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Apple Inc. Message Board

  • qzeck71 qzeck71 Jan 24, 2013 12:43 AM Flag

    People here are selling like its going under :-)

    The funny thing is they beat EPS by a wide margin and people sold like it was going bankrupt. The revenue was definitely lighter then expected but overall it really wasn't a bad report, not great, but not bad.

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    • i agree, as the stock drop 30%, it should already factor the slowdown of growth, the 10% sink after market make AAPL the cheapest stock in Nasdaq since now nearly 30% of the stock value is cash, 7.6 P/E for trailing eps while the guidance of 2nd quarter, though fall short than estimate, still 7.6% higher than the same period of last year. it does have problem, but if rimm double during the same period while the company is not even performing in positive cashflow, why should AAPL fall like it has no tomorrow or any new product cycle?

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