Saturday, March 16, 2013

AAPL: Apple: Do You Hear The Crickets?

Apple: Do You Hear The Crickets?
by Bill Maurer

It's been a tremendous fall for shares of one of the world's greatest companies. Apple (AAPL), which was destined to be a $1,000 stock in many minds (not mine), has fallen from its $705 high to $443.66 at Friday's close. There are many reasons thrown out there, including poor margins, Mac production delays, terrible guidance, the iPad mini - just to name a few. I've even blamed the calendar for part of the fall, as an extra week threw off quarterly comparisons. Also, Apple launched the iPhone 5 a few calendar weeks earlier than the 4S, which shifted revenues from certain quarters to others. read more »

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