TODAY IS PROOF AAPL SELLING WAS NOT DUE TO 2012 TAX SELLING, AAPL BACK TO TEST 500
i would not doubt one bit if it breaks below 500 this time, not too many people want to be long aapl if its trading above 500 when earnings are annouced, it could disappoint and drop to 450-400 easily when earnings are annouced
I have spoken to many people since New Year began. The number of people who bought Apple products for themselves or their family for the holidays is absolutely amazing. There is no way there will not be a blow out quarter. Now what that does to the stock price is another story. I can assure everyone reading this post that a blowout quarter is surely going to happen.
what depends on aapl going up or down at earnings will be sales growth...if aapl sales show weakness in 2012 compared to 2011 or for example: if sales growth is 15% higher for 2102 than 2011 but 20% higher 2011 compared to 2010 then aapl will probably fall at earnings..its the sales growth that will count