Apple Inc. (AAPL) Investors: $50 Billion Vanishes in 2 Hours

Page 2 of 2

And a telling comment came from Apple Inc. (NASDAQ:AAPL) CFO Peter Oppenheimer as he gave that guidance. While Aplle has historically be very conservative in its guidance, Oppenheimer said that the company has changed the way it gives guidance. While before it would set bars that it would certainly clear, now the company “reflects what Apple is likely to achieve.”

From $54 billion in actual revenue in one quarter, to guidance for $12 billion less in the very next quarter? And profit margins that were in the mid-40s down to the upper-30s? This might be summed in one word: Ouch.

Now that you check out the report and see the numbers, what do you think? Is the drop in the Apple Inc. (NASDAQ:AAPL) stock price justified? Is the company now priced more accurately, or is this time to buy? Give us your comments below and start a discussion about this report and the company.

DISCLOSURE: I own no position in any stock mentioned.

Please see these related AAPL articles:

Apple Owns More than Half of U.S. Smartphone Market

Is This the Demise of Apple Earnings?

Apple’s Earnings May Mean These 4 Companies Are At Risk

Page 2 of 2