thomas fitzgerald.net

From Business Week:

“…with the stock’s recent run-up, in the face of that hurricane-force headwind called tanking consumer spending, it seemed Wall Street’s crystal ball was cloudier than usual.

Today’s earnings should have provided some financial Windex. The company handily beat revenue estimates, posting sales of $7.51 billion (versus consensus of $6.95 billion). As everyone expected, the Mac is the biggest story.”

[Read Byte of the Apple Apple's Q2 Earnings: What Economic Downturn? - BusinessWeek]