Apple Investors Are Missing The Big Picture
by Forward Looking Guru
Tuesday, Apple released earnings, and as I predicted in my article:Quit Whining About Tim Cook, Tim Cook had a few words of wisdom about the rumors that have prompted Apple's 40 percent decline, and was prepared with a positive surprise, a $50 billion buyback coupled with words of confidence about Apple's future. Although Apple (AAPL) did beat analysts expectations, and had a "big" positive surprise up its sleeve, its stock fell immediately following the "small" negative statement "hinting new products would not be coming until the fall. (August - September) read more »
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