Apple posted a great result for Q1-2014
- revenue between $63.5 billion and $66.5 billion, Est. $63.5 billion
- gross margin between 37.5 percent and 38.5 percent, Est. 38%.
- operating expenses between $5.4 billion and $5.5 billion
- other income/(expense) of $325 million
- tax rate of 26.5 percen
Interesting fact ….the buyback this year have been over USD 45 billion (double the over USD22 billion in 2013) which helped to recover from the start of the year stock price slump (and part of thereal causes of the great rally of 2014 – highest buyback level since 2007 till June 2014 ).
Interesting the short-term market investment (so shares) were USD24.8 billion the 30 June 2014 and USD11.2 billion the 1 September, lowest since 2008 pre Lehman.
Who says market timing cannot be achieved?
investorpolitico 