So let me get this straight:
Apple sets new company records for revenue and profit, beats the Street’s estimates, and ships 28 percent more Macs and 50 percent more iPods than they did this time a year ago, but because a bunch of analysts don’t like future estimates, the stock price takes a dive?
No wonder monkeys do just as good a job at the stock market as analysts.
The stock price took a dive because the performace wasn't up to the expectations. Growth is fine, but it has to beat expectations if you want the stock to rise.
That and the iPhone/Apple Phone is being exposed for the fraud that it is.
Posted by: Joe at January 19, 2007 7:38 PM