Apple reports earnings on Jan 23. Bulls are out full force promoting the stock predicting 600 pps. Bears think the stock will decline to 425-450 and trade in a 425-550 range. They say the high growth innovation days are over. If Apple happens to meet earnings expectations next week will the pps rise? It all depends on what their guidance is for 2013. Based on cutbacks in analyst estimates and targets you may be able to pick up some fallen apples after earnings if you are patient and have a large basket ready for picking up those fallen Apples.
you could be right; but the opposite applies too.... if earnings are stupendous, and China Mobile deal announced, and more Buy Back approved by board, and if sales overseas exceed the forecasts... One will be sorry they didnt buy at this level... i believe the 51 out of 57 large raters say, with 12 month targets at 700 and 800