All right, just yesterday I was suggesting that Apple would record good sales for Macs and the iPhone, and, based on a preliminary survey, suggested iPod sales might decline slightly. But, as usual, Apple made the industry analysts and Wall Street money people look foolish. In the final quarter of 2008, which is actually the […]

What with all the scandals about the way large financial institutions handled questionable home loans and other costly transactions, you wonder why anyone would grant an ounce of credibility to Wall Street. To a small degree, I speak from a bad personal experience, which may be apropos of nothing in the scheme of things, though […]

Just ahead of the news of Apple’s stellar quarterly financials, their stock price increased a trickle, which seems at wide variance with the results. In brief, Apple beat the street, as is typical, with record sales of $7.46 billion for the quarter ending June 28, 2008. Profits came in at $1.07 billion, or $1.19 per […]

I know Wall Street dwells on negatives these days, particularly because of economic troubles in the U.S. Indeed, Apple’s stock tanked in after-hours trading after its quarterly financials were released Tuesday afternoon. But there are an awful lot of good things to talk about, even if investors don’t see it that way. First and foremost, […]