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Apple’s Earnings Miss Blamed on Rumor Mongering

on Oct 19, 2011
Apple’s Earnings Miss Blamed on Rumor MongeringYesterday something happened that hasn’t happened since 2001. Apple missed its quarterly earnings numbers. It’s an interesting phenomenon because it had nothing to do with the death of Steve Jobs. The company just didn’t sell as many iPhones and iPads as it thought it would. What is also interesting is Apples’ long history of given ridiculously low guidance to stock analysts then turning around and crushing their numbers. Not sure what happened here though. Did Apple finally try to
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