01-27-2014, 04:58 PM
I'll tell you what, being an Apple cultist isn't for the faint hearted.
Amazon announces another quarter of zero or negative profit? The stock shoots up another 10%!
Apple announces rev and EPS beating expectations (by 45 cents in the case of EPS), all time record of iPhones (51 million vs 47.8 last year), all time record of iPads (26 million vs 22.9 last year), 17% growth YoY in mac sales, and...the stock is down almost 6% after hours. Why? Because analysts had decided that the iPhone number should have been 55 million.
This happens every time, I should just learn to short before earnings.
Amazon announces another quarter of zero or negative profit? The stock shoots up another 10%!
Apple announces rev and EPS beating expectations (by 45 cents in the case of EPS), all time record of iPhones (51 million vs 47.8 last year), all time record of iPads (26 million vs 22.9 last year), 17% growth YoY in mac sales, and...the stock is down almost 6% after hours. Why? Because analysts had decided that the iPhone number should have been 55 million.
This happens every time, I should just learn to short before earnings.
Ex SWG, L2, CoH, Wow, and War
Currently PvPing in the stock market
Currently PvPing in the stock market