UPDATE: APPLE HAS ERASED ITS AFTER-HOURS LOSS!

UPDATE II:

Amazing! Apple has erased its after-hours losses! Now flat!

Full coverage here >

UPDATE:

The post-earnings bloodshed is not quite as bad as people thought.

Apple is down about 1.5%.

That’s not quite as bad as some folks had predicted, when the entire QQQ NASDAQ 100 ETF was down 1.5%.

Full coverage is here >

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Apple is going to tank after its earnings miss.

How do we know?

Because the powershares QQQ ETF ( which measures the NASDAQ) is off over 1% right now, implying a big fall in its most important asset: Apple.

Get full Apple coverage here >

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