More Strong Earnings from Apple

Apple (AAPL) reported good earnings yesterday. The company sold 11 million iPods last quarter while analysts were expecting 10 million. The company earned $1.33 a share, 24 cents more than consensus. For this quarter, Apple sees EPS coming in between 95 cents and $1, though Apple is notorious for setting very low guidance.

I rate Apple a “B – Buy.”

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