Apple Earnings Fall yet the Stock Pops. What Gives?

Chinks are starting to appear in Apple, as quarterly earnings were generally unimpressive. When Apple reports a quarter like this, the stark contrast between the visionary Steve Jobs and game–manager Tim Cook becomes readily apparent. Sad, Sad Numbers Product revenues for the quarter were $42.35 billion, which is an incredible number on an absolute basis. […]

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Tech Analyst’s Crazy $350 Apple Stock Prediction Is Dead Wrong

By CCN: Even prior to Apple delivering strong earnings that beat estimates, tech stock analyst Gene Munster said that Apple would rise 70% over the next two years. With today’s earnings announcement from Apple, it may initially appear that he’s right. Munster told CNBC: “There’s meaningful upside to the Apple story. I suspect that this […]

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