After hours trading seems to be giving Apple Inc. (AAPL) a beating. It's down over 2% at the moment following a $0.40 loss in today's regular session. Seems to be a reaction from their announcement of delaying the latest OS "Leopard." You would think yesterday's announcement about MGM pairing up with iTunes for movie downloads would have balanced the reaction out a little better. I really don't see an OS release delay having that big of an effect on their numbers.
Thursday, April 12, 2007
Over-Reaction
After hours trading seems to be giving Apple Inc. (AAPL) a beating. It's down over 2% at the moment following a $0.40 loss in today's regular session. Seems to be a reaction from their announcement of delaying the latest OS "Leopard." You would think yesterday's announcement about MGM pairing up with iTunes for movie downloads would have balanced the reaction out a little better. I really don't see an OS release delay having that big of an effect on their numbers.
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