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  • rciauri2001 rciauri2001 Jul 23, 2012 6:00 PM Flag

    Forbes: Apple set for Explosive Move!!!!!!!!!!!!!!!!!!!!!!

    Apple Set For Explosive Move

    Nigam Arora, Contributor

    + Comment now

    Image via CrunchBase

    Apple (AAPL) stock is setting up for an explosive move after the earnings release tomorrow.

    Apple will release earnings on Tuesday after the market close. The consensus estimate is $10.35 for earnings and $37.23 billion for revenues.

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    There is a big variance between the estimates by analysts for the past quarter and also in projections for the current quarter.

    The low estimate for earnings for the past quarter is $9.45 and the high estimate for the past quarter is $12.51; the low estimate for revenues is $34.54 billion and the high estimate is $41.73 billion.

    The low estimate for earnings for current quarter is $9.18 and the high estimate is $12.53; the low estimate of revenues for current quarter is $34.18 billion and the high estimate is $44.15 billion.

    As usual, the breakdown by

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