Just released. Nice to finally see a rally after an earnings release though the revenue guide down was horrendous.
Apple is providing the following guidance for its fiscal 2013 third quarter:
- revenue between $33.5 billion and $35.5 billion
- gross margin between 36 percent and 37 percent
- operating expenses between $3.85 billion and $3.95 billion
- other income/(expense) of $300 million
- tax rate of 26%
Just like the huge European equity ramp on the “it’s priced, can’t get any worse, and more liquidity coming” trade.
Click table to enlarge.
(click here if table is not observable)