Investor and Analyst Jitters Ahead of Apple’s Earnings Call Tomorrow
Tomorrow afternoon (Pacific time) Apple will hold a crucial earnings call—Q1 2013—which for Apple’s fiscal year means October–December 2012. This is both the holiday quarter and the first full quarter that the iPhone 5 has been available. With Apple stock teetering below $500 a share, concerns about the growth of the smartphone market, supply and production rumors, and everything else that we’ve heard rumored lately about Apple, analysts are more that a little jittery this morning. And it has nothing to do with drinking too many triple-shot Americanos to start the day.
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