Why do you lie so shamelessly? What do you imagine you can accomplish by lying, when it's so easy to check?
Weekly opex max pain is still $435, lame-brained lying fool.
Hey, dimwit! Those are yesterday's numbers. Both keep falling by 20 to 60 cents per day.
What a moronic ignoramus.
Do you promise to leave this board forever when AAPL once again trades over its 50 & 100 dmas?
Yeah, it's summer & ahead of earnings there seems to be more short covering than buying to hold.
50 dma is $431.93 today. Would be great to close over it or the 100 day, $430.99.
Encountering some resistance at these levels, no surprise.
Will wait to see where it closes today & tomorrow. Needs three down days in a row to confirm a breakdown.
Options expiry if nothing else may drag it back over the line for Fri. close.
Have you considered getting an existence? No matter how miserable, it would have to be better than your present worse than worthless waste of precious time.
Earnings for 2013 are expected to be about 10% lower than in 2012, but to gain by at least that much in 2014 & thereafter, so profits are not falling long-term. Margins may well expand rather than contract.
Also, please show what numbers you relied upon to derive -17.9% for a yoy quarter, not that Qs matter much.
Still awaiting your even more hilarious explanation of AAPL's going out of business by next year.
Even those idiotically supposedly analogous companies you so stupidly & ignorantly mention are still in business or bought out, moron. Do you enjoy making a fool of yourself in public?
Fair value calculation, based upon conservative assumptions:
LT EPS growth of 11% times PEG ratio of 1.2 yields P/E of 13.2 times consensus EPS next year of $43.69 yields $576.71 per share now.
Please explain, lame-brain, how a company with $160 billion in the bank & more every Q could go out of business by next year.
This should be amusing.
AAPL isn't interested in helping out day-trading "shareholders" & even less in bailing out insane options gamblers with no equity. It is interested in increasing long-term shareholder value, which is what it should do.
AAPL doesn't need for its share price to return to $700 this year, or even next year. In fact, until its buy-back is complete, it has an interest in keeping prices in the $400s, in order to build long-term shareholder value.
Having said that, my one year target price (at which I would consider selling, depending upon outlook then) is $600, for a number of fundamental & technical reasons.
You lying sack of pig puke! Why do you lie?
AAPL forecast Q3 revenues of $33.5 billion-$35.5 billion, vs. $35.02 billion for this Q last year & $35.97 next Q last year. Do the arithmetic, if you can, loser. I'll help. Twenty percent of 35 is seven. Seven from 35 is 28.
Besides which, the year is meaningful. A singe Q isn't, for a variety of reasons obviously far beyond your ken, lame brain.
Now you fff off, liar.