The lead story and EPS avg that every subsequent story cited was Bloomberg's internal consensus of 1.24. If any of you had been reading AppleInsider today, the most generous EPS estimate available today or late yesterday was 1.20 (by the Bull Cross, not a juggernaut player, contributor from today). The most generous from the older school of Apple analysts was 1.10 (Shaw Wu)
What was the figure they supposedly didn't meet with 1.19? 1.24
When were all the search results relevant to the google query "apple 1.24 eps" published? After today's report.
It's diving because media 'agrees' it did not make the mark even though that number didn't exist prior. (As far as I can see - please link something to prove me wrong so I don't feel so depressed about capitalism)
They'll recover, but it's so ridiculously easy to short them if such things are fabricated.