AAPL Earnings - Oct 18

Quote from S2007S:

WTF!!!!!


Apple misses

7.05 vs 7.31

only 17 million iphones sold??

Wow I'm actually reall surprised by this news!

Missed pretty badly!!!

Of course the excuse of less iphone sales is going to be because people were waiting for the iphone 4s...


Whisper # was 7.60 wheewwwww huge fu$king miss!

I think part of it was those holding out for the next gen iphone. We can see that in the sales of the 4GS. Looks like the iphone 3 and 3GS sold around 1 million (did a quick google so these numbers might be off). The iphone 4 i believe sold 1.7 million, and this 4GS has sold more than 4 million in the same 3 day time period. I also believe the HP touchpad wholesale giveaway affected sales of the ipad, though many thought it wouldn't... lastly Mac sales came in strong.
 
Quote from ForexForex:
10-18-11 03:32 PM


To compare the QQQ trade with an AAPL trade the AAPL 420 put is $8.90. The QQQ options have done better than AAPL options during the last two AAPL earnings.

Closed at $1.49

The AAPL options did better than the QQQ options during these earnings. The AAPL 420 put is trading at $24.75, up almost 200% while the QQQ put is up about 130%. Since AAPL makes up 14% of the QQQ the QQQ options are a good alternative to the AAPL options.



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I put the ELITE in Elitetrader :)
 
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