Apple (AAPL) Earnings 4/23/13 April 23, 2013

Apple (AAPL) Earnings 4/23/13 April 23, 2013

Apple (AAPL) stock is testing $400 as the company prepares to release earnings on Tuesday.  Expectations have never been lower so expect the stock to be very volatile.  AAPL recently broke $419 support which took the stock all the way down to $385 on Friday.  Below are the up to date earnings estimates.  If Apple even comes close to these estimates, expect the stock to pop.  If not, $350-$370 will end up being the bottom.

EPS Estimate - $10.07 per share

Revenue Estimate - $42.49 Billion

Expect their cash hoard to rise to over $140 Billion

http://investor.apple.com/results.cfm