Apple profit sank 22%

Apple profit beat estimate at $7.47 over $7.32. Yes, it did manage to beat estimate but flat revenue and profit sank may signal a prolong peak or start to fall signal. We are not so optimistic of Apple unless a catalyst is on its way. Current PE of 15 times is fair as of now with some cash pile.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Blog at WordPress.com.

Up ↑

%d bloggers like this: