Expectations for the world’s largest public company seem to be relatively low for Apple Inc. AAPL 0.72% standards heading into the company’s Q4 earnings report.
The stock started off the year down 6.0 percent, but the company’s all-important iPhone sales numbers out this week will likely be the determining factor in how the stock finishes out the month of January.
Even Before Official Release, Sales Estimates Reduced
While most analysts and onlookers are concerned about iPhone sales in Q4 of 2015, BlueFin analysts John Donovan and Steve Mullane took a look into their crystal ball this week and reduced their sales estimates for an Apple device that has not even been released or announced yet.
According to BlueFin’s supply chain checks, Apple will not be producing…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!