Tuesday, 24 July 2012

Apple Earnings: AAPL Reports Disappointing Third-Quarter Earnings

Apple sold 17 million iPads in the June-ending quarter this year, up from 9.25 million iPads sold in the June-ending quarter last year. The Wall Street consensus estimate for iPad sales was 16 million units. This is the first fullIt is essential to recognize that as earnings announcements approach, there is a consistent and predictable pattern of increase in the implied volatility of options. This juiced implied volatility reliably collapses toward historical(By Balachander) Apple Inc.

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