They sure will post some profit. but when it is divided among all shareholders it will be less than peanuts.
Sell the Sh** and move on. Many companies out there to invest that have the potential to double in 1 to 2 years and pay hefty dividends as well. AAPL does not have the ability to double again EVER.
the market doesn't care about profits one way or another. if they did, msft and intel would be high priced. amzn and nflx would not be. market cares about perception of future growth opportunities. aapl management is too arrogant to try to manage those expectations and sentiments.
Well I said sell when this broke 530. Lot folks could believe it when I said this would print 400 and it may test 350. We are closing in on 400 fast. If you can stomach another 20 % drop then by all means hang on. The market doesn't care about "value" when the momentum turns against you. At this point, yes it is trading on technicals. AAPL hung onto 440 by a thread which was some kind of support. Now that that is broke the capitulation selling will begin.
Apple can and will stop this drop at some point, it has nearly $150B in its coffers. Once Apple decides to announce a buy back the drop will end. Why the company is allowing its loyal investors to go through so much pain in the meantime, though, is a complete mystery.
Yes. The market truly is pricing Apple for ZERO growth now- completely ignoring the fact that Apple is printing 16B per quarter. Simply put, the market is WRONG about AAPL. In time this will be a proven fact and many reports will be written on "just how bad the market got AAPL wrong"
Mark my words.
Who knows anymore it is so out of touch with reality now and a very broken stock. I never though it would break 500 but it has crashed straight through that and we have only had a handful of green days over the past 5 months it is seriously painful to watch now. At this rate it will be worth less per share than the cash they have in the bank and analysts will still try to spew #$%$ that it is overpriced, that is how outrageous is it.
This is trading on technicals right now. Just as you can ignore the valuation of LNKD on the move up, you can ignore AAPL's on the way down. It's also a way investors are saying that they are not happy with AAPL management right now. This stock has no catalyst so it should continue lower, especially now that the 52 week low has been breached. Do yourself a favor and don't buy until the low $400s.