Earnings Scorecard: A Closer Look At Apple Inc. – Forbes

The Apple logo at the entrance to the Fifth Ave. Apple store September 14, 2016 in New York. (EMMERT/AFP/Getty Images)

Apple Inc. ($AAPL) gapped up after reporting earnings on Tuesday, January 31, 2017. This leading stock has come back to life in recent months and continues to flirt with new record highs. In the short term, the stock is clearly extended and due to pullback a bit to digest its recent rally. Here is a closer look at the company’s earnings.

Earnings Scorecard:

In Q4 2016, Apple earned $3.36 per share on revenue of $78.4 billion. The Street’s estimate was $3.22 per share on revenue of $77 billion. The Whisper number was $3.23/share. Apple continues to fire on all cylinders.

Company Profile & Various Businesses:

Here is a short company profile and description of the various businesses courtesy of my friends at Thomson Reuters Eikon:

Apple Inc., incorporated on January 3, 1977, designs, manufactures and markets mobile communication and media devices, personal computers and portable digital music players. The Company sells a range of related software, services, accessories, networking solutions and third-party digital content and applications. The Company’s segments include the Americas, Europe, Greater China, Japan and Rest of Asia Pacific. The Americas segment includes both North and South America. The Europe segment includes European countries, India, the Middle East and Africa. The Greater China segment includes China, Hong Kong and Taiwan. The Rest of Asia Pacific segment includes Australia and the Asian countries not included in the Company’s other operating segments. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.

Competition:

Apple competes with Microsoft, Samsung, Sony, HP, IBM, Cisco, Nokia, Motorola, Alphabet, among others.

Pay Attention To How The Stock Reacts To The News:

From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.

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