Apple reported earnings after the close. It appears they beat on the bottom line but missed on revenue (via MarketWatch):
Apple Inc. posted flat earnings for its first fiscal quarter on Wednesday afternoon, slightly beating Wall Street’s expectations despite a revenue line that was a little weaker than expected.
Apple is part of our Global Opportunities portfolio (and has been for several years). We’ll go through the report but the stock is down in after hours trading so the traders are obviously disappointed.
For information on Alhambra Investment Partners’ money management services and global portfolio approach to capital preservation, Joe Calhoun can be reached at: jyc3@alhambrapartners.com or 
786-249-3773.
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