Apple 2Q profit, sales beat Wall Street, but stock wobbles on guidance below estimates

Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers — and beat Wall Street estimates — but its stock dipped on a lower-than-expected profit forecast.

Apple 2Q Profit Jumps 36 Percent, But Stock Wobbles

Apple Inc.'s fiscal second-quarter profit jumped 36 percent on blistering sales of Macintosh computers, but its stock tumbled on the company's forecast of earnings below what had been expected.

Apple's 2Q Results Beat Wall Street Views, But Stock Wobbles

Apple Inc.'s fiscal second quarter was another blowout, with results that easily surpassed Wall Street's expectations, but it wasn't enough for investors to warm up to the company's stock any further.

Apple Crushes Q2, But Investors Balk At Mild Q3 Outlook (Investor's Business Daily)

Investor's Business Daily - Apple smashed through Wall Street's second-quarter forecasts Wednesday, thanks to piping-hot sales of Macintosh computers.

Yet somehow you just know Apple’s stock is going to tank…

Well, Apple just posted record profits once again, and you know what that means - Apple’s stock will tank tomorrow for no reason. As an Apple stockholder, I have noticed that nothing brings down Apple’s stock faster than good news. Oh well, see if you can see anything here for Wall Street to bitch about… Apple [...]SHARETHIS.addEntry({ title: "Yet somehow you just know Apple’s stock is going to tank…", url: "http://macenstein.com/default/archives/1305" });

Analyst raises AAPL target to $195 on Mac growth

Research firm Thomas Weisel Partners (TWP) on Monday upgraded Apple stock and set a target price of near its previous trading high, noting that the current price severely discounts the long-term growth potential and that any risk for a near-term earnings shortfall has faded. While most analysts have focused on the impending launch of Apple's "3G iP...