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Tuesday, July 20, 2010

AAPL simply crushed

Any way you look at the report, AAPL crushed it this quarter.

But the street's estimates were for 9.5M iPods, and they sold 9.4M. This could be enough for the bears to knock down the price. (sarcasm!!!) Because it is reasoning like this that brought down TI and IBM today. Ignoring the general positives and focusing on the one negative.

Seriously, this was a great quarter. If it does not continue its march upward after this, then the sellers are blatantly ignoring reality.

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