Whisper Number Impact: Apple Earnings Expectations Show Strong Confidence
by WhisperNumber
As Apple's (AAPL) stock price continued to slide last quarter, earnings expectations showed confidence from investors that indicated the weakness was temporary. We stated in last quarter's earnings article that 'Apple loyalists are not giving up on the company as whisper numbers move away from restrained confidence and move towards strong confidence'. Even when the company reported earnings that topped expectations the stock continued seeing price weakness that started back in October 2012. We're seeing a similar situation this quarter - a strong whisper number expectation perhaps driven by Apple brand loyalty. read more »
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