if apple has declining revenue, margins and profit the past year(profits are now lowest in 2 years) all while the economy and stock market has been booming and it looks like the 4 year cycle is over and the economy should start to contract, once that happens, aapl profits that were already falling, will just begin falling faster, this is all expected and is why aapl is so "cheap" as you long like to say, eps is about 40 percent lower than they were a year ago and so is share price, earings are expected to continue to fall so the share price should be expected to fall as well
i cant post a chart on here but one year ago aapl was earning 14 bucks a share and is now barely earning 7 , 6 months ago they were earning 11, so down 40 percent in 6 months, down 50 percent in a year, oddly enough, the stock is down almost the exact percentage as their eps...now if i could put up a chart, the peak of their growth and profits would be clear as day as well as the direction the profits and stock price are headed..if you think the market will be willing to pay MORE for aapl now, than when they were earning 11 bucks, you are nuts,.
This last quarter was estimated to be the lowest and hardest quarter for Apple and yet they still surpassed expectations.
Apple is within 40-60 days of their most ambitious product roll-out cycle within the last 10 years. This will spark buying not just of their products, but also their stock price.
Apple has been a coiled spring for the past several months and this last quarter was the final hurdle they needed to pass before things start turning around.
Sentiment: Strong Buy
most ambitious product cycle roll out? what are they rolling out that will be as much of a game changer as the must have iphone, ipod and i pad?? those markets are being saturated and with products like the samsung galaxy, that incorporate a tablet, a phone and ipod in all one device, and at a cheaper price and the device is actually better than anything apple has, it will cut into revenue,growth and profit...besides, what were you imagining a world where everyone had an iphone, and ipad, an ipod , i watch and an itv?? lol, its human nature to reject that, humans want to be unique and will slowly gravitate from buying apple everything and like i said, the more all these devices merge into one device there will be no need to buy all that #$%$ anyway