Friday, January 25, 2013

APPLE Q1 REVIEW: What Did We Really Learn?

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APPLE Q1 REVIEW: What Did We Really Learn?

The weekly technological outlook for the Powershares QQQ Trust (QQQ) is still negative though it got a boost yesterday from both Google, Inc. (GOOG) and Apple Inc. (AAPL), which make up 6% and 15% of QQQ. Today could be a different tale as AAPL was

The weekly technological outlook for the Powershares QQQ Trust (QQQ) is still negative though it got a boost yesterday from both Google, Inc. (GOOG) and Apple Inc. (AAPL), which make up 6% and 15% of QQQ. Today could be a different tale as AAPL was

While I was pleased with the quarter, my estimates were considered somewhat bearish compared to the crowd; so needless to say, there were more disappointed faces than smiles. Apple reported healthy growth metrics for iPhone and iPad, while iPhone

If you're investing in Apple today, do so under the assumption that Apple can and will introduce new products.

AAPL's after-hours loss in market cap is greater than the market cap of one BlackRock, Starbucks, Target, Costco, or Nike. Down nearly 9% from yesterday's close, AAPL is trading down to January 2012 levels (off 35% from its

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