Apple’s Solid-After-All Quarter In Charts
Apple is still growing, but slower than before. And it’s not as profitable as it was a year ago — a rare reversal. But it’s still solid.
Q2 2013 and investing in Apple | iMore.com
To me this speaks volumes about management’s confidence. They’re telling us the stock is undervalued. As Cook said, they are “investing in Apple”. But in reality they are taking advantage of information they have about the company’s long term product roadmap that Wall Street doesn’t have as much faith in.