“Apple’s latest earnings report put some fear into investors, as earnings and gross margin guidance surprised many,” Bill Maurer writes for Seeking Alpha.

“Apple doesn’t feel indestructible anymore, but that doesn’t mean the best days are behind the company,” Maurer writes. “Apple can easily bounce back, but investors need to be reassured of some things.”

Maurer writes, “Here are some questions that Apple needs to answer over the next couple of quarters.”

• Are gross margins just returning to normal levels?
• What’s going on with the regular iPad?
• What are you doing with the cash?
• When does China Mobile get the iPhone?

“Right now, there is an incredible amount of fear surrounding Apple, and that provides a unique opportunity for investors. Every time we get an estimate or price target cut, it makes shares cheaper for all. I’m sure a number of places are happy now that these negative notes keep coming out. Every time the price drops to $500, more people can back up the truck and purchase more,” Maurer writes. “Those people aren’t as prominent when shares are at $600. Don’t forget, every time that an analyst cuts Apple estimates, it makes it easier for Apple to beat when they actually report.”

Read more in the full article here.

[Thanks to MacDailyNews Reader “Joe Architect” for the heads up.]