Beat by the Street

Only Apple.

Tim Cook likes that phrase so I’m going to co-opt it here.

Only Apple could launch a new, billion dollar product and have Wall Street decide to sell down the stock.

Only Apple could miss high-end analyst expectations (not moderate analysts, or even their own guidance; they beat that) and be called a major miss.

Only Apple could have a record sales and profit quarter- built on growth in nontraditional markets and new customers switching from other platforms- and be called “topped out."

But then again, only Apple could have done what they did this year.  Congrats.