AAPL - declines on superb earnings

Whilst stocks like Amazon (AMZN) can soar 15% on a quarterly loss, Apple (AAPL) saw a net daily decline of -1.6% @ $130.52 (intra low 129.57).. after earnings beat on just about every metric. Despite the markets reaction, the long term outlook remains extremely bullish.. into the $200s.


AAPL, daily

AAPL, monthly

Summary

Suffice to say... the polar opposite of the grossly over-priced/hyped AMZN.

It is truly incredible to see a company that raises the dividend, beats on EPS/revenue, and yet the stock opens lower... all against the recent results of AMZN.. in which the stock soared.

... without question, it remains a deeply twisted market which will often grossly mis-price a given company.
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In the long term though.. AMZN.. .and AAPL will be duly priced as they deserve to be.