Apple does it again, showing a 31% increase in profit, year over year. And how does the market react? The stock fell more than $17 in after-market trading. I would challenge you to find any other computer or electronics company experiencing double digit growth consistentlt, year-over-year, every single quarter.
What would it take for Wall Street to treat this stock with a little respect? The stock's current value virtually ignores the iPhone as a revenue generator. Meanwhile companies in other sectors are rewarded for posting losses that weren't as bad as expected.
It just doesn't make any sense. We could go on for half an hour about this, and actually we did:
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