Live: Apple’s Q4 2013 earnings report and conference call – Apple 2.0 -Fortune Tech.
Apple beats across the board, guides somewhat weak. Stock down 3%. Then this comes in the earnings call:
Oppenheimer: If it weren’t for $900 million deferrals, the GM guidance would have been higher.
Gene Munster: So 38.5% GM midpoint if it weren’t for deferral? Yes.
Wall St gets its magic number, and then some, and everything is good again.
Bravo Apple, esti pe drumul cel bun.