Category Archives: Apple AAPL

Apple (AAPL) Rare Earnings Miss, But Strong iPad Sales Should Keep Bullish Trend Intact

Apple (AAPL) shocked investors on Tuesday with a rare earnings miss. The huge technology company has now seen its shares fall 5% in the two days following its earnings report. It’s time to take a look at the earnings report and see where Apple shares may be headed going forward.

For its third quarter, Apple reported revenue of $35.0 billion. The company’s net profit was $8.8 billion, translating to earnings per share of $9.32. Analysts … Read the rest

Apple (AAPL) Touches $600 Again On Strong iPad Sales, Dividend, Buyback

Apple (AAPL) continues its flirtation with the $600 level this morning on more bullish news in the form of a dividend announcement and stock buyback program.  Add to that the robust iPad sales & strong technical action and you have the recipe for a surge above the $600 level.  With a test and fail at that level last Thursday and again this morning, it appears the stock may just need to rest for awhile before … Read the rest