Apple's Quarterly Groundhog Day

The response to the Apple Computer (AAPL) earnings was just like the Bill Murray movie Groundhog Day. It seems that every time AAPL reports the company beats analysts’ consensus estimates; guides to lower expectations for the next quarter; and, then trades lower. Then once again the next quarter we hit the replay button and the same happens all over again.

If you want to find fault with the lowered margin numbers then OK sell the stock. Just realize that even with Mac sales on the rise, an increasing product mix including iPhones and iPod will lower margins. Does anyone care that Mac is stealing market share from Microsoft (MSFT) every single quarter? I do.