At first glance, Apple’s ( AAPL ) guidance for the all-important holiday season was a little weaker-than-expected, as the company guided gross margins to be between 36.5% and 37.5%. Upon further inspection, there’s more than meets the eye.
If yesterday’s trading action was an antidote to insomnia S&P 500 (INDEXSP .INX) shares edged up all of 2.34 points compared to the panic that engulfed Wall Street exactly 84 years earlier on the original “Black Monday,” boring was
We have a slate of big reports after the close, and none of them are bigger than the big red fruit itself Apple (AAPL). There is going to be a lot of focus on that cash situation