NEW YORK (CNNMoney) -- If there were a quote that best describes the nature of the earnings season so far, it would be, "The obvious rarely happens. The unexpected constantly occurs."
Apple is a prime example. Up until yesterday, the tech giant had an impeccable 10-year record of consecutive earnings surprises.
CEO Tim Cook attributed the weakness to the expected introduction of iPhone 4S and reaffirmed strong guidance for the rest of the year.
On the other side of the surprise spectrum is Intel (Fortune 500), which reported better than expected earnings and sales. The chipmaker managed to overcome the slowing growth of PC sales in North America and Europe by boosting profits in Asia.,
Yahoo (Fortune 500) is also garnering attention after beating the earnings-per-share consensus estimates, despite declining revenues.,
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|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.01%||4.03%|
|15 yr fixed||3.12%||2.97%|
|30 yr refi||4.04%||4.09%|
|15 yr refi||3.15%||3.05%|
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