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Tuesday, July 21, 2009

Apple Q3 Earnings Preview NASDAQ:AAPL

Apple Inc. NASDAQ:AAPL will report Q3 earnings after the bell Tuesday July 21, 2009. Apple is currently trading down near 152 a share. Watch the stock in the final hour of trade, as it usually gains steam into close, as speculators jump in before earnings. Wall Street expectations for Apple are high as always.
  • Consensus estimate is net income of $1.17 per share 2 cents ($.02) lower than Q3 2008
  • Range of $1.02 to $1.31 per share
  • Revenue estimates are $8.2 Billion $700 million more than Q3 2008
See three option strategies which are dependent on volatility from Apples earnings here.

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