Apple Quarter Earnings Expected Higher Than Forecasts

July 2009
Channel Insider;7/21/2009, p1
The article reports on the forecast from research company Bernstein Research on the third quarter (Q3) earnings of computer company Apple Inc. Bernstein says that Apple is expected to post better earning results during the Q3 compared to previous forecasts, and expects that Apple's earnings per share will be 1.24 dollars. Bernstein also says that factors including price cuts and higher cost of manufacturing are impacting Apple's earnings results during the quarter.


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