EFTA01017959.pdf

From: Richard Kahn To: Jeffrey Epstein <[email protected]> Subject: Apple earnings - stock 212.95 at 450pm in aftermarkets... Date: Thu, 01 Nov 2018 20:50:17 +0000 Shares of Apple Inc. AAPL -4.02% were down 5.1% in after-hours trading Thursday after the smartphone manufacturer reported better-than-expected results for its fiscal fourth quarter but delivered a disappointing revenue outlook for the current quarter. Net income rose to $14.1 billion, or $2.91 a share, up from $10.7 billion, or $2.07 a share, a year earlier. Analysts surveyed by FactSet were expecting earnings per share of $2.78 for the quarter. Apple posted revenue of $62.9 billion, up from $52.58 billion in the year-earlier quarter. The FactSet consensus called for $61.46 billion. The company sold 46.9 million iPhones in the quarter and generated $37.2 billion in revenue from this segment, whereas analysts were calling for 47 million units sold and $35.6 billion in iPhone revenue. For the December quarter, Apple expects revenue of $89 billion to $93 billion. Analysts had been projecting $92.9 billion in sales for the holiday period. Apple shares have gained 32% over the past 12 months, while the Dow Jones Industrial Average DJIA, +1.06% of which Apple is a compo Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York NY 10022 tel fax cel EFTA01017959