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Re:Apple Reports Third Quarter Results by rkrishnakumar on Tuesday July 24, 2012 @06:33PM (#4288374)
They missed the analysts predicted revenue and EPS, but not their own guidance: revenue of $34 billion and earnings per diluted share of $8.68. Wall Street investors go bullish when iPhone sales slow, and bearish when sales are exploding.
Re:Apple Reports Third Quarter Results by adavies42 on Tuesday July 24, 2012 @06:40PM (#4288403)
this is traditional: they almost always undershoot the over-expectations