Apple Misses Earnings, I’m Staying In


  • Apple just released its earnings and missed expectations.
  • The release missed expectations on revenue as well as on earnings per share (“EPS”).
  • Prior to the release, Tim Cook took a voluntary pay cut, leading many to speculate that the release would be bad.
  • The release confirmed rumors to be true.
  • I personally plan to keep holding Apple stock, as I think a turnaround is likely, but I’m reducing my rating to ‘hold’ as short-term investors could get burned here.

Apple Remodels Its Flagship Store The Grove In Los Angeles

Mario Tama

Apple (NASDAQ:AAPL) just released its fiscal first quarter earnings and missed on both the top and bottom lines. The release came in $4 billion short on revenue and $0.07 short on earnings per share. On the operational front, Apple revealed

Disclosure: I/we have a beneficial long position in the shares of AAPL, GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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