Apple posts good earning adn their stock drops $2 as of 11:24AM...wth is that?
...or is this just the music store for pc coming out later?
This ALWAYS happens. There's a run-up leading to the announcement, then people drop their shares like there's no tomorrow. I cannot for the life of me figure out what was said yesterday that would warrant a $2+ dropoff, though. I hate investors. They're idiots.
I suspect that it's just profit taking because AAPL's been up a lot lately. But jeez, $2? That's an awful lot.
This ALWAYS happens. There's a run-up leading to the announcement, then people drop their shares like there's no tomorrow. I cannot for the life of me figure out what was said yesterday that would warrant a $2+ dropoff, though. I hate investors. They're idiots.
Anderson said the K-12, consumer and international markets were soft...that's what. I said it was going to happen. It doesn't help that during the conference calls, Anderson rarely ever gives the callers the data they want...
This ALWAYS happens. There's a run-up leading to the announcement, then people drop their shares like there's no tomorrow. I cannot for the life of me figure out what was said yesterday that would warrant a $2+ dropoff, though. I hate investors. They're idiots.
I think someone from Smith Barney had lowered their 2004 price targets for Apple based on concern over profit margins, which may have contributed to the price drop. Makes no sense at all.
"Revenues for the quarter were $1.715 billion, up 19 percent from the year-ago quarter
Up 19% year-over-year? That's a number you might expect to see from a pharmaceutical company, not a computer maker. Wow. That's phenomenal. Do the math, though, and it's almost all due to iPod sales. Steve's really hit on something brilliant here. I can't help but feel like Apple's music strategy from 2001-2005 is going to wind up in business textbooks one day.
Up 19% year-over-year? That's a number you might expect to see from a pharmaceutical company, not a computer maker. Wow. That's phenomenal. Do the math, though, and it's almost all due to iPod sales. Steve's really hit on something brilliant here. I can't help but feel like Apple's music strategy from 2001-2005 is going to wind up in business textbooks one day.
Well, that big year-over-year number is more because of the weakness of the Q4 last year than extraordinary Q4 this year. It's a nice improvement, but it doesn't exactly tell the story.
Comments
Originally posted by Amorph
The average sale price of an Apple - averaged across sales to wholesalers and also direct sales - is $360.
iPod avg. price was $360. That's what you meant, right?
...or is this just the music store for pc coming out later?
Originally posted by ast3r3x
Apple posts good earning adn their stock drops $2 as of 11:24AM...wth is that?
...or is this just the music store for pc coming out later?
This ALWAYS happens. There's a run-up leading to the announcement, then people drop their shares like there's no tomorrow. I cannot for the life of me figure out what was said yesterday that would warrant a $2+ dropoff, though. I hate investors. They're idiots.
I suspect that it's just profit taking because AAPL's been up a lot lately. But jeez, $2? That's an awful lot.
Originally posted by penseive
This ALWAYS happens. There's a run-up leading to the announcement, then people drop their shares like there's no tomorrow. I cannot for the life of me figure out what was said yesterday that would warrant a $2+ dropoff, though. I hate investors. They're idiots.
Anderson said the K-12, consumer and international markets were soft...that's what. I said it was going to happen. It doesn't help that during the conference calls, Anderson rarely ever gives the callers the data they want...
Originally posted by penseive
This ALWAYS happens. There's a run-up leading to the announcement, then people drop their shares like there's no tomorrow. I cannot for the life of me figure out what was said yesterday that would warrant a $2+ dropoff, though. I hate investors. They're idiots.
I think someone from Smith Barney had lowered their 2004 price targets for Apple based on concern over profit margins, which may have contributed to the price drop. Makes no sense at all.
"Revenues for the quarter were $1.715 billion, up 19 percent from the year-ago quarter
Up 19% year-over-year? That's a number you might expect to see from a pharmaceutical company, not a computer maker. Wow. That's phenomenal. Do the math, though, and it's almost all due to iPod sales. Steve's really hit on something brilliant here. I can't help but feel like Apple's music strategy from 2001-2005 is going to wind up in business textbooks one day.
Originally posted by Towel
Up 19% year-over-year? That's a number you might expect to see from a pharmaceutical company, not a computer maker. Wow. That's phenomenal. Do the math, though, and it's almost all due to iPod sales. Steve's really hit on something brilliant here. I can't help but feel like Apple's music strategy from 2001-2005 is going to wind up in business textbooks one day.
Well, that big year-over-year number is more because of the weakness of the Q4 last year than extraordinary Q4 this year. It's a nice improvement, but it doesn't exactly tell the story.