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.
I think Apple's growth prospects are still excellent, especially now that it is selling iPhones and iPads all over the world, particularly in China. The global market for Apple products is almost sure to be fruitful for many years. And if Apple only has one new awesome gadget up its sleeve, earnings—and Apple's stock price—can resume their upward march for years to come.