Apple Inc. (NASDAQ: AAPL) - Earnings Headlines

AAPL was halted ahead of earnings so you might be wondering what's going on. After the initial wild swings price is sort of edging above $141.00

Here are the headlines:

Apple beats by $0.20; guides Q4 below consensus; sold 270k iPhones - Stock is halted (137.26 +1.76) : Reports Q3 (Jun) earnings of $0.92 per share, $0.20 better than the Reuters Estimates consensus of $0.72; revenues rose 23.8% year/year to $5.41 bln vs the $5.29 bln consensus. Co issues downside guidance for Q4, sees EPS of $0.65 vs. $0.82 consensus; sees Q4 revs of $5.7 bln vs. $6.03 bln consensus. AAPL reports Q3 iPod shipments of 9.815 mln vs roughly 10 mln street expectation; reports Mac shipments of 1.76 mln vs 1.7 mln street expectation; reports gross margin 36.9% vs roughly 32.7% street expectation. Apple sold 270k iPhone in the last couple days of Q3. Steve Jobs said, "iPhone is off to a great start -- we hope to sell our one- millionth iPhone by the end of its first full quarter of sales -- and our new product pipeline is very strong."