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Apple smashes earnings, as usual
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The following comments relate to this news article:

Apple smashes earnings, as usual

article published on 24 April, 2012

As they have done for the last few years with regularity, Apple has smashed their earnings expectations for the quarter. The company posted profit of $12.30 per share, up from $6.40 year-over-year. $12.30 per share equates to a profit of $11.6 billion. Revenue jumped 59 percent to $39.2 billion, up from almost $25 billion last year during the same period. Says one analyst of the ... [ read the full article ]

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molsen
Member
_ 		25. April 2012 @ 06:45 _ Link to this message    Send private message to this user   
It will be interesting this year, if Apple can squash the issues with alleged malware infection. I think as the story unfolds, Apple will be seen as behind the ball a bit and it might hurt their profits.
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hearme0
Senior Member
_ 		25. April 2012 @ 12:59 _ Link to this message    Send private message to this user   
Ummm.........news stated either late last week or early this week that Apple shares dropped like 10%. This article seems to be F.O.S. to some degree.

Shares dropped from 600 something to like 540+ (ballparking that figure).
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xnonsuchx
Senior Member
_ 		25. April 2012 @ 16:33 _ Link to this message    Send private message to this user   
Originally posted by hearme0:
 Ummm.........news stated either late last week or early this week that Apple shares dropped like 10%. This article seems to be F.O.S. to some degree.

Shares dropped from 600 something to like 540+ (ballparking that figure).

Stock fluctuations are normal (esp. when some random analysts are making wild predictions). Earnings reports can help or hurt stock prices (in this case, the stock rallied), but stock prices don't affect earnings.
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