Bracing for 2009 Earnings - Barron's [View article]
Earnings season will be a disaster that's for sure. Keep an eye on Apple on Wed because they may be the only company to beat estimates. Not only do i think they will beat estimates, they're going to crush them. What were the top 5 xmas gifts this year? I bet Apple had 1-2 of them. The app store is complete margin for Apple and they're growing exponentially as developers realize they can make a ton of cash with little effort. All of the retailors are having huge sales cutting into their margins...Apple no discounts because they dont need them...
Bracing for 2009 Earnings - Barron's [View article]