Cash on hand $137B plus EPS $50= $187. Company is worthless, target price $237. Apple will not exist in 5 years, cash on hand and worthless stock price make for compelling takeover target. Look to see Steven Ballmer looking over the shoulder of Tim Cook on big screen as Tim Cook begs for mercy. Employees at Apple begin to bail as maximum pain is directed to them. Stock options all worthless, why work for POS company?
EPS are not valued at face value and added to the price .... Instead the value you are adding is a present value of future earnings (basis finance) .... Price is way above 500 then but management are not responding and the investor community is walking ... stock will continue to go down until something positive comes up
This is what happens when management does not have their own net worth tied up in the stock. No apple exec or board member does. Most hold zero shares. Some just couple hundred. Why would they care? If the stock gets cut in half the board can double the stock grants to true them up. they only need to keep the company alive and thus hold onto the cash at all costs
cook is running the co. the co activities are disconnected fom the stock at this time and for the foreseable future. the stock is way undervalued but as incredible as it seems it will get much cheaper on damaged technicals.