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Wednesday, November 27, 2024

Significant Miss by Apple (AAPL)

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

You can read the details of the earnings report in many places, but the key thing is this is going to weigh on markets as the stock is down some 6%.   I cannot remember the last miss by Apple as they always sand bag estimates.  Last quarter most of their surprise was from China so it will be interesting to read through and see through where the misses were.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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