Wow I'm surprised how Mac sales dropped considering the introduction of the retina Macbooks and new iMacs.
You need to learn to read the news. Nobody expected a loss for Apple in Q4. Most expected poor quarter and this is exactly what happened. AAPL is $490 (-$24) right now in after hours. The profits were essentially flat compared to year ago reflecting shrinking profit margins. Expect APPL to continue going down from here.
Death Knell for Apple CPU products, or business as usual nowadays in a highly diversified company with significant lock-in on several market verticals?
compared to 13.06 billion profit last year same time
if you really think best buy and other retailers are taking a hit on the iphone discounts you are naive
Anyone more knowledgeable in the stock market have a reasonable explanation as to why APPL is down 5% after the news?
And AAPL is down 4.5% after hours. I really just don't get it. Is guidance low for Q2?
This is the basic issue.SAN FRANCISCO (Reuters) - Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below analyst targets, sending its shares down more than 4 percent.
Check the price of retina and availability of new iMacs...Wow I'm surprised how Mac sales dropped considering the introduction of the retina Macbooks and new iMacs.
PCs are being eaten by Mobile, like you say, Apple not immune either.PC sales are dropping across the board. Apple is prepared with the iOS products, Microsoft on the other hand is playing catch-up.
You need to learn to read the news. Nobody expected a loss for Apple in Q4. Most expected poor quarter and this is exactly what happened. AAPL is $490 (-$24) right now in after hours. The profits were essentially flat compared to year ago reflecting shrinking profit margins. Expect APPL to continue going down from here.
Anyone more knowledgeable in the stock market have a reasonable explanation as to why APPL is down 5% after the news?
It's easy. It's because they missed analysts expectations. Despite of what many Apple fans say here about market analysts, market analysts expectations is what setting share prices. You miss them, it means you miss the target set by stock market. This leads to stock price adjustments.
Anyone more knowledgeable in the stock market have a reasonable explanation as to why APPL is down 5% after the news?
Anyone more knowledgeable in the stock market have a reasonable explanation as to why APPL is down 5% after the news?
Anyone more knowledgeable in the stock market have a reasonable explanation as to why APPL is down 5% after the news?
Wow I'm surprised how Mac sales dropped considering the introduction of the retina Macbooks and new iMacs.