Apple picker Apple today in press release confirmed that the conference call will take place on January 23, 2013 at 23:XNUMX p.m., you will be able to watch the live broadcast at www.apple.com/quicktime/qtv/earningsq113. Financial results for the first fiscal quarter of 2013 will be announced. The best financial results in the company's history are expected.
Shares after announcement of results minus 10% in After Hours trading.
A 10% drop in response to record revenues and overall sales increases?
The decline occurred because Apple's rebate keeps falling and the price per share is the same as last year + 0.06c even with increased sales. The share price mostly corresponds to future expectations, rather than current results, and these are such that the discount will probably continue to decrease, so there has been a certain price correction.
In addition, the rate of inflation in the USA in the same period is 2.9%, so in fact apple earned shareholders about $0,5 less than last year (at a growth rate of 0,06c)