Apple: What To Expect In The Upcoming Earnings Release And Why You Should Ignore It [Seeking Alpha]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Seeking Alpha
Ming Yeung/Getty Images NewsInvestment thesisApple Inc. (AAPLIn this article, I will first project what to expect. And then, more importantly, I will explain why you should ignore whatever is released on Thursday. These uncertain times are when we most need to be reminded of the wisdom from elders like Warren Buffett. Buffett was once asked about his AAPL position during an interview given his large and concentrated stake. You can see thefull interview hereYahoo Finance: how closely do you follow the company? You know, people are concerned they really have not introduced any new products.Buffett:Well, if you have to closely follow the company, you should not own it in the first place. If you buy a business, say you buy a farm, do you go up and look every couple of weeks to see how far the corn has grown up?AlthoughI do care over the years that it is well tended to in terms of rotating crops. And I hope yields get better.The above interview was conducted about 2 years ago, but the take
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