Should you take a bite of Apple After there earnings report ? Buy,Hold or Sell Apple ( $ AAPL ) $15.68B in revenue ,blew out Est. earnings

rose 3.55% to $204.78 after hours ahead of its first-quarter of fiscal 2010 earnings. The company will report earnings today after the market close. As per the Zacks Consensus Estimate, Apple’s earnings are expected to increase 17% to $2.08 in the first quarter from $1.78 in the year-ago period.
Apple is widely recognized as a leading innovator in the personal computer and consumer electronics markets as well as a leader in the emerging market for the distribution of digital content. Apple is expected to introduce a new tablet device with a shipping date in March, which could drive the fortunes of the company.
Apple has experienced tremendous growth, driven by the success of its iPhone and increased Mac shipments. The company reported strong 2009 results with year-over-year increases in revenue and earnings of 12.5% and 17.4%, respectively, despite the recession. The fourth quarter results beat the Zacks Consensus Estimate and the company’s own guidance. Apple is currently benefiting from a positive mix shift to the higher-margin iPhone/iPod business from its traditional MP3 player.pple Inc. (Apple) designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers, and value-added resellers. In addition, the Company sells a variety of third-party Macintosh (Mac), iPhone and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and retail stores, and digital content and applications through the iTunes Store. Tablet is coming , so more $$ for Apple . Apple blew away EPS 3.6 ,Apple Revenue $15.68B Vs $12.1B.Apple is in the best poistion due to it's  itunes.. ipod 28 million sold in the 4th quarter , profit margin is better , also international sales are up ! Surge in Mac sales for the 4th Q.reported quarterly sales that easily beat analysts' expectations, and the company's shares were halted in late trading Monday.

The consumer electronics and computer maker said it earned $2.08 a share in its fiscal first quarter.

Apple earned $1.78 a share in the same period the year before, but it was not immediately clear of those numbers are comparable year over year.

AP

Sales jumped to $15.68 billion, up from $10.167 billion the prior year.

Apple was seen reporting sales of $12.065 billion, according to a consensus analyst estimate from Thomson Reuters.

Are you buying now ???