Apple (AAPL +0.2%) continues trading near breakeven after beating iPhone forecasts, missing iPad...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL +0.2%) continues trading near breakeven after beating iPhone forecasts, missing iPad forecasts, and issuing soft EPS and margin guidance. The fact investors care more about iPhone sales (easily the majority of Apple's gross profit) than iPad sales could be helping its cause. Evercore and Goldman are a little worried about the margin pressure Apple is seeing, though Goldman thinks Apple's earnings call comments about improving iPhone 5 supplies bode well. (more)