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Apple Sales Rock still Stock Tanks

July 21st, 2008 by Xof

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Apple is holding strong as the third largest personal computer vendor in the US and with a 38.1% growth rate, you’d think AAPL would be skyrocketing now…

Well, not really… Wall Streets is filled wih speculators and analysts playing a deceiving game trying to make as much money as possible instead of rewarding the companies posting AMAZING results!

“Apple defied a weakening economy to record a 38.1 percent growth rate in U.S. PC shipments, according to Gartner. Overall PC shipments in the U.S. grew just 4.2 percent to 16.5 million units during the quarter.

The company shipped 1.4 million units compared to Acer’s 1.33 million, according to Gartner’s survey. Dell held the top spot, shipping 5.25 million units and growing 11.9 percent year-over-year, followed by HP. “

Instead, the stock closed at $166.49 before plunging to $147.60 during the extended hours loosing close to $850 million of capitalization value… Un-fuc£*ng-belivable!!!!

“Cupertino, Calif.-based Apple earned $1.07 billion, or $1.19 per share, 11 cents ahead of Wall Street’s expectations, according to a Thomson Financial survey of analysts.

Revenue jumped 38 percent to $7.46 billion, ahead of analysts’ average view for $7.37 billion in sales.”

Seriously… what is wrong with these people??!!


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