RW, again, your language is extreme. You say I lied. That's not true. Here's what I actually said about all those companies including Apple:
so far the following companies have reported significant earnings slow downs or stated the immediate future is grim. -mindmeld Notice the "OR STATED THE IMMEDIATE FUTURE IS GRIM". Apple themselves forecasted a slowdown in Q4. Do you deny that? Is that a lie? The fact is that my post was accurate and there was no lie in it.
I find it absolutely amazing how you guys will say just about anything to divert the conversation from the main point, which is that the economy is doing terrible and getting worse. Earnings are slowing down at these bellwether companies. That's a FACT. You like Apple. So let's talk Apple. Do you really think the below is good? How can you possibly have rose colored glasses on, after looking at all the evidence around you of a slowdown?
Here's what happened in Q3:
Apple Delivers a Big Earnings Miss; Outlook Disappoints Apple, known for beating on earnings, delivered a huge earnings miss and its outlook for the current quarter disappointed. finance.yahoo.com
Here's what's expected in Q4:
Earnings Worries Sends $AAPL Tumbling 3.6% Poor earnings report from just about every company but Apple sent stocks tumbling on Friday, including a 3.6 percent drop for $AAPL. Apple reports its own September quarter results on October 25th, but misses from Google, Microsoft, General Electric, and several other companies apparently have investors worrying about Apple, too. macobserver.com |