Source: machash.com --- Tuesday, January 31, 2017
Apple is scheduled to report its earnings results for the first quarter of the 2017 fiscal year at 1:30 p.m. Pacific Time today, revealing how much money it made between September 25 and December 31 of last year. The holiday shopping season typically makes this quarter Apple's most lucrative of the year. Apple benefitted from an extra week of sales in the quarter-14 versus the usual 13-due to a step it takes every 5 years or so to realign its September-ending fiscal quarter with the typical December-ending calendar quarter. Given it was partially the week of Christmas, the seven extra days . . . ...
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