This now puts Apples Q1 earnings over $15.00.
More multiple contraction. Unbelievable.
Apple is the most institutional owned stock in the ETIRE stock market. Could all THESE people be wrong? Could David Einhorn be wrong? Apple is Greenlight's number 1 holding? Could Bill Miller be wrong calling Apple a generational buy and a deep discount? Could Carl Icahn be wrong dumping 4 billion into the stock?
I don't know why I still come to this board. Once you ignore all of the morons sitting in their parents basement there are virtually no posters with anything of value to say left. There use to be some smart posters, but they have all moved-on. Occasionally, I will find a good post from someone on the ground in China or someone with a good understanding of the industry. But, those posts are few and far between.
Apple beats by 41 cents and prints more cash and goes down 10%. Something is wrong here.
You missed the point. Google confirmed today that they are a one trick pony. They haven't figured-out how to make money any other way that search. And, they likely won't ever. And search revenues are in secular decline.
They have 30 billion left in the buy-back. They should be hitting the ask and supporting the price. They should then announce an increase buy-back at the shareholders meeting in February.
It's his fault that they were supply constrained on the 5s. They made a HUGE miscalculation on the demand for the plastic 5c and therefore under-planned for the production of the 5s. That was a bush league mistake. And he is supposed to be a supply chain genius....
Also, China Unicom and China Telecom were only selling in the month of December in 2012. They were both selling for the full quarter in 2013.
You think 20 is a small number, but a number as small as "1" can be significant in life. Look what "1" extra chromosome did to you.
Actually, if you translate the text that Shawn posted, it seems that gold is not the most popular color at China Mobile.
Your an idiot. Go back to your Worlds of Warcraft game.
If history always repeated itself in the stock market everyone would be rich.
90% of those guys are abject morons writing articles from their parents basement.
Samsung was predicting 13 million unit sales of the g4 as late as December. The sold 9 million for the quarter. Those missing 4 million units went right into Apples pocket. Meanwhile, the Chinese are beating them up at the low end. That 20 billion dollar ad budget will have to come down soon as earnings continue to decline. Samsung will not be a player in the high-end smart phone game in the next 2-3 years. They will be fighting for scraps at the low-end with Chinese OEM's that will destroy them.