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DownWithPumpers

06/14/13 2:11 PM

#99255 RE: DD2Gain #99254

I work with folks from Singapore and Norway among many other places and they scramble to purchase iPhones at much higher prices than in the U.S.

The news reports showed this trend changing overnight.

From 67% revenue growth to 8% in one quarter.

http://bgr.com/2013/04/23/apple-q2-earnings-analysis-460180/

And since the horrible earnings report Apple stock is up 40 bucks per share. I guess everyone is assuming that the negative trend is only going to last 3 months.

But what if it continues?