back to the low $600's before the earnings and much higher after earnings . On what grounds you ask right ? That one is easy, Profits of course . The first thing you learn in finance is that Profits above all is the biggest driver of a company's stock price. As it should be ! After all , what are we in business for if not Profits. Simple enough?
I agree. Many detractors are saying it's not current profits, but future competition and decreased market share that concerns them. I wish Aapl would increase the dividend and have a much more aggressive stock buy back program.