Apple is scheduled to announce thier 2004 second quarter financial results on Wednesday, April 14th. Apple
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Fred Anderson’s last?
It is going to be an interesting report. Most “experts” see the ipod success as relatively minor. That is an underestimation imo, but greater weight will be given to computer sales regardless. Additionally, what apple has been doing with their cash reserve matters a lot. Expect the full effect of the announcements to not be evident until Friday, stock guys are slow readers.
It�s going to be nasty…new G5s were supposed to come out last December…now even longer delays. New problems with mini iPod…not just delays in delivery.
I�m guessing a 10-15%+ drop in stock.