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Apple Inc (AAPL) Earnings Preview: Will Tech Giant Beat Estimates In Fourth Quarter?

2013-10-28 22 Dailymotion

<p>Keith Bliss, senior vice president and director of sales & marketing at Cuttone & Co., Inc. weighs in on Apple Inc.&#39;s (AAPL) fiscal fourth quarter earnings released after the closing bell on Monday.</p><p>Apple Inc. (NASDAQ: AAPL) is expected to report fiscal fourth quarter earnings of $7.93 per share on revenue of $36.8 billion, compared with earnings of $8.67 per share on revenue of $36 billion in the same year-ago period, according to Reuters. Wall Street expects the tech giant to post sales of 33 million to 36 million iPhones in the quarter that ended in September. </p><p>On Monday, shares of Apple edged up 0.53 percent to $528.75 in afternoon trading. </p>

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