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Apple's Margin Massage

Stock quotes in this article: AAPL , MSFT , INTC , CNET , MFE  

Apple(AAPL Quote) has had a great run since an unexpectedly strong third quarter rekindled investor enthusiasm.

The stock has soared by nearly 40% in about three months, while the Nasdaq has appreciated by just 13%.

So with the computer maker poised to report fiscal fourth-quarter earnings after Wednesday's closing bell, investors are wondering if another strong quarter can elevate a stock that's within 20% of its all-time high.

The answer: yes, though immediate gains may not be great, and Apple's share price can be rather volatile around earnings time. ...

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