looks good but earnings remain a concern

Yahoo Doesn’t seem to recover from its downfall yet

Baidu’s Pre-Market sentiment isn’t too exciting

Shanda games Booming due to the boom in the Chinese gaming industry

Google buys stake in Himax technologies

Upcoming Tech Stock Earnings

Akamai (AKAM), Angie’s List (ANGI), Baidu (BIDU), Equinix (EQIX), and Facebook (FB).

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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