I'm sure the current quarter will be strong. It's what multiple you apply to a 1 trick pony that is highly vulnerable to competition. I say 3x earnings. Apple can easily destroy Leapfrog within the next year.
I agree...but not for the reason you state. I figure they will meet the estimates for the quarter. But, the big if is how much "stuff" is left on the shelves after XMAS. Remember, last year most everything was sold out leaving little left on the shelves.
But, this year I am seeing lots of SW stacking up on the shelves. (TRU has been selling the s/w @ 2 for one for two weeks now). This really kills the margins.
But, asIi have said before, the 1st QRT of 2013 will be well BELOW this years 1st. Result = a P/E of 6 after anouncement. Thus: .80/yr(2012) x 6 = abot $5/shr. Good Short.
Apple has a much bigger problem than kids toys....
Like stop losing market share to Samsung, google and android. But I'm sure they are gonna go make a 60 dollar kids toy. Talk about LMFAO. Might be the worse post I've read on this site in quite some time.