Wall Street is acting as if Apple’s results—$8.8 billion earned on sales of $35 billion—are some kind of disaster. That’s because how well a company does is based not on real earnings, but solely on the Street’s expectations.
Read Full Article »Wall Street is acting as if Apple’s results—$8.8 billion earned on sales of $35 billion—are some kind of disaster. That’s because how well a company does is based not on real earnings, but solely on the Street’s expectations.
Read Full Article »