Stock Exchange

Apple just reported the most profitable year of any company ever, the fourth-most profitable quarter of any company ever, and the stock tanked after hours.

Daring Fireball

As Lensco put it:

Some Apple journalists discovered today that the stock exchange (and by extension the whole financial world) has nothing to do with reality.

Update 2013.01.29: Today a fake tweet (!) even sent a company’s stock spiralling down: False tweet sent a company’s stock plummeting more than 25 percent →