Buying Opportunity: Apple Will Miss Fourth Quarter Earnings Expectations
by Kofi Bofah
On October 25, Apple (AAPL) will lead a conference call to present financial results for its fourth fiscal quarter. By chronological definition, this Q4 2012 report will also lead into analysis for Apple's prior fiscal year, in its entirety. For Apple, the iPhone remains the centerpiece of a horizontally integrated consumer electronics ecosystem. Last month, on September 21, the iPhone 5 launched amid the media hype, winding storefront queues, and a nightclub atmosphere that have become standard procedure at Apple. With the smoke clearing, Apple reported first weekend sales of more than 5 million iPhone 5 units. read more »
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