I have noticed that, they lower numbers so when the next quarter rolls around its just that easier to beat estimates.... most companies like to under promise and over deliver
Cramer gave aapl a buy rating last night...LOL..look at it now. I wonder what he's thinking.. And to think I actually had a buy order pre-market for this stock.. :eek: So much for my earlier support comment.
these guys will probaly be first out of the gate, when the market recovers after today's OE. Seems like they wanted to pin QQQQs at max pain in the morning. Oil has been low, paving the way for stocks to recover. Easy to spin the aapl forecast as overly conservative (most of the analysts already taut this). The numbers were a blowout. Considering IBM could also be considered positive, bringing techs back up seems pretty plausible.