Apple to report Q3 earnings on July 23rd
0. phoneArena 01 Jul 2013, 22:41 posted on
Four times a year, Wall Street goes crazy when it comes to Apple; like a gambler trying to win everything back on the Super Bowl, stock traders use the increased volatility that happens around earnings season to try to make a few bucks in the options market. And when you're dealing with a company where everyone has an opinion, like Apple, the price swings are wide and the profit/loss potential is high...
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1. PermanentHiatus (Posts: 229; Member since: 22 Jun 2012)
Ouch. No amount of tax evasion loophole could fix that.
2. alltechinside (Posts: 197; Member since: 21 Apr 2013)
I won't be surprised to see another disappointing quarter and another drop on the stock market. It is expected as no new product has really been announced (Other than the laptops with the Haswell chips). iOS 7 or the newly designed Mac Pro isn't really going to save them (for the stock market). For them to rise up again, they need a new product launch (New Apple TV or iTV, smartwatch, etc....).