The Geeky Gordito

April 23, 2008

Sell my Apple Stock

Filed under: Uncategorized — Tags: , , — Steve @ 10:52 pm

Are you nuts?  I don’t get it.  Apple reported their Q2 2008 earnings this afternoon after the stock market closed, and their stock took a slight hit.  Forbes is reporting that Apple is wobbling, even though their numbers were great.

Just how great?  Check it out, they posted a 36 percent jump in profit and they beat Wall Street estimates by 9 cents a share (they posted $1.16 per share profit).  So tell me how all of that equals sell off or wobble?  I just don’t get it.

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