KQEH Nightly Business Report July 27, 2016
And today was one of the busiest days of all for profit reports led after the bell by apple. You also probably know that what the pros call earnings season is a game not of thrones but of expectations. Beat the wall street forecast and investors love you. Even your sales and profits are lower, maybe even far lower than they were a year ago. Well that is exactly what apple did and exactly what happened in early after market trading to day. Apple a stock you likely own in your mutual funds even if you dont own it directly blew past expectations. The Company Earned more than wall street reckoned....