GOOG was counted out due to Facebook and increased spending from last Q on new projects and CEO change . . .
GOOG surprised . . . and is rewarded . . .
Apple can only guide well going into the 2nd half of the year as the Q2 numbers are not going to surprise to upside IMO due to the known supply issues that occurred . . .
Apple will never tack on as much as google did today . . . but it should trade up to the next channel of over 370 IMO . . .
Good luck all going into next week . . . glad I played the google gamble today!
AJ - congrats on your Google trade.
Don't let your GOOG excitement dampen what Apple can do. GOOG beat analyst estimates by 11%. Apple routinely beats by about 20%.
GOOG EPS increased by 35% compared to the same quarter last year. I expect Apple to increase EPS by 80%+ this quarter compared to last year.
GOOG jumping to $590 after hours still puts it 10% below its 52 week high. I expect Apple will cross above its 52-week high next week. It is only 2% below it now.
AT- thanks a bunch, hope you are well.
It was an overnight trade as I had a "feeling" and placed a bet . . . I will close them tomorrow and wait to make another Apple trade at tomorrows close for earnings . . .
I am still an Apple bull . . . frustrated of course too . . .
HEY ROOKIE! Want to bet on that?
Apple is going to rock everyones world next week. Look for $7.50 EPS street only looking for around $5.70. Look for Rev to Beat by $2 BILLION.
Apple heading to $390!
Watch and Learn!