Long/Short Investments
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Long/Short Investments in L/S Equity: Valuation and Ideas,

​Apple (AAPL) Beats Estimates

Apple (AAPL) didn’t have a very high bar to clear with no recent iPhone release, but it did beat expectations. I estimated AAPL at $42.2M in revenue and 1.40 in EPS; it hit $42.358M and 1.42. Wall Street estimates were running at $41.8M-$41.9M and 1.39. AAPL is up 7% after-hours.

I had a sell order already in place and I expect it to trigger tomorrow morning.