Apple (AAPL) will report its quarterly earnings today after the close of the market’s trading day. It’s a report that everyone is patiently waiting to hear. We already know that the earnings and expectations for the iPad are going to knock their revenues out of the park – the REAL question is what will it do after? Did everyone already price in the move? Dare we all forget what happened to GOOGLE?
Apple’s share price has been setting all-time highs since March 5, and last week it came within touching distance of the crazy share price just at $250. That’s over a 220% increase in 15 months. Analysts at Trefis figure that the iPhone accounts for 51.5% and the iPad only 4.3% of Apple’s fair market value, which they estimate at about $267 a share — nearly $20 above last week’s closing price.
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