Wall Street Daily | Jul 26, 2013 07:14AM ET
We’re tackling all the following questions (and a little more) in this week’s edition of Friday Charts:
Please enjoy the answers!
Apple: Time to Bet “on the Come”?
1%. That’s all the sales growth Apple could muster up this quarter.
Talk about pathetic. For years, the company had delivered double-digit sales and profit growth like clockwork.
Don’t fret, though. Even with shares down about 40% from their all-time high in 2012, the new(ish) CEO wants us to hang tight on the promise of better growth ahead.
In his prepared statement, Cook said, “We are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”
In other words, he wants investors to bet “on the come.” I wouldn’t.
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