Didn't profit drop in the quarter? So the stock price reflects doubt that profits will continue rising even if profits dropped the asset value per share still increases. But asset value is only one metric. Potential is a key metric .
Sent from my iPhone 6 Plus
Sent from my iPhone 6 Plus
That's nuts. If Apple makes more than last quarter, but it's not as much as predicted stockholders get scared, sell their stock and stock value goes down, correct? I always thought a company's stock went up due to the company making more money than they did the quarter before.
\\ /\( ) Alice.( ). lwr32@mac.comI don't understand. Apple makes scads of money yet their stock goes down.AlicePundits who make their salaries by selling copies claim that Apple should have made BIGGER scads, and enough idiots with more money than brains sell stock.
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Posted by: Tony <tdale@xtra.co.nz>
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