You guys see Apple's financials?
 

Apple (NASDAQ:AAPL) reported a profit of $1.34 billion for the year, compared with a profit of $276 million last year.

WOW....nice year...

Makes me kick myself for selling their stock a while ago....

didn't their stock just drop 10 points this morning? points meaning percent. That is what a guy at work told me. It doesn't make sense. People scared of the new releases?

Yeah- they were expecting even higher sales. Welcome to how the market works- it's not about what you do, it's about how you're perceived.

SI

Which is why I hate non-dividend stocks.

Yeah, but if you play the options properly, you can make the money on either swing, I had the stock to where I could have played the options properly and made a killing.

They have been trending upward for awhile, the stock has built a new resistance, and from all looks it will trend up again.

I am going to keep my eye on it for a bit, just to see....

Still down, but now it's only down about 4 1/2 percent.

Basically, Apple beat THEIR expectations, but the morons who pushed their stock (the analysts) added 30% more to APPLE'S expectations for sales and made it THEIR expectations.. so Apple did better then they thought, and the market punished em for not doing even better.

I got in @ $45 about 6 months ago... was thinking of selling if it hit $55, which it approached a few times until yesterday's news.

I agree with you, but I never like focusing on just stock price.

http://www.cnn.com/2005/TECH/ptech/1....ap/index.html

Apple shares closed Wednesday down $2.34, or 4.5 percent, at $49.25 on the Nasdaq Stock Market. In after-hours trading Apple lost 2 cents to $49.20. The shares' 52-week low was $18.83 on December 12, 2004.

I think at $18 dollars only a year ago, it was a good idea to pick some up.

gee, ya think?

It was up just over 9% today (yesterday for most people reading this) to 53.74. Nice little profit for those who jumped in when it was down in the 40's a few days ago.

Where I work, we have a chance to buy into a fund trader that uses the trading system we coach on. Currently, it's sitting at 112% on return, I haven't had a chance to buy into it, but the fundamentals of our program caught apple on the uptrend, and the trader played it on the day trade (If I hear it right) So they made some good money.

and I thought it was another thread about fiona... damn.