Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
Apple "Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent. The world's largest technology company shipped 47.8 million iPhones, lower than the roughly 50 million that Wall Street analysts had predicted. Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts." I'll leave the financials to the experts, but one thing that stood out to me: Apple sold 4.2 million Macs, almost a million below expectations. How much of a future does desktop computing have at Apple? Update: The NYT/Reuters changed the title during the night. Fixed it.
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chiwaw
Member since:
2006-02-05

Oh sod off. Go complain at Reuters.


It's a little late for me to sod off. I'm probably one of the oldest reader here, going back to the early days of OSNews in the late '90s when I was dual booting BeOS and QNX Neutrino and looking for OS news ;)

I'm not complaining btw. Some blogs are hopelessly pro-Apple (Gizmodo!) some others are hopelessly anti-Apple (Slashdot!), it's all fair game. I don't expect blogs to be emotionally neutral toward a company like Apple that tends to always brew strong emotions on each sides.

Stock price reflects the *expected* ability that an investment in said stock will generate a return.


Thanks that's the part I was missing. The way I interpret it, say, half the stock value is what the company is right now, and half the price is what the company is expected to be in the future. That part is evaluated by stock analysts. If the company doesn't perform as planned, that portion of the stock price goes down (hence the whole stock goes down).

Am I too far from reality?

Reply Parent Score: 1

Thom_Holwerda Member since:
2005-06-29

It's a little late for me to sod off.


Sorry for that one, by the way - uncalled for.

Reply Parent Score: 1