A stock that had trailing $44 in earnings was worth $700, but now that the outlook has been reduced by a few bucks, let's say $5, $39 trailing earnings is only worth $400, a P/E of 15 vs. 10? Makes no sense to me.
not a lot of people want to buy a company that has negative earnings growth. It doesn't take a mathematical genius to figure out that if the negative earnings growth continues, eventually Apple would be losing money. This isn't going to happen, of course, but most "investors" have no more than a 3-month time horizon. Apple is projected to continue to report slowing growth for the next three months. Hence, no one wants to own.
Apple stock price is going lower. $380 is almost guaranteed at this point. Maybe $350.
trend trading has overtaken and surpassed everything else by a wide margin.
the HFT and trend traders are driving the bus so speak, more so now than ever because of HFT
basically if you are stock picking , you really have to pay attention to the charts or you can get burned big time
easiest question on Wall Street today is yours. The 101 million articles in the last 3 months saying that AAPL is really a one-pony hand-held company that basically is getting two new competitors a year and so growth, which that hefty price was based upon, is going to dwindle. Well, WS always prices in news now, so dwindle on.
It cannot be logically explained. The market is often illogical in the short run. The vast majority of retail investors fail to make money by day trading and stock picking because they are the last to buy (high) and the last to sell (low). They buy/sell on emotional momentum. At this point Most retail investors are OUT of Apple because of the illogical short term emotional action. However, the rare investor is patience and willing to ride the pain back to a big gain. When will this turn around for aapl is the question...not IF.
Sentiment: Strong Buy
Believe me, the stock market is a gambling mecca ( Las Vegas) in east coast. Every dollar real invester spend 60% goes to hedge funds, 30 % to Uncle Sam and 10 % give back to poor individual shareholders like me and you.
Lol, the fact you are serious makes me laugh. Once growth slows and earnings contract a company isnt nearly as attractive as an investment. Long term Apple might recover, but everyone knows the next two quarters are going to suck. If you think adding a finger print sensor is going to get people excited you are fooling yourself. Bottom line they need a completely new product line that is profitable and it doesnt look like they have anything that fits the bill.
However a dividend increase should support a $400 price, if not look for $350.
LOL! The market is a bunch of morons like you that are clueless....why would I listen, especially when you say "future cash flows" and elude that CASH is going to be a problem for a company with one of the largest cash bankrolls in the corporate history! Besides, LIKE I SAID, the price has ALREADY lost 40%+ from it's high. Pay attention.
Difference between looking in your rear view mirror and the road ahead of you. Companies are not valued based on historical earnings. Investors don't see a promising road map and don't believe those earnings levels awill be maintained.
yep... and the market believed that apple had no future in 2009 when it was trading at 3x cash and a peg value of ~1/2 also. now they have 100% more in just cash than there entire mrkt cap then and it was just few years ago. keep belivin that the company has any relationship to the stock and you will be loose... this is all about the massive call options that built up over the last year... why do you think it magically slowed here just above 400 with highest put o/i there... lol
Dakota they just came off the best quarter ever in the history of the world for tech earnings. They also said they would've sold even more if they didn't have supply constraints. That is not promising enough? Lmfao at that logic.