Tuesday, April 24, 2012

Happy Apple Earnings Report Day

Futures are in the green, but Apple is not. People are still skeptical about Verizon's iPhone sales, and the price still doesn't seem to be factored in yet.

EPS estimate is 10.06 vs 7.05 last year, a low bar of an estimate in my opinion. However, guidance is key.

In other news, it's a good time to take a vacay to India. 1 USD = 52.76 INR

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