Apple beats estimates but is down 10% after-hours...what's the deal!?
Answers
372 points
chidog47 answered one year ago …
Apple not only gave a weak outlook but they have a tradition of "beating expectations" by always downplaying their outlook. iPhones are selling out. Macs are creeping into more and more homes. They will probably have a "surprise" boost in iTunes sales because of the applications on all iPhones that are available. I say "suprise" because you can just see it coming. Steve Jobs is going to come out at the next shareholders meeting / convention touting how they did well "Again" but much to their surprise. These are just my observations.
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300 points
CG answered one year ago …
My predictions of a month ago still stand : http://www.tickerhound.com/questions/detail/200806a7df55e/what-do-you-thin k-of-apple-aapl-now
Overvalued gadget company, doomed to tank hard and fast along with the general markets in my opinion.
http://www.tickerhound.com/questions/detail/2008066a3eaaa/will-apple-aapl- pass-200-on-monday
I doubt it'll pass $200 in the next few years, if ever again. Great short, IMO, along with GOOG (which I've been short for a few weeks now).
