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Canaccord Genuity on Apple, Microsoft, and Procter & Gamble
The following are excerpts from Canaccord Genuity analysts' commentaries. Apple (NASDAQ:AAPL): Crab… Apple after the close posted mixed fourth quarter results with revenue coming in slightly ahead of expectations while earnings missed the mark. Q4 EPS came in at $8.67 on revenue of $36 billion. The company sold 26.9 million iPhones in the quarter 58% more than the prior year and 14 million iPads a 26% increase. Sixty percent of sales came from international sources while gross margins contracted slightly to 40.0%. Looking ahead management forecast Q1 earnings at about $11.75 per share of revenue of $52 billion versus ...
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