Yesterday Goldman affirmed BUY rating with a $750 PT.
Last night Credit Suisse affirmed with a $750 PT; $57B of rev vs consensus/guidance of $54B/$54B, respectively. Vs guidance of $11.75/share EPS, they note $13.34 consensus and up to $14.59 on their own channel checks/data point work. They see "continued pad strength on platform dominance", "continuing innovation" (everything AAPL has done this year is innovative and leading the mobile revolution), and CY 2013 earnings above the street of $60.36/share vs the street consensus $44.88 for this year -- EPS growth of 35%.
Fun to think a stock growing at well above 25% CAGR for the last 5 years is trading at 1/2 the broad market... this super discount should begin evaporating no later than the 23rd if Tim's taunt is justified: " Don't bet against us."
how many people here realise that the reason our posts get deleted is becuase CNBC and YAHOO have a business relationship, last year they announced they would build a web site message board because CNBC wants a bigger online presense. suddenly we get this new yahoo format, suddenly we cant post links that would provide "proof" of our information. suddenly many posts arent allowed or they are deleted after being up for a short time. CNBC wants total control over the flow of information, its very obvious just watching them live on air, and now they have infiltrated and controled our one way of communicating to each other.
Notice the Demark timing call coincides? Target 1 Tuesday is the $519 gap from bs WSJ article last weekend.
Target 2 is $550 -- the support that failed on the "slowing orders" nonsense. Also see my post titled:
Volume production of Apple silicon looms as TSMC’s 2013 wafer shipments triple