At first glance, Apple’s ( AAPL ) guidance for the all-important holiday season was a little weaker-than-expected, as the company guided gross margins to be between 36.5% and 37.5%. Upon further inspection, there’s more than meets the eye.
Apple Inc ( AAPL ) reported earnings of $8.26 per share for the fourth quarter of fiscal 2013, comprehensively beating the Zacks Consensus Estimate by approximately 38 cents (4.8%).
Gone are the days when Apple ( AAPL ) would report new quarterly earnings and smash expectations like so many pumpkins on doorstoops during Halloween. The iBehemoth brought in $8.26 per share on sales of $37.5 billion