this report on 1/23 will go a long way to changing the sentiment in aapl. There is NOTHING wrong with aapl's fundamentals. The market has talked itself into believing otherwise. Reality will be announced on 1/23. Add China Mobile and an iTV in the coming months and aapl will gain steam throughout 2013, and end the year on a strong note over $900/share.
Always nice to see a post from you todd0888.
Do you get the feeling that funds are going to have to see some real numbers (as in earnings with good guidance)
for this thing to move?--to dispel all the concerns and fears that have been circulating--whether valid or not?
Your numbers are huge. I hope you are right.
One nagging concern I have is the markets ability to compress AAPL`s P/E irrationally at will.
aaplboost...aapl has definitely entered a show-me phase. No doubt, it must announce some big numbers on 1/23 to change sentiment, and I think they will. A couple things behind my numbers...the iPhone roll-out was the fastest ever reaching over 100 countries by the end of December. The Mini was huge for the quarter. Eps of $17.11 over prior year of $13.87 is growth of 23% which is a very conservative growth factor compared to year-over-year in recent quarters but consistent with many analysts growth rate forecasts. But the way, earnings of over $20 would NOT shock me. Lastly, I see aapl earning at least $62 FY13, and PE expansion to 14. So, pps by end of year of at least $850.