Originally Posted by RFHJr
Terrific earning and sales, candid conference call, stock down ... Time to back up the truck! Stock will be over $1000 this time, next year.
Actually the stock is handlng the miss much better than expected. The Market makers cant be more happy, everyone on the weekly will lose.
I sure hope we go above 800 next year but i see a lot headwinds. They just refresh everything, so sales are going to dry in spring. They could annonce something else maybe , or do a surprise refresh, we will see.
Another worry is margins. They are great, but lower margins means less EPS which means the stock may go nowhere for months. On the other hand, they may compensate with large volume and margin will improved in time.
I think its in Apple best interest to have unpredictable product updates to avoid sales stalling months in advance.