Apple is another company that posted their results after the market closing. That's what they announced:Apple® today announced financial results for its fiscal 2016 second quarter ended March 26, 2016. The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share. These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 40.8 percent in the year-ago quarter. International sales accounted for 67 percent of the quarter’s revenue.“We generated strong operating cash flow of $11.6 billion and returned $10 billion to shareholders through our capital return program during the March quarter,” said Luca Maestri, Apple’s CFO. “Thanks to the strength of our business results, we are happy to be announcing today a further increase of the program to $250 billion.” Do you know why the stock dropped after hours? Because analysts expected $52 billion revenue and EPS of $2, according S&P Global Market Intelligence. Yes, the revenue dropped compare to the same period last year, but the company reached the $50.6B in sales, introduced the new iPhone a few weeks ago and I am pretty sure it will avoid the significant revenue drop next quarter. I still believe that the company's performance is strong, make your own due dil before following any analysts. But here is the same case we just saw with TWTR: the stock dropped just because it missed the analysts' estimates. I think that we have a huge problem, market is irrational because of some "top-tier" analysts. Here is the webcast starting in a few minutes with Tim Cook and his colleagues explaining the company's quarter results: http://www.apple.com/investor/earnings-call/