Up 474 now, should be 475 by 7 am. Will probably close 480-485. Range bound under 500 this week I think. Still have the China Mobile deal yet to announce, 3 new iPhones yet to come, China market, hopefully some kind of announcement on shares buy back. Forget about increase dividend, Apple will probably use that money to buy back shares instead. So with the possibility of another 3 announcements, we may see AAPL back to 500 - just don't know when.
Traderguru007: On the CC, Apple announced they will guide future revenue estimates on the HIGH end.
This stock isn't going up until it hits bottom. That's either 400 or 350.
I currently have no position in Apple.
Sentiment: Strong Sell
I was lucky enough to sell my 1500 shares after the report came out. The price came down too fast, even with two device on hand still lost few thousand. I will buy back in next two days, I think people just over react from those media news.
I was long till today. Now I`m only a confused man. I hold 30 shares which is $5000 down already. I never get back my money at least not within 1-2 year.
My main problem is that all the indexes are approaching all time high. So a general stock market pullback is coming soon I estimate it around Feb-March time frame.
I don`t know what to do. If due to some miracle AAPL bounces back to 500ish, I think I just capitulate and sell off.
If it goes down to 430, I may not sell, I would pray for better and check the price every minute for the next 10 days :)
Rub one out in the AM and then drink a tall protein shake, snort some coke, go work out at the gym, run an hour or so on the treadmill right behind the girl with teh nice #$%$. Pop a #$%$, rub another one out in the sauna. It'll be a good time
I am holding over $150,000 worth and will continue to hold through 2013. The best is yet to come. Lots of great news coming. I agree that we should inch back up tomorrow probably around $485 at close. That number seems to be the area it wants to be at right now. Its way oversold and panic drove it down tonight. That will change in the morning. Frankfurt traded down about where it stood after hours in USA tonight. Several analysts confirmed targets tonight one at $875. Several also said that they felt the earnings report was actually a good one...Hang in there. This will past and we will go higher!
Sentiment: Strong Buy