Apple beat its own guidance. Its doing better than it projected. World should end.

At President Clinton’s direction, no fewer than 10 federal agencies issued a chilling ultimatum to banks and mortgage lenders to ease credit for lower-income minorities or face investigations for lending discrimination and suffer the related adverse publicity. They also were threatened with denial of access to the all-important secondary mortgage market and stiff fines, along with other penalties.

The threat was codified in a 20-page “Policy Statement on Discrimination in Lending” and entered into the Federal Register on April 15, 1994, by the Interagency Task Force on Fair Lending. Clinton set up the little-known body to coordinate an unprecedented crackdown on alleged bank redlining.
The edict — completely overlooked by the Financial Crisis Inquiry Commission and the mainstream media — was signed by then-HUD Secretary Henry Cisneros, Attorney General Janet Reno, Comptroller of the Currency Eugene Ludwig and Federal Reserve Chairman Alan Greenspan, along with the heads of six other financial regulatory agencies.

“The agencies will not tolerate lending discrimination in any form,” the document warned financial institutions.
So this is where it all started.  In 1994.  When the government pressured lenders to qualify the unqualified.  To put people into houses they couldn’t afford.  Or else.

Yes, but it”s just shy of 118 billion in liquid assets.

Majority of the Android phones sales are BOGO out of date models. BFD Samsung sold 10 million G II’s in two months. Apple sold 35 plus million of iPhone 4S in fewer than 3 months.

It’s breath-taking… WOW!

It wasn’t so long ago that 1M Macs in a quarter was a big number. And, at that time, Apple revenues and profits were not being bolstered by sales of tens of millions of iOS devices. Apple continues to perform very well in a very difficult and uncertain world financial situation. In my opinion, it is still all good. Sure, it would have been great to sell before this news and then buy back in at 5% lower. But it is risky for individual investors to play the timing game. We don’t have access to the inside information, so buying and holding good stocks or no-load mutual funds with reasonable expense ratios is generally our best bet.

Rationality tells us that Apple will be one of the best value plays tomorrow. Instead the headlines will all read The End is Nigh. Apple’s P/E can and will be compressed. However there are limits to how cheap a company with all this cash and earnings can go. The ride will be bumby but the destination looks delightful.

OMG! Apple turns a profit, a good profit but it doesnt meet the anal-ists expectation? WTF is the world coming to? Maybe mikey d was right?!!?!

Come on…….

Apple plays to products coming out when they are ready, not to bolster sales for the market..

Assanine. The entire thing. All they are trying to do is create a quick stock sale..

This kind of story has played in many previous quarters – Apple provides conservative guidance, pro analysts provide flawed overly inflated guidance, then Appele falls somewhere inbetween. The “street” frets. However, now thatApple has such a huge valuation, they attach larger concerns.

Every company should have the problems Apple has.

Loose for lose is a common misspelling or grammar error, it is the sound of ‘oo’ that confuses folks. However, look up looses you will be hard pressed to find it. You will be referred back to loose.

Also, it is winner not winer.

Cordially,

brain hurts. brain hurts!

• FUD! spew the wolves.
• Bah! bleat the sheeple art they are herded into the shoot that leads to the rotating knives.
• Lamb chops for dinner! chortle the wolves.

Watch this happen tomorrow (2012-07-25).

‘Sell sell sell’ bleat the sheeple. The wolves sit back and laugh. The sheeple effect reaches completion.

‘Buy buy buy’ bark the wolves. They pick up some cheap Apple stock, which then of course bounces back to something approaching a sane value.

The sheeple are shorn.
The wolves get fatter.

If only it weren’t so easy.

“There’s a sucker born every minute” – Attributed to P.T. Barnum, actually stated by David Hannum, banker, 1869.

“If we should ever separate, my little plum, I want to give you just one bit of fatherly advice: Never give a sucker an even break! – W.C. Fields in the film ‘Poppy’, 1936.

If this doesn’t remind you of political propaganda…

BWAHAHAHAHA! Goes to show you the lunacy of the stock market amidst our ongoing worldwide economic depression.

OH NO! APPLE BEAT IT’S OWN EARNINGS ESTIMATE! BUT NOT THE STREET’S! LET’S JUMP OUT WINDOWS AND DIE!

It’s like little children attempting to run the world and FAILing miserably:

Boohoo little babies. Don’t cry. You need your diapers changed. There. Now you feel better! Baby want a bottle?

These people are called ‘professionals’.

WTH, stop this nonsense.

Earning Estimate, Revenue Estimate, iPhone Sales, are all the same thing. Triple Jeopardy here.

Just sayin’

I believe the whole is greater than the sum of its parts, the ecosystem is greater than just devices.

Apple is building a truly new global brand/model, and thus, room to grow. Stay long AAPL!

The cheeky bastard.

Financial anal-syt are mostly focused on gaming the system to derive maximum profit from gain or failure. They really don’t care about sound economic understanding or forecasting. Wall Street is one huge cesspool.

Apple exceeded guidance, YOY comparisons are highly favorable. All that and Apple is sitting on $100 billion in cash, has zero debt, will soon face the “back to school” market with new products in Q3 and has a highly anticipated iPhone release that may come about in Q4.

Global markets are slowing and that’s a simple fact. My take is that competitors trying to launch new product into this environment will have a tough time.

Steve Jobs left Apple with an enormous cash buffer, a solid management team and a product pipeline that will continue to be the envy of the industry. What a great legacy.

Read ‘The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It.’

Nerds with computers making millions at the click of a mouse.

not the other way around. Apple came in above their guidance, from last quarter’s analyst meeting.

In a depressed economy, we have a company that is increasing its sales in practically everything they produce YOY, not to mention that last year was a depressed year as well. The same company publicly predicts it positive sales and meets them in this turbulent time. Net result? Some flunky says, like an overbearing parent that reads an A students report card, yes but you could have done a little better and BOOM, the world falls apart.

Greed and market manipulation behind a false mask of …GASP…SHOCK…OMG!!! Mark my words, everyone and his dog will be buying over the next dew days and this will all be a stupid reminder of how the wold has gotten into the economic funk in which it now finds itself.

Don’t be OBLIVIOUS to what is happening. The world is deleveraging and it will take years to unwind this DEBT in the world. Sell while you can. 2013 will be a disaster!