Don't Expect Big Things from Apple Today

After reporting earnings and issuing the expected weaker guidance, Apple (AAPL) is up $5.65 versus yesterday's close. Below we look at other positive responses to an earnings report from Apple and show that on average the stock is flat during open market trading. This says nothing about the longer term prospects for the company, but traders looking to make a quick buck probably won't find it in Apple today as the stock has already made its move.

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Comments

[LongAAPL:]

Up $5.60 at 11:00am edt

Jul 22 11:12 AM

[Mark Sigal:]

Those that are interested in a more thorough analysis on the LT prospects for Apple, check out my post:

Analysis: Apple June Quarter Earnings Call
bit.ly/vbi9q

There's good, bad and ugly in it for everyone. :-)

Mark

Jul 22 12:38 PM

[VSD:]

The buyers come in the last hour

Jul 22 12:51 PM