Is the iBloom Off the iRose at Apple?

From NY Magazine: Corporate earnings are confusing things. Sometimes you'll see headlines like "Apple Profits Rise 24% on iPhone 5 Sales," and you might be like, Wow, Apple is amazing! And then you'll click another story and see "Apple Misses Wall Street 4Q expectations" and be very confused, because that doesn't sound good at all. It's all very Rorschach-y.

Today, Apple managed to both wow and disappoint investors. The company reported third-quarter revenue that slightly beat expectations, and profits that topped last year's numbers, but its earnings per share came in below expectations, and the company cut its earnings guidance for next quarter…..

Read all about it at http://nymag.com/daily/intel/2012/10/the-ibloom-off-the-irose-at-apple.html