The news briefly sent Apple shares to a new 52-week high, but they had settled back by the close of the market.

Apple shares fell $5.25 each today to close at $44.25 in Nasdaq trading.

"Over the past several days, Apple shares have pulled back as expectations have likely come down."

Apple shares closed down $1.62 before the earnings were released.

The following day, Apple shares hit $97.80, an all-time high at that point.

His average cost, at year-end, was $26 a share, and he has even bought some more Apple shares this year.

Most investors, though, are skeptical that now is the time to buy Apple shares.

Apple shares fell $1.813 to close at $27.313 in heavy Nasdaq trading.

The results lifted Apple shares as much as $2.08 after hours.

Apple shares closed up 63 cents, at $17.19, on the Nasdaq stock market.