Transcripts for CNN EarlyStart 20131029 09:24:00 : vimarsana

Transcripts for CNN EarlyStart 20131029 09:24:00

company is apple and something for people not to like is its latest earnings report. look at that after hours dip. the mixed feelings could be seen after the close with apple saying and rebounding when the cfo said on the conference call that margins would have been better if not for an accounting change. stock down just a little bit. we will watch this and see what happens when the opening bell rings this morning. the upbeat takeaway from the earnings ipo sales were up sharply thanks to the new models last month. cook expects a strong holiday season and apple sold more than 34 million iphones in the fourth quarter. revenues rose 17% from a year ago. it was more than half of apple's quarterly sales but the average price of an iphone declined 6.6% from a year ago. mac sails showed a 7% decline from a year ago.

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