Wednesday, October 18, 2006

After-Hours

EBAY reported results that beat on both the top and bottom-line. But guidance was a little light. Nonetheless, the stock seemed to hang in during late trading.

AAPL reported earnings that blew away estimates. The company offered conservative guidance for next quarter, but most investors already expected this, so the stock was up nicely after-hours.

AMD beat EPS estimates, but revenues were light and gross margins were lower. The stock was down over -10% after-hours.

GILD beat top and bottom line estimates, and all product lines looked strong. The stock finished about flat.

long AAPL, GILD

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