Honeymoon's Over?

Is there something wrong when a company ships 2.3 million of its products, earning 47% revenue growth from the previous year, equalling to a Net Quarterly profit of US$1 Billion dollars, which is earning each share, US$1.14 and a Cash Balance of US$18.4 Billion?  One would think, nothing's wrong and everything is all right, correct? One might even conclude that those running the company are doing a good job, would you think? Wall Street disagreed and Apple stock fell after it announced it had stellar performance in its First Quarter results: 

“Apple’s revenue grew 35 percent year-over-year to $9.6 billion, an increase of almost $2.5 billion over the previous December quarter’s record-breaking results,” said Peter Oppenheimer, Apple’s CFO. “Our strong results produced cash flow from operations of over $2.7 billion during the quarter, yielding an ending cash balance of over $18.4 billion. Looking ahead to the second quarter of fiscal 2008, we expect revenue of about $6.8 billion and earnings per diluted share of about $.94.”

Is Apple doing something wrong?  In a bearish market, guess the honeymoon's over.