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Old 04-24-2008, 12:42 AM
Ron
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Default Re: Apple profit rises

On Wed, 23 Apr 2008 21:24:29 +0000, Larry <noone@home.com> wrote:

>Ron <ronclifford@peoplepc.com> wrote in
>news:ne8v04dfeni5oqbltf5v15kkmveqk3sm3d@4ax.com :
>
>> The company said it sold 2.29 million Mac computers, 10.6 million
>> iPods and 1.7 million iPhones in the quarter.
>>
>>

>
>Then, it promptly shit on its investor's stock price telling everyone it
>was going to have a disappointing next quarter, causing its stock price to
>start diving as soon as the market closed.
>
>Closed at $162.89
>Now at 5:22 at $158.80 and still diving.....in heavy selling.
>
>http://www.reuters.com/article/marke...0080423?rpc=44
>
>http://money.cnn.com/2008/04/23/tech...ngs/index.htm?
>source=yahoo_quote
>
>Nothing like shooting your mother in the foot....
>
>



Apple is always overly conservative in its forward looking projections
(One just about has to after Sarbanes-Oxley). Just makes for an
excellent buying opportunity pre iPhone 2 which will be sold in
Australia and Japan, where the original iPhone wasn't making sales of
10 million this year a shoe in.

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