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Apple second quarter 2013 results set for Apr. 23, income dip possible

#1 User is offline   Macworld 

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Posted 02 April 2013 - 07:10 AM

Post your comments for Apple second quarter 2013 results set for Apr. 23, income dip possible here
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#2 User is offline   trichardlin 

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  Posted 02 April 2013 - 09:13 AM

> Fans of money, hold on to your hats...

If past experience is any indication, good news = stock down, bad news = stock up. For fans of gambling, call your broker now.
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#3 User is offline   lkrupp 

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  Posted 02 April 2013 - 03:33 PM

"Just as one swallow does not make a summer, one dip in profit doesn’t mar a company’s fortunes forever."

In the case of Apple, yes it does. If this happens every financial blog will declare Apple dead and buried. Tech blogs infested with Apple haters will be beside themselves with orgasmic bliss. There will be tens of thousands of words written about the "once great" Apple and its fall into oblivion and irrelevance. Self-righteous pundits will all have their obituaries and epitaphs ready to publish. In fact it's all ready happening and a report of reduced growth will accelerate the process like gasoline on a flame.

Apple is a special case. The critics and haters have never understood why the company even exists in the first place.
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#4 User is offline   macFanDave 

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  Posted 02 April 2013 - 07:27 PM

The whole financial community is a herd that is easily stampeded one way or the other. One month they are glowing and fawning over some new Apple gadget, saying it could become the first trillion dollar company, then the next month, they are going ape***t over Antennagate or Mapsgate.

Brokers need to make trades whether they are buys or sells, and the media needs companies to be moving up or moving down, neither are served by a stable status quo. Building up Apple then tearing down Apple is making a lot of people very rich.
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