By nearly any estimate, Apple is doing extremely well these days. For the fiscal quarter ending June 30th, for example, they beat the street once again, reporting record earnings of $5.41 billion, with a net profit of $818 million or $.92 per diluted share. In contrast, last year’s quarterly results totaled $4.37 billion, with a […]

While considering what I was going to write once Apple’s quarterly financials were released, I thought of what I had said previously, that sales and profits would exceed Wall Street expectations, and that the financial community would react in its usual unpredictable fashion. Over the past few months, it has been variously claimed that sales […]

I am reminded that I probably said something of this sort three months ago, but here it is again: Before Apple released its quarterly financials Wednesday afternoon, those Wall Street analysts were suggesting that Mac sales would be up, but that iPod sales would be stagnant or take a dive. Once again, their crystal ball […]

This is getting to be an old story. In the quiet period before Apple releases its financials, you often hear the doom and the gloom from certain people on Wall Street. The psychological impact throws the stock price into a tizzy, and the end result is a price drop of some sort. In recent days, […]