record 4Q results and the stock barely budged.
odd.
It can't budge too much. The overall market is closed until tomorrow. The after-hours stock went up by $4 and then someone took some profits. . . and it went down by almost as much. It's being churned by small sellers up and down. . .
And the street said, “Oh look!” That lasted about an hour.
Now 2 hours later it’s more like “Meh...”
Now, after-hours trading is down 33¢ after closing. The reason is that Apple didn't give huge enough guidance for next quarter, putting the numbers in the middle of the over-heated expectations of the ANAL-cysts who know only how to look at last year's similar quarter and don't look at monetary consideration of the current strong dollar which puts strong headwinds in the way of making huge growth possible and also ignores Apple penchant to make conservative guidance. Apple guided $75-$77 Billion for the last calendar quarter of 2015 (1st fiscal quarter of 2016) when the ANAL-cysts wanted Apple to make a solid $77 billion guidance.
Also Business Insider came out with a huge headline claiming that Apple MISSED on the iPhone expectation last quarter because they did not exceed the wildest of the ANAL-cysts predictions, such as one who claimed they'd sell 51 million when last year's same quarter they only sold 39 million. Where'd he get that figure? His posterior????