Futures Seam To Be Holding Ground With Apple's Most Profitable Quarter Ever
Today, Futures seam to be holding ground as housing starts perform poorly at +0.5% to 590,000 against last month's 598,000. This has been due to unexpected rise in producer prices, fueled by Q3 earnings reports that continue to influence the market towards the north.
We are expecting Nasdaq to open quite high on the strength of Apple (AAPL): FQ4 EPS of $1.82, beating last years sales by $0.40. with sales of $9.87B vs. $9.2B. After selling 3.05M Macs, 10.2M iPods, and 7.4M iPhones during quarter.
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Posted-In: earnings reports Futures producer pricesETFs