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Apple Q1 Earning up 50%
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Registered User
Join Date: Apr 2001
Location: The Intertube
Status:
Offline
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Clinically Insane
Join Date: Oct 2000
Location: Los Angeles
Status:
Offline
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Nice. Didn't do much for AAPL in AH trading, though.
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"The natural progress of things is for liberty to yield and government to gain ground." TJ
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
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Originally Posted by Big Mac 
Nice. Didn't do much for AAPL in AH trading, though.
The opposite. It's dropping like a rock.
Currently down 2%
-t
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Posting Junkie
Join Date: Oct 2005
Location: Houston, TX
Status:
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Clinically Insane
Join Date: Jun 2001
Location: planning a comeback !
Status:
Offline
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The trading range is quite big, between $199 -2%) and $207 (+2%). Volumes quite high, actually.
-t
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Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
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That's why AAPL scares me these days.
Apple sandbags so much that everyone expects it to blow away previous guidance by enormous numbers. Furthermore, even when it blows away analysts' expectations too, it can drop. <Insert diety here> forbid that Apple actually just meets expectations in 2010.
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Mac Elite
Join Date: Jan 2002
Location: Kill Devil Hills, NC
Status:
Offline
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I kinda wonder about the "one more thing..." at tomorrow's event. With Apple coming off one of its strongest quarters, would Steve be apt to saying something to the equivalent of... I am resigning the CEO position and nominating Tim Cook to succeed him. Think about it. Steve does have real health problems. Mr. Cook was able to effectively run the company in Steve's absence. That sort of talent doesn't tend to stick around forever. I'm not saying that Steve wouldn't be on the board of directors, just that he might decide to possibly tone down his day-to-day responsibility as CEO. -Just a thought...
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Clinically Insane
Join Date: Dec 2000
Location: Caught in a web of deceit.
Status:
Offline
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If that happened, I could see AAPL drop 15%, and then climb back up to a level 5-10% below the current price.
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