Forbes: Apple set for Explosive Move!!!!!!!!!!!!!!!!!!!!!!
Apple Set For Explosive Move
Nigam Arora, Contributor
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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.