Will this be a blowout quarter for the tech giant APPLE (AAPL)? Apple the worlds largest company by market cap, is set to release there quarterly earnings for q1 2013, at 4:30pm EST after the bell. This report will come 1 day after googles report tomorrow. This is going to be the most important quarter for apple. If it misses we could see a retest of the 400 or even 300 levels. But i do think the chances we see a miss is very low. I mean just look at the mobile phone carriers, they are reporting record quarters driven by the apple iphone. When trying to buy a macbook or iphone at your local best buy or electronics store you see that they are all off the shelves and sold out. These are all indications that apple is set to release a blowout quarter and will arguably be the best quarter in apples history even beating its record quarter last quarter in q1 2012. But whatever happens on the 23rd will change apple forever. I maintain a $600 price target on apple by early or late February.
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