Another Apple Article: They Missed
Yes, yet another article about Apple Inc (AAPL). The company missed on earnings today (Jan 23rd) and its shares are down after-hours. Apple shares are falling 5% in after-hours trading.
The richest corporation on the planet earth missed the Street by $220 million for Q1. That really doesn't sound that bad when Apple Inc. raked in $54.5 billion in revenue. Apple expects its forward Q2 to be between $41 to $43 billion, $2 billion shy of what the Street wanted.
Expect to hear all about it and read a million articles about Apple tomorrow. As I type Apple Inc (AAPL) shares are at $485 and down almost 5%.
They still sold a ton of iShit, including the following in Q1:
- 47.8 million iPhones
- 22.9 million iPads
- 4.1 million Macs
- 12.7 million iPods
If Apple shares continue to tank they will provide a great entry point for bystander investors.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Veteran S&P Futures Trader: "I Am 100% Confident That Central Banks Are Buying S&P Futures" | ZeroHedge
- The Best And Worst Performing Assets During Thanksgiving Week | ZeroHedge
- Proof That Golf And Economics Don't Mix | ZeroHedge
- As the ‘Sanctions War’ Heats Up, Will Putin Play His Gold Card? | Financial Sense
- Central Bankers, Fear And Other Bad Counselors | ZeroHedge
- Great Graphic: Shifting Center of World Economy | Financial Sense
- On Obama and the Nature of Failed Presidencies | Financial Sense
The most relevant financial news and articles from the Internets
- Three Ways Obama's Immigration Plan Could Be Good for Economy | TheStreet.com
- REVEALED: The Top Demographic Trends For Every Major Social Network | Business Insider
- Retire in Toledo? 12 Surprising Places That Best Serve Older Americans | TheStreet.com
- Don't Say Warren Buffett and Robert Shiller Didn't Warn You | TheStreet.com
- The 10 Most Important Things In The World Right Now | Business Insider
- Bahrain election overshadowed by opposition boycott | Business Insider
- Legendary Investor Ben Horowitz On How To Handle Raises And Demotions... | Business Insider