Apple Now 32% Below Price Target.
The gaping hole between Apple's price and its average price target is now the biggest of any stock in the S&P 100, and it's not even close.
** J.P. Morgan**
** I Know First system**
Time to BUY AAPL on dips is very near.
It's all about FORWARD GUIDANCE.
If numbers are a little soft, but guidance is strong, AAPL will go UP.
The street doesn't care about past numbers in December. It's SENTIMENT and FORWARD GUIDANCE, that's all.
Sentiment: Strong Buy
Why Is So Much Stupid Being Written About Apple?
Stop the hurt! For the love of all things rational and pretty, can someone please stop the hurt? It seems that everywhere I look today there's something stupid being written about Apple.
I'm not saying the people doing the writing are (necessarily) stupid, but the nonsense being bandied about by pundits far and wide could fertilize a vast amount of farmland.
Apple is expected to set a new quarterly record for revenue this quarter based on tremendous iPhone sales and the success of the iPad mini. The company is also looking to potentially break its earnings per share record.
Apple is reiterated a Buy with $760 price target at Goldman which says the company's opportunity in emerging markets is far greater than what investors give it credit for.
A survey of Chinese owners of an iDevice finds 9 out of 10 at least "likely" to stick with an Apple product for their next purchase, and more than 3 of 5 "highly likely" to do so.
Samsung has passed Apple to become the world's top chip buyer, per Gartner: the firm estimates Samsung accounted for 8% of global chip purchases last year thanks to a 28.9% increase in consumption to $23.9B. Apple bought $21.4B worth of chips (7.2% share), and H-P $14B (4.7%). Samsung is trying to source more of those chips internally, as evidenced by last year's acquisitions (I, II). Some major Samsung mobile chip suppliers: SWKS, RFMD, MXIM, BRCM, QCOM.