Search Job Title Only
Treasury & Bonds
View Full List
Dow Jones Industrial Average
Standard & Poors 500
NYSE COMPOSITE INDX
Wyatt Investment Research Analysis
January 22, 2013 at 11:04 AM EST
Apple (AAPL) Headlines Busy Earnings Week
Johnson & Johnson (NYSE: JNJ) and Verizon (NYSE: VZ) kicked off a busy earnings week this morning. But the market is basically in wait-and-see mode until Apple (NASDAQ: AAPL) reports earnings after the market closes on Wednesday. Amid its longest slump in years , Apple could use a strong fourth-quarter earnings report to help get out of its four-month rut. At roughly $500 a share, the world’s largest stock has fallen nearly 30% since late September. My colleague Jason Cimpl thinks tomorrow’s earnings report could inject some much-needed life into Apple’s shares, and is imploring people to buy Apple before earnings . “The pathetic stock performance following the latest (iPhone) release was a fluke,” Jason wrote last week. “…(But) this will be the first full quarter of iPhone 5 sales data. Though the iPhone 5 launched September 21, Apple’s fourth quarter ended on September 30. “Apple can put investors’ fears to rest with big earnings this quarter. And I think they’ll do it.” Apple can only hope that it sees as much earnings as Johnson & Johnson reported this morning. JNJ’s fourth-quarter earnings of 91 cents per share was more than 11 times better than its 8-cents-a-share earnings during the same quarter a year ago. Strong sales growth in the healthcare company’s medical device unit was largely responsible for the jump. Verizon’s fourth quarter wasn’t nearly as impressive. Costs from Hurricane Sandy and charges related to a pension fund resulted in a $4.23 billion loss for the large cap communications company. That’s more than twice the loss the company suffered in the same quarter a year ago. Here are the rest of this week’s more noteworthy earnings, starting with today’s after-market reports: Tuesday Google (NASDAQ: GOOG) IBM (NYSE: IBM) Wednesday Apple McDonalds (NYSE: MCD) Netflix (NASDAQ: NFLX) Thursday AT&T (NYSE: T) Bristol-Myers Squibb (NYSE: BMY) Microsoft (NASDAQ: MSFT) Xerox (NYSE: XRX) Friday Procter & Gamble (NYSE: PG)
Read More >>
BRISTOL-MYERS SQUIBB CO.
INTERNATIONAL BUSINESS MACHINES
Johnson & Johnson
PROCTER & GAMBLE COMPANY
Stock Market XML and JSON Data API
provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays.
Stock Market Holiday List
By accessing this page, you agree to the following
Terms and Conditions
Press Release Service
provided by PRConnect.
Stock quotes supplied by Six Financial
Bots go here