Whoa -- the reaction to Apple's finances actually makes sen...

Discussion in 'MacBytes.com News Discussion' started by MacBytes, Apr 20, 2006.

  1. macrumors bot

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    #1
  2. macrumors 603

    gauchogolfer

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    #2
    I'd say it's a sad state of affairs on Wall Street when a reasonable reaction to financial results elicits congratulations. "Hey, you didn't overreact and cause a panic selloff in stocks, congratulations!" Give 'em a medal. :D
     
  3. macrumors 6502a

    TheMasin9

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    Huber Heights, OH
  4. macrumors 68040

    killmoms

    Joined:
    Jun 23, 2003
    Location:
    Washington, DC
    #4
    This is especially funny as the front page of As The Apple Turns (which hasn't changed since the Q3 2005 Apple earnings report) was ballyhooing Wall Street's reaction to THAT quarter, when the stock did dive after an above expectations report. So we really should be amazed that Wall Street actually reacted in a sane fashion to this news.
     
  5. macrumors P6

    IJ Reilly

    Joined:
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    #5
    The real reason is, the stock is already discounted 20% against this news.
     

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