4/25/13

Apple (AAPL) Profit Beats Forecast

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Apple (AAPL) Profit Beats Forecast

There are a lot of people who have a lot of questions for Apple Inc. (NASDAQ:AAPL) CEO Tim Cook. There are also a lot of people–not just Apple fanboys–who would want nothing more than to sit down with him, asking questions and picking his brain.

Wall Street seems pleased with Apple's announcements: beats on Q2 2013 earnings and a massive expansion of its cash return program for shareholders. Share This. Tim Cook admits that iMac launch should have been

Not too long ago, Apple (AAPL) couldn't do any wrong in the eyes of the street. Analysts competed with each other to give ever higher price targets (Anyone remember $1100?) and any mention of possible problems was seen as heresy. Even after the stock

The market's reaction to Apple's earnings was not good this morning. The stock was down 3% pre-market, sending shares to $393. This drop is actually worse than it sounds. After earnings were released, Apple was up as much as 5% after-hours. But when

Shares of Apple (AAPL) are down $3.30, or 0.9%, at $402.83, as analysts cut price targets and estimates following last night's fiscal Q2 report, which saw the company beat estimates, but offer a weak forecast for this quarter, and boost its capital

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