mike hough

Apple's Guidance Games Are Hurting Shareholders

Yawn, Yawn another ill informed article from Seeking Beta. Where is the evidence:

"Phone sales in both France and the UK have been disappointing" CarPhone warehouse says best ever seller and is bringing in 300% footfall. Frenc connection says they have exceeded expectations for December and continue to sell very well after Xmas when they budgeted for a slowdown.

"What if iPod sales which are basically flat, despite new products stay that way or decline?" Please god let them stay that way, sales only increased by 5% but revenue up 17%. Are you unable to understand that business is about profits not sales!

Gross margin of 34.7 percent, up from 31.2 percent and another $3billion in the bank. God protect us from this bad management.

The only people playing games here are the hedge funds and their friends in the 'media'.