AAPL BEATS, LOWERS 3Q Guidance

AAPL has a track record for not disappointing when earnings come along, some say it's because they underestimate guidance and then look like heros beating weak guidance. In any case, earnings and the market in general have less to do with what you did then with what you will do next? What's done is done, this is why stocks with great earnings sell off, poor guidance.

We'll see if AAPL's lowered guidance has any effect on investor perceptions of AAPL moving forward.