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How far can fanboys carry Apple?

30
Oct
2013

Apple reported its results for the fiscal fourth quarter on Monday and it has been on something of a roller coaster ride since then. Shares fell 4% immediately following Apple’s report as investors balked at Apple’s slowing earnings growth, which handily topped consensus estimates but missed the Street’s steep whisper numbers. Shares climbed back into the black on Tuesday morning as a number of big banks increased their price targets and fiscal 2014 outlooks, and then it spiked again on Wednesday morning following a round of positive early reviews for the new iPad Air, which launches this Friday. But where the next few quarters are concerned, several important questions are now being raised. With Apple’s iPhone launches and iPad unveiling

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