Thursday, January 24, 2013

An Apple store in Los Angeles is shown in this Jan. 23, 2013 photo. (Kevork ...

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An Apple store in Los Angeles is shown in this Jan. 23, 2013 photo. (Kevork ...

For the longest time, Apple bulls could sneer at Microsoft. After peaking in December of 1999 at $58, Microsoft slipped to $22 a year later. Since then it's failed to break out of the $17-$36 range. It looks flat if you look at it over a ten year period.

Tech giant, Apple Inc.(AAPL ) reported a slight decline in earnings for their first quarter, beating analysts expectations. The Cupertino, CA based company reported first quarter earnings of $13.1 billion, or $13.81 per share, compared to last years

Commenting on the quarter, Wu notes: "AAPL reported the strongest quarter in its 36-yr history adding $16 billion in cash but below expectations of a bigger beat that investors have grown accustomed to. iPhone and iPads were decent but Macs missed

Just because AAPL longs needed some more salt rubbed in their wounds, here comes Apple's cartooniest analyst who heretofore had the highest price target on AAPL some 140% higher than where it is now, and working at

Just because AAPL longs needed some more salt rubbed in their wounds, here comes Apple's cartooniest analyst who heretofore had the highest price target on AAPL some 140% higher than where it is now, and working at

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