Apple Inc. (NASDAQ:AAPL) is to release its Q3 earnings today after the bell. Most analysts do not expect the usual blow-out results this time around however. Apple’s iPhone 4 did not sell exceptionally well due to rumors that the company will release an iPhone 5 with major upgrades later this year. Apple enthusiasts simply seem to be waiting it out. Accordingly, many analysts have revised their estimates of iPhone sales downward during the last...
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Moody’s Corporation (NYSE:MCO) downgrade of Germany’s AAA rating to ‘negative’ has set the cat among the pigeons. Concerns about the very existence of the Euro zone come to the forefront, as analysts worry about the impact the seemingly endless bailouts for its profligate neighbours would have on Germany, the main source of bankrolling for the aid. Here are two opposing viewpoints on the downgrade action by Moody’s. Point. Christian Schulz, an economist at Berenberg Bank in...
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