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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 677.48+0.3%4:00 PM EST

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To: GROUND ZERO™ who wrote (44418)1/23/2013 7:37:05 PM
From: Wayners  Read Replies (3) of 218448
 
I listened to the whole conference call. I was interested in future products specifically iRadio and not a word about it. In fact there was no information about new products at all. It tanked on the initial report, based, and then when Tim Cook began the guidance it tanked again. Gross margins slipped a bit and guidance had then slipping, so it must be getting harder and harder to sell. Getting a lot harder for them to sell the iMacs and they were capcity constrained on the iPad mini. They pull in $2.1B from iTunes, that was a lot more than I thought. He didn't talk about the iTV but apparantly you can buy them? I thought Jobs laid out a whole bunch of new products, so I don't know what the deal is. Investor's want catalysts and with Apple that means new products and buzz. Tim Cook delivered nothing like that.

I hope you didn't buy more than 10 shares.
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