Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Light on revenue and 23 cent loss ex items versus expectations of 8 cent loss. Not going to move the entire market like Apple but not a positive. Stock is down about 7-8% in after hours on the initial reaction.
EDIT 4:27 PM – ok the damage has been curtailed a bit as AMZN is now only down ~3% as buyers step in.
EDIT 4:31 PM – Apple’s earning missed at $8.67 vs $8,75, revenue more or less in line at $35.97B vs 35.80B.
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