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Stock impact report

Apple: Stuck In The Mud [Seeking Alpha]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Seeking Alpha
Apple: Stuck In The Mud Apple Is An iPhone Business I have written on this specific issue in the past. No matter how you spin it, Apple's (NASDAQ: AAPL The mistake I made was believing that iPhone shipments were to only go up or flatten out over time. This was the basis of my $260 target when I initiated coverage on the stock. I now admit that I was dead wrong iPhone's First Weak Spot: Emerging Markets 62% of Apple's fiscal Q1 revenues came from emerging markets like China and Europe. This part of Apple's business has been under investor scrutiny for its weakness. Emerging markets' weakness has been one of the key reasons for Apple's overall revenue shortfall. While I believe management places too much of the blame on a deteriorating macro climate, I do believe there is still some blame to be placed on a worsening macroeconomic climate. I'm referring specifically to Apple's inability to sell their premium devices into end markets like China and India. I'll attack this critical argumen Show less Read more
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