All eyes on Apple as Cupertino Colossus reports earnings today after the bell

“Today at about 4:30 p.m. Eastern, Apple will report its results for the March quarter, and the fog of rumors and speculation that has swirled around the company since January will lift — if only for a day or two,” Philip Elmer-DeWitt reports for Fortune.

“This is Apple’s quarterly reality check, its chance to answer questions that have weighed on the company’s stock price since September, driving it down — as we are reminded almost hourly on the business news channels — from over $700 to below $400,” P.E.D. reports. “By Wednesday morning the fog will have cleared. We’ll have some hard numbers and a sense of how the market will react.”

P.E.D. reports, “Then the rumors and speculation can begin anew.”

Read more in the full article here.

MacDailyNews Note: As usual, we will bring you Apple’s results as soon as they are available, right around 4:30pm EDT today. MacDailyNews also will present live notes from Apple’s Q213 Conference Call with analysts beginning around 4:50pm in an article posted at that time.

12 Comments

  1. And it will take the geniuses at least three weeks to figure out that Apple is as healthy as an 800lb. gorilla that will continue to eat eveyones lunch because everyone is asleep at the wheel.

  2. Apple could resurrect Jesus, announce they solved cold fusion, and cure Alzheimer’s…and will still not meet the expectations of the few that control the market…and the FUD will continue.

    1. ummm Jesus has already been resurrected. You can drastically reduce your risk of alzheimer’s by diet and avoiding non critical medications. I guess that leaves the cold fusion thing. I do agree whole heartedly with the sentiment of your post. Apple is evaluated by rules that don’t apply to any other company.

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