Does this Make Any Sense?

In July, Apple said to expect $1 a share in the next earnings report. Since Wall Street had been expecting EPS of $1.23, the stock dropped $4 to $162.
Now here we are three months later and Apple reported earnings of $1.26. So the shares rallied $5…to $96!

Posted by on October 23rd, 2008 at 11:02 am


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