Monday, August 18, 2008

Why I'm not rich.

Lets see if I get it. Apple beat all the analyst’s expectations and their stock shares lost $17.47, or 10.5 percent in after-hours trading.

So that’s why I’m not rich, when a company does better than projected, I expect that the value goes up, not down. Yes, earnings are down from last year, but with over a billion dollars in profit this year, Apple looks they they are making money when a lot of businesses aren’t.

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