1. Higher margins than expected
2. Better guidance than expected
3. Dividend/Buyback announcement
Any of these 3 will cause a 10% jump...
A fourth unlikely one is some insight to a new product announcement..
The main problem is COOK SAT ON HIS #$%$ AND LET $280 BILLION GO DOWN THE DRAIN
Of course something could have been done to stop this
Now there is a 3 month down period that is the continuation of the previous 6 months so what is needed before the GREAT REBOUND IN THE OCT/DEC QUARTER???
A $40 BILLION SHARE BUYBACK NOT A DIV INCREASE REDUCE THE SHARE COUNT BY 10%
THATS THE TICKET AT THIS TIME
You think they are so stupid as to buy overpriced shares (by at least $200) when they are too cheap to buy quality companies. Last time they spent $20 mil on some loser and made noise like they spent $200 mil. lol
I think good chance of number 1 happening. Almost no chance of numbers 2 or 3 happening (3 likely to come but not today). Number 4 - zero chance.
Taking all this into account for myself, I see erratic trading AH based on the margin beat and EPS beat I am predicting and then a tank on guidance and then a recovery because it will be finally the bottom. That guess is as good as any - a guess.
Sentiment: Strong Buy
Spoken like someone who has been through earnings calls before. I completely agree and have been through a bunch myself. The only reason 3 could happen today is because there have already been comments by TC relative to active discussions. It's only natural for shareholders to want to know where those discussions are going - and since earnings calls are about $$$ it's a natural place to discuss it. In the past, Apple has not chosen to do so in earnings calls so I give it little chance of happening today but better than zero. New product announcements: zero chance. Good guidance: no way - Apple is ratcheting down expectations because they got so crazy.
I tend to agree with you. I would be surprised if margins don't beat. However, I think if 1 and 2 don't happen, Tim Cook will move #3 to the CC to protect his CEO inaugural price of 378... He doesn't want that area breached anymore than we do... So IMO we are guaranteed one of the three to occur if you believe TC wants to protect the 378 price range.