ST Alpha - "Another quarter for Apple, another record revenue. -- (link)" (Reading a Post)

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Another quarter for Apple, another record revenue. -- (link)

Posted by Mop (190 lbs) (aka rburriel) Jan 23 '13, 13:39

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http://www.engadget.com/2013/01/23/apple-announces-q1-2013-earnings/ (www.engadget.com)

Responses:

Net profit of 13.1Billion --- this would fund the entire state&local budgets of 10 US States. - Will Hunting Jan 23, 13:44
Wall Street cracks me up. The street estimate was 'just shy of 55 billion' in rev. Stock is down 4.7% immediately in after-hours because of 54.5b. - ty97 Jan 23, 13:44 3
- [deleted] 2
  - Uh-huh, today's price incorporated logic. Sell me another line. - ty97 Jan 23, 13:49 1
    - [deleted]
"just shy of Wall Street estimates"...that says everything about the madness of the current stock system. -- nm - David Jan 23, 13:41 3
- I'm surprised they did as well as they did. There's been a lot of market talk about Apple losing momentum. -- nm - Mop (190 lbs) Jan 23, 13:43 2
  - Which shouldn't matter since it's not priced as a growth company. - ty97 Jan 23, 13:45
  - that doesn't sound like the Wall Street I know -- nm - charlie Jan 23, 13:44
why are they so bad at predicting revenue? -- nm - colin Jan 23, 13:41 3
- [deleted] 1
  - no kidding. -- nm - b. Jan 23, 13:50
- because they're using imperfect information. - znufrii Jan 23, 13:46

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