Shesa's Investment Blog

Apple reported explosive earnings for Q1FY15 (DEC 2014 Quarter) Apple reported its first quarter earnings for FY15 and it simply crushed all Wall Street estimates. The stock was up about 6% in after hour trading. Key Earnings Highlights Revenue: $74.6 billion , up 29.5% year over year, which blew past Street’s estimate of $67.7 billion. Without the currency head wind Revenue could have been $77.6 billion EPS: EPS came to $3.06 , which was significantly higher than the Street’s estimate of $2.60, a growth of 48 percent over last year. iPhone Sales : It sold 74.5 million iPhones last quarter and generated $51.182 billion in Revenue. This represents 68.6% of the total revenue of $74.6 billion Revenue guidance for next quarter: It guided  $52 to $55 billon  for next quarter after considering 5% currency impact. It's in-line with Analyst estimate of $53 - $55 billion Dividend:  It declared a dividend of 47 cents to be paid on February 12, 201...

                        11 January 2015 JANUARY 2015 Investment Blog Shesa Nayak    U.S. Stock Market Commentary Hello and Welcome to my January 2015 investment blog. The DOW Jones Industrial Average closed last Friday at 17737.37 , S&P 500 closed at  2044.81 and NASDAQ closed at 7404.07 points . Last week was the 1 st full trading week of the year and what a roller coaster ride it was! On Monday and Tuesday the stock market went down like a rock and then bounced back sharply, again came back lower on Friday. Last Thursday the job report revealed that U.S. businesses added 241,000 new jobs in December, above economists' expectations of 226,000. As a matter of fact, the stock market zoomed more than 1.8% and DOW gained 323 points on that day. Jobless claim declined another 4,000 to 294,000. Unemployment rate came down to 5.6% from 5.8%. ...