Why Apple’s Earnings Today Don’t Matter At All

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HFA Staff
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Apple Inc. (NASDAQ:AAPL) earnings don’t matter. I said it. The internet’s tech and financial journalists are salivating today at the prospect of the earnings announcement after the market closes this afternoon. Though I have written articles on it myself and will be waiting on tenterhooks for the announcement I am fully aware it’s a shadow game. Unless there is an incredible surprise today’s earnings are unlikely to have any real effect on the way Apple does business or the way investors see the firm. Apple Inc. (NASDAQ:AAPL) own estimates for this quarter, EPS of $8.50 and revenue of $32.5 billion, are well…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.