Earnings Coverage - Apple

LONDON, July 29, 2014 /PRNewswire/ --

Investor-Edge.com has issued complimentary earnings coverage on Apple Inc. (NASDAQ: AAPL). The company was featured in the headlines on Tuesday, July 22, 2014, for reporting a 20% year-over-year surge in earnings per share (EPS) and record revenue during the third quarter of 2014. Our free coverage report can be accessed at:

http://www.investor-edge.com/register

Earnings Overview  

Apple Inc.'s reported a 6% year-over-year growth in total sales during the third quarter of 2014. The net sales form Greater China region surged 28% year-over-year to $5.94 billion from $4.64 billion in the year-ago quarter. During the quarter, international sales accounted for 59% of total Apple's revenue. The iPhone maker's gross margin improved to 39.4% from 36.9% in the comparable prior year quarter. The company generated $10.3 billion in cash flow from operations and returned over $8 billion in cash to shareholders through dividends and share repurchases during the June ending quarter. The free research on AAPL can be downloaded as in PDF format at:

http://www.Investor-Edge.com/AAPLFreeReport

Tim Cook, Apple Inc.'s Chief Executive Officer stated in a recent press release that the company has been able to post the highest EPS growth rate in the last seven quarters due to strong sales of iPhone and Mac and the continued growth of revenue from the Apple ecosystem. The Chief Executive Officer also expressed his excitement about the upcoming releases of iOS 8 and OS X Yosemite, as well as other new products and services.

The global smartphone maker reported quarterly revenue of $37.4 billion compared with $35.3 billion in the year-ago quarter. The Cupertino, California-based company's net profit of $7.7 billion, or $1.28 per diluted share, overshadowed net profit of $6.9 billion, or $1.07 per diluted share, reported in the year-ago quarter. Bloomberg analysts were expecting a net income of $7.51 billion, or $1.23 per share on revenue of $37.93 billion. Apple's board of directors also declared a quarterly cash dividend of $0.47 a share, payable on August 14, 2014 to shareholders of record as of the close of business on August 11, 2014. Sign up and read the free analyst's notes on AAPL at:

http://www.Investor-Edge.com/AAPL-29072014

Stock Performance  

On Wednesday, July 23, 2014, a day after the earnings release, Apple Inc.'s shares gained 2.61% to close the session at $97.19. On Monday, July 28, 2014, Apple Inc.'s stock advanced 1.38% to end the day at $99.02, hitting a new 52-week high of $99.24. The company's shares vacillated between $97.55 and $99.24 during the trading session. A total of 55.20 million shares were traded, which was below its three months average volume of 61.75 million shares. Over the last one month and over the previous three months, Apple Inc.'s shares have advanced 7.65% and 16.67%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 23.55%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $92.11 is greater than its 200-day moving average of $80.68. Apple Inc.'s stock traded at a PE ratio of 15.99 and has a Relative Strength Index (RSI) of 66.85. Visit Investor-Edge and access the latest research on AAPL at:

http://www.Investor-Edge.com/AAPLEarningsCoverage

Sneak Peek to Corporate Insider Trading  

In the last one month, Apple Inc. has reported three share transactions by an insider to the U.S. Securities and Exchange Commission (SEC). On July 23, 2014, Dan Riccio, Senior Vice President of the Company has sold 4,291 Apple shares worth $417,583.00 at an average price of $97.32 a share. Complimentary in-depth research on AAPL is available at:

http://www.Investor-Edge.com/AAPLInsiderTrading

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED