cnbc.com - 10/1/2008
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I won't call it a war, but an intriguing battle is shaping up on Wall Street on the opinions running rampant about Apple Inc . and its prospects, both for this quarter and the coming year. The week started with downgrades and pessimism from RBC Capital and Morgan Stanley. But yesterday, in the ...
cnbc.com - 9/26/2008
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cnbc.com —
There are downgrades, and there are downgrades, but
I have never seen the kind of downgrade parade...
marching through Wall Street this morning related to Research in Motion and its stock. The company's second quarter earnings were disappointing, but ...
(more)
RIM's "Irrational Exuberance" - Tech Check with Jim ...
cnbc.com - 9/29/2008
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cnbc.com —
It's not often--like almost never--that you see a
downgrade parade like the one for Apple this morning,...
that doesn't follow earnings or some kind of catalyst. But such is the case today for Apple , from the likes of RBC Capital , Morgan Stanley and ...
(more)
Apple's Surprising Downgrade Parade - Tech Check with ...
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CNBC’s Jim Goldman: Wall Street’s analysis of Apple needs some perspective and balance
MacDailyNews —
... on. What kind of bizarre game is that?" "I know Wall Street has a job to do. So does Apple. Apple routinely sandbags numbers, I believe, to lower expectations so it can 'beat the Street' when it releases earnings. They need to do better offering realistic guidance," Goldman writes. "But the Street also needs to do a better job managing its own expectations, and offering meaningful analysis of the data, not just the data itself. Both sides of the story." Full article - recommended - here . MacDailyNews Take: From what we can tell after years of doing this, Wall Street ...
Apple down more than market on mainly economic fears
BloggingStocks —
... that the worries are about the economy, not about anything Apple is doing wrong in itself. CNBC pointed out today that the downgrades were really about a survey showing that the percent of people saying they intended to buy various Apple products in the next few months slipped, but only slightly--which is really pretty positive in the current economic situation. It seems odd then that the stock getting hit harder than the market. It's not like Steve Jobs was into credit default swaps on sub-prime mortgages. ...
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