AAPL

[hendi_alex]

Top line and bottom line beat expectations, but iPhone sales fell way short. Still numbers don't include likely growth in China after the new China Mobile deal. Dividend remains at $3.05. Shares are tumbling in after hours trading. I may sell a few puts tomorrow. Probably $500 strike.

[fiveoh]

I don't really get the huge drop AH. Iphone was supply constrained supposedly. I guess it's all about the lower Q2 guidance. It's a large position for me so it's going to hurt tomorrow. They still have another Q before its been a year anyway. Cash went up, although most of it is overseas still. Should see a div raise after the next one.