by: Andy Cole posted on: July 25, 2008 | about stocks: AAPL ), once a must have stock in any portfolio, is now the latest company to begin showing some sings of serious near-term weakness. Their latest quarter, all things considered, can only be considered lackluster at best. On the bottom line, the company earned $1.19/share, well above analyst expectations of $1.07/share. (See conference call transcript.) The problems, however, began with Apple’s forecasts into the next year. Apple stated that margins would fall from the current 34.8% to 31.5% in the next quarter. As if that wasn’t enough, the company said it would see gross margins of about 30% in 2009. These figures are all well below what analysts had been predicting into the next few years and the stock has reacted appropriately. Steve Jobs’ current health is an...
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