Apple Earnings Forecast: Will The Stock Fall Further?
by Paul Zimbardo
It seems as if every quarterly financial release is the most important ever for Apple (AAPL) but this quarter is certainly unique. Apple's stock has declined 22% in the past three months and has dropped nearly fifty percent since its peak of $705. Apple is one of the worst performing stocks in 2013 and optimism for the company has seemingly vanished. Apple's highly anticipated second quarter fiscal 2013 earnings will be released Tuesday and I have lost count of how many times people have asked me what to do with the stock before earnings. Is it time to capitulate and sell before the stock declines further? Is it time to start buying shares now that we are trading at such historical lows? Read on to find out. read more »
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