I hope there is a massive sell-off so that I can have a second chance at doubling-down on my recent purchase of 40 shares @ $130. I was hesitant to buy even more at $120 since I am already over-weighted in tech. I won't make that mistake twice if there's another big dip in AAPL.

This is a great result. My understanding is that anything over 10 million iPods would be seen as a good sign, with some people estimating more like 9 million. Topping out over 10 and a half million is very solid.

After trading is always volatile, due to much smaller number of traders compared to when the market is in session. Any inbalance in the buying selling quantity will change the price, sometimes dramatically.

Lots of people probably tried to sell at $171, thus sellers > buyers and thus drove the price down.

well since Apple merely had the best 2nd quarter ever and not the best 2nd quarter of any company in the history of the universe, there will be a massive sell-off tomorrow as Apple 'underperforms' investor expectations.

When will you all learn. The stock price for any company is based on perception and future expectations. Once earnings are announced, they are history, and have very little to do with what the price of the stock will be from that point forward.

What matters most is then the future outlook that the company spews forth. The past is the past, and is meaningless in the business world. It no longer matters that Apple sold 10 million iPods this quarter. Its now "How many iPods will they sell next quarter".

Thank You AAPL management for not letting the stock to get too overheated before the 3G and the iPhone SDK in June. Maybe this will prompt a few of the clueless analysts to downgrade AAPL near term so us smart ones can gobble it up at a lower price. Some of these idiots on Wall st. have no idea what's in store once the 3G and iPhone apps ecosystem gets rolling, not to mention additional iPhone models, opening up networks in Europe, etc.

How many companies can nail down how much of a brand new product they will truly sell before they have ever entered that market.. ie announcing they WILL sell 10 mil+ iphones before they have ever even announced the product to the public. These guys running Apple know what the h*** they are doing, it's amazing.

"When will you all learn."

geesh, thanks for the lesson, but what the h*** does that have to do with the quote you're responding to? uh, nothing. you just needed to quote somebody, anybody!, cause, well, that's what you do. how annoying and so very sad. go away already, we're so very tired of you.

This company has grown in leaps and bounds over the last couple of years. This quarter's revenue is up TWO BILLION from a year ago.



AAPL is a once-in-a-lifetime stock, and business management model. MBAs will be studying these guys for eternity (but will never get it).

It has to do with the concept that some people can't get their heads around: That a great financial quarter doesn't mean the stock price will automatically go through the roof. The only thing analysts care about are "Did you beat our expectations, and what's next quarter like?"

Many a people on these boards have been trying to 'educate' the non-stock types to explain to them why Apple's "great results" doesn't cause a price of $250, yet every quarter it's the same freakin' comments "Oh, sure, great quarter, and so that means the stock's going to tank. Don't these analysts know anything?"

But, hey, why bother trying to understand the post, when you can just find a quote that you can criticize someone on.