Stocks to Watch: Apple, Amazon, P&G
NEW YORK -- Apple (AAPL), the iPad, iPhone and iPod maker, is expected by analysts Thursday to post fiscal fourth-quarter earnings of $8.82 cents a share on revenue of $35.8 billion.
Apple issues its report after Thursday's closing bell.
Apple capped off an incredible 2012 by announcing a slew of new products on Tuesday, including the long-awaited iPad Mini.
Apple iPad Mini Event: 3 Most Important Takeaways
Amazon.com (AMZN), the Internet retailer, is seen posting a third-quarter loss of 7 cents a share, a reversal from year-earlier profit of 14 cents a share. Apple Vs. Amazon: Don't Call It a Price War
Procter & Gamble (PG), the consumer-products giant, is expected by analysts Thursday to post fiscal first-quarter profit of 96 cents a share on revenue of $20.78 billion.
Sprint Nextel (S) is seen reporting a third-quarter loss of 43 cents a share on revenue of $8.81 billion. Sprint announced its merger with Japanese telecom giant Softbank earlier this month.
Zynga (ZNGA), the social gaming company, posted stronger-than-expected revenue for the third quarter on Wednesday and said it reached a deal to offer online poker and casino games, played with real money, in the U.K. Call the Cops, Mark Zuckerberg Just Killed Zynga
Symantec (SYMC) skipped past Wall Street's second-quarter estimates, posting revenue of $1.7 billion, an increase of 1% from a year earlier, or a 5% hike adjusted for the effects of currency. Analysts were looking for sales of $1.66 billion. Excluding items, Symantec, the security software specialist, earned 45 cents a share, up from 39 cents a share in the year-earlier quarter, and comfortably above analysts' forecast of 38 cents a share. Symantec Surges on Earnings Beat
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.
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