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 Apple Dazzles Wall Street with Latest Quarterly Earnings

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Apple Dazzles Wall Street with Latest Quarterly Earnings Empty
PostSubject: Apple Dazzles Wall Street with Latest Quarterly Earnings   Apple Dazzles Wall Street with Latest Quarterly Earnings Icon_minitimeThu Apr 24, 2014 7:08 pm

Apple Dazzles Wall Street with Latest Quarterly Earnings Apple%20money

Apple on Wednesday afternoon posted quarterly earnings and revenue that mostly blew away analyst estimates while simultaneously surprising some with the announcement of a 7-for-1 stock split.

The impact on shares isn't yet clear as shares were temporarily halted following the published earnings.

All told, Apple posted earnings of $11.62 a share on impressive revenue of $45.6 billion. Analysts expected earnings of $10.18 a share on $43.53 billion in revenue. Through it all, Apple added a hefty sum of cash ($13.5 billion) to its stockpile in the last quarterApple Dazzles Wall Street with Latest Quarterly Earnings Qno03MmWKgI

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Apple Dazzles Wall Street with Latest Quarterly Earnings

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