Archive

Wall Street’s Irrational Negative Reaction to Apple’s Earnings Report

Irrational Negativity

Wall Street is acting as if Apple’s results are terrible—because how well a company does is based solely on the Street’s expectations, says Zachary Karabell.

articles/2012/07/25/wall-street-s-irrational-negative-reaction-to-apple-s-earnings-report/apple-earnings-karabell_qutbcg
Peter Parks / Getty Images

Got a tip? Send it to The Daily Beast here.