Apple did it. The company that headquertered in Cupertino this year succesfully "beats the street". For all of you who don't get what the idiom means, "beats the street" means that the company able to exceed analysts expectation in (referring to Wall Street). Apple succesfully increase their EPS (Earning per Share) from $3,51 in the year-earlier period to $ 7,71. It means they more than doubled it just by 3 months interval. Analysts "only" expect them to grow by about @5,85 where it seems they too much underestimated the Brilliant mind of Mighty JOBS. Thanks to that report, the stock close by about 0,82% rise in yesterday trading hours (19 July 2011).
It seems thanks to the launch of anticipated iPad 2 help Apple beat the street again consecutively for nine times straight this time. With just the launch of Mac OS Lion Tomorrow and not to say the launching of iOS5 and iCloud (and maybe iPhone 5), its not so hard to predict that Apple will "beat the street" again for 10 times straight. Of course its assume that Wall Street didn't set their expectation too much too avoid losing face.
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