Brian Chaffin, writing at The Mac Observer, points to some actual disappointing news in Apple’s results today:
Accordingly, Apple offered guidance of revenue between $41 and $43
billion. Consensus estimates for revenue were sitting at 45.4
billion. In the old days, Apple’s guidance of $41-$43 billion
would have been perceived as being roughly in line with that
consensus number, but in the new era of a “we’re not sandbagging”
Apple, that represents a guidance miss. […]
Notably — and this could also be having an after-hours affect on
$AAPL — Apple didn’t offer guidance for earnings.
I wonder about the lack of guidance on earnings too. Revenue growth was just fine for the just-reported quarter — it’s earnings that disappointed. Update: Apple didn’t mention earnings, but given the numbers they did provide, you can work it out, and it’s a drop.
★ Wednesday, 23 January 2013