Apple 10271 Published by Bob 0

Usually, on days when Apple reports earnings, giddy investors have a chuckle about the company's famously conservative forecasts and proceed to load up on the stock -- confident that Apple's closely guarded pipeline of new products will keep sales and profits on the rise. However, investors found little to laugh about in Apple's latest forecast.

Was the Apple Sell-Off Savvy or Senseless

Apple 10271 Published by Bob 0

Apple posted a strong holiday quarter Tuesday, with record profit powered by Mac sales growth and more expensive iPods, but disappointed with a weaker-than-expected outlook that investors used as a reason to punish the company's once high-flying shares. Apple stock quickly plunged more than 11 percent in after-hours trading Tuesday, in the wake of the earnings release.

Apple Shares Nosedive on Limp Outlook