Here we go again - the market, having run out of C stocks to abuse, will now turn its attention to a great source of vitamin C - AAPL. Yesterday evening, based on the early numbers and massive celebration that followed thereafter I failed to notice that AAPL too has forecast a missed analyst estimate by 4 cents - 4 cents. That, of course, is sufficient to drive AAPL into debtors prison and to punish all of the folks who are holding AAPL in their retirement accounts. AAPL finished the evening down another 70+ cents.
And even though GLW has nothing to do with AAPL I'm sure GLW is going to get punished too. And SYMC too. And watch MOT give it all up because, after all, they make something like phones like AAPL does. And NOK and probably the oil stocks too because isn't there a lot of oil used in plastic and doesn't AAPL rely heavily on plastic for their IPOD cases not to mention their failing Mac line.
The only one that is going to win is MSFT because MSFT is the direct opposite competitor of AAPL.
Remember - day three of the GOOG short squeeze watch is upon us. Pay attention kiddies - learn something. Learn that Jimmy Crack Corn is an entertainer and his jokes are starting to show their age.