NEW YORK - Apple the iconic corporation was in the news today for all the wrong reasons but they hope to put this passed them as they issue their first quarter results. Jim Cramer of Mad Money believes Apple will earn more than $6 a share or over $5.4 billion. Apple shares are down and up on the day. Investors are worried about the departure of jobs but very optimistic to see Apples strong earnings numbers. It is likely Jobs stepped down so close to the earnings release date so that he would not affect the stock price. As investors see Apple's earnings today they will feel comfortable in life after Jobs.
IBM or big blue will also report after the closing bell. The company is projected to post a 14% increase in fourth-quarter earnings to $4.08 a share.
To read the full Apple report click here.
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