Articles and Blogs
Why Stocks are Up When Earnings are Down
Above you can see the horrendous AAPL earnings numbers. The company sold almost 3 million less phones than expected. They sold 510,000 iPads less than expected. They sold 420,000 less Mac Computers than expected. The stock was also downgraded 2 days ago. The company is also under investigation by the Department of Justice for slowing their phones down in an attempt to force people into needing to spend another $1,000 for a new phone.