<blockquote><font size=1>In reply to:</font><hr><p>Apple consistently projects low so they can just as consistently beat their guidance. So, do you have a point?<p><hr></blockquote><p>Yes, the market still reacts to such forecasts whether it's logical to do so or not.<br><blockquote><font size=1>In reply to:</font><hr><p>10% drop in one day is pretty dramatic. It seems to me to be out of proportion to the usual aapl behavior.<p><hr></blockquote><p>Factors include recessionary tendencies, exceptionally low consumer confidence and fears about Steve Jobs' health.<br><br>km<br><br>