Why doesn't my stock go up, then?

Seems Apple is doing pretty well:
Apple on Tuesday reported revenue of $9.6 billion and net quarterly profit of $1.58 billion, or $1.76 per diluted share.

So why this, then?
As of 5:35 p.m. EST on Tuesday, Apple's stock was down 13.10% from its 157.45 close.

Rico says the market is an idiot. Of course, the markets as a whole are taking a bath, driven by fears of recession, so this shouldn't really be a surprise.

But a pink iPod? That reeks of desperation...