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And this evening Apple released their Q2 numbers:
Earnings of $2.33 per share (analysts expected $2.16)
Total sales of $58 billion, market expected $56 billion
Apple traded up 1.8% during trading day and 1.4% in the after market after report had been published.
Apple also announced it will increase its program to buy back shares, to $140 billion, up from previously $90 billion.
Apple sold 61.2 million iPhones, market expected 58.2 million iPhones.
For the first time, the amount of iPhones sold in China surpassed the amount sold in the US during the period.
Sales of iPad and Macs were slightly down.
Seems to be doing very good at the moment, I do not see any sudden drop in the Apple share price. At least not anytime soon.
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The truth is not affected by the beliefs, or doubts, of the majority.
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