Why Are Investors Disappointed With Apple's Earnings?

The transcript discusses Apple's revenue guidance, gross margin, and currency issues, highlighting investor expectations for the iPhone 8. It compares buy side and sell side sentiments, noting a shift towards a more positive outlook. The iPhone 7's features and upgrades are analyzed, with a focus on its impact on stock performance. Apple's forecasting strategy is examined, suggesting a conservative approach to manage expectations and inventory challenges.

What factors are influencing the stock performance of Apple according to the text?

How does the buy side sentiment towards Apple compare to the sell side estimates?

What are the expectations for the iPhone 8 based on the discussion in the text?

What upgrades are mentioned that could positively impact Apple's stock performance?

What historical patterns regarding Apple's forecasts are mentioned in the text?