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Tuesday, 07/19/2011 4:50:15 PM

Tuesday, July 19, 2011 4:50:15 PM

Post# of 147221
Apple FYQ3 Blows Away Estimates; Rev $28.6B, EPS $7.79

Apple Shares Halted Ahead Of FYQ3 Report

By Tiernan Ray

Apple (AAPL) this afternoon reported fiscal Q3 revenue and earnings per share well ahead of expectations.

Apple revenue in the June-ended quarter rose to $28.6 billion, yielding earnings per share of 7.79 per share.

Analysts on average were expecting $25 billion in revenue and $5.85 in EPS.

For fiscal Q4, Apple sees revenue of $25 billion and EPS of $5.50, below the consensus $27.7 billion annd $6.42.
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