apple, Apple Inc, Apple Shares, Apple Stock, ipod, Steve Jobs
apple, Apple Inc, Apple Shares, Apple Stock, ipod, Steve Jobs

Apple Shares Drop After Disappointing Quarter

Reuters   |  Scott Hillis   |   January 22, 2008 09:50 PM


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Apple Inc (AAPL.O) on Tuesday forecast a quarterly profit below analysts' expectations and posted disappointing holiday-season iPod shipments, sending its shares down 11 percent in after hours trade on concern consumers were cutting spending.

Stock market futures and shares of technology giants including Google Inc (GOOG.O) and Microsoft Corp (MSFT.O) fell in Apple's wake, after a frenzied day that saw the Dow Jones industrial average fall 1 percent and Nasdaq drop 2 percent amid mounting fears for the U.S. economy.

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- OhgReaTone See Profile I'm a Fan of OhgReaTone permalink

The new Macbook Air is promising - but there are limitations that no genius can overcome - the problem with the computer communicating with humans.
Ohg
http://thefiresidepost.com/2008/01/24/mac-air-limitations-of-io-where-are-the-peripherals/

    Favorite    Flag as abusive Posted 04:10 PM on 01/24/2008
- bahamarock See Profile I'm a Fan of bahamarock permalink

The headline to this story is just plain wrong. The shares did not drop because of a "Disappointing Quarter". It was the most successful quarter in Apple's history. The shares dropped because of the outlook for the next quarter. This is something that could have been easily checked if whoever wrote the headline would have just read the story that the headline takes up to.

    Favorite    Flag as abusive Posted 01:50 AM on 01/24/2008
- Sundialsvc4 See Profile I'm a Fan of Sundialsvc4 permalink

Hey, thanks for the heads-up! I love a bargain.

    Favorite    Flag as abusive Posted 11:58 AM on 01/23/2008
- Beardedfish See Profile I'm a Fan of Beardedfish permalink

This is why I'll never fully understand Wallstreet. Apple just made 1.58 billion dollars in profit ($1.76 per share), a record for the company and an over 50% growth from the 1st qtr the year before. Then say their expect a profit of $0.94 per share in the 2nd quarter and the stock drops 11% because the same jerks that got us into the subprime crisis, well they work for many of the same companies, said they should expect to earn $0.15 more per share! Makes ZERO sense. The company is still cleaning up.

Then Oil drops $10 a barrel over the last 3 months because the economy is weakening, not because demand has changed at all but because they jerks THINK that the high price they have been ramming down our throats MAY in the FUTURE POSSIBLY have a negative effect on demand. What and f@#king scam!

    Favorite    Flag as abusive Posted 01:05 AM on 01/23/2008
- WIpatriot See Profile I'm a Fan of WIpatriot permalink

Et tu, apple? Et tu?

    Favorite    Flag as abusive Posted 11:45 PM on 01/22/2008
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