In the video below, tech analysts Andrew Tonner and Eric Bleeker discuss Apple's (Nasdaq: AAPL) earnings, which came after the bell and were disappointing enough that the company's shares are down 10% in after-hours trading. 

As Eric discusses, Apple was down closer to 4% before its earnings call when it reaffirmed it was no longer "low-balling" its guidance for future quarters. Once Apple clarified its new stance on guidance, the focus shifted to next quarter. In that quarter, it is projecting $41 billion to $43 billion in revenue, which is well below expectations that it would be able to achieve $45.6 billion in earnings. The saving grace for Apple investors? In after-hours trading, Apple's ex-cash P/E is down to an anemic seven times earnings. To learn Eric and Andrew's thoughts, watch the video below. 

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.