Let's not kid ourselves - all this talk about Earnings, P/E, revenues doesn't mean squat. What it all comes down to is sentiment. Why else would AMZN be trading at thousands times earnings? On the Nasdaq there are a slew of companies that only have hopes of creating a winning product and, although they're LOSING tons of cash, they're trading at astronomical values. Then you have AAPL a company that's basically printing cash due to a winning lineup of products and has many products in it''s pipeline that have excellent chances for blockbuster success? I think you need to ask yourself: who is more likely to deliver? And when AAPL announces that next product and people start to swoon over it's implications we will start to fly again.
Dummy - changes on a dime.
investors are livid that there is no china mobile "deal" - the post report confirms that there is a cheaper iphone for china .. Which is china mobile (it is not going to lose its customer base) by june sales -
sentiment flips - you are el dumb dumb