Earnings will be good, but the significant info will be mgmt's forward guidance. That's expected to be on the weak side due to time of year. As stock price continues to decline, longs should pick up more shares, because further out, AAPL will be a major winner. In five years, plan to pay your mortgage off.
Well apple did ok the last 2 quarters. So a lot of expectations had to come down. Now we are looking at apple's best quarter with lowered expectations. On top of that stock has tumbled 33%. I give apple stock 90% chance to outperform this year from this point. I am looking at anywhere from 20 to 50 percent return going forward this year.