After the close yesterday, Macquarie launched coverage of AAPL with an "outperform" endorsement and a $630 price target -- which represents expected upside of 19.2% from the stock's current perch at $528.70. However, while Apple Inc. is no stranger to optimistic analyst attention -- 27 out of 36 covering brokerage firms offer up "buy" or better ratings -- the options crowd has grown wary of late. On the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the security's 10-day put/call volume ratio of 0.72 sits 8 percentage points from an annual high, pointing to a healthier-than-usual appetite for long puts over calls. Nevertheless, short-term traders are gambling at a relative discount, as AAPL's Schaeffer's Volatility Index (SVI) of 19% has been lower just 3% of the time during the past year.
you should have bought the out of the money ƒucking call option dip yesterday, richey. hope this helps.
likely a $533 print to round up smartly.
it was after hours yesterday so i must have missed your post to the chat board jenn.
happy happy lads
moving forward together
join us hope this helps
Update Our system’s recommendation today is to STAY LONG. The previous BUY recommendation was issued on 3/18/2014, 2 days ago, when the stock price was 527.2800. Since then AAPL has risen by +0.27%.
The market is not rosy but our bullish bet is still valid. The share price is above the confirmation level, and the signal suggests to STAY LONG. There is not a definite sign to disturb your comfort.
Stop Loss $523.00
- computer algorithim
Apple's (AAPL) iTunes/Software Will Make up for Hardware Challenges; Macquarie Starts at 'Outperform'
March 21, 2014 6:18 AM EDT Send to a Friend
Macquarie starts Apple (Nasdaq: AAPL) at Outperform and price target of $630.
Analyst Ben Schachter is looking for over 11 percent year-over-year growth of iPhone sales (up 7 percent in Apple's fiscal year) due to the new iPhone 6 product cycle. iPad sales are expected to be flat to slightly up from last year.
Schacter sees iTunes and Software and Service becoming a bigger part of Apple's story. He comments, we believe that this underappreciated business will be a key profit growth driver. In 2012, this business accounted for just 8% of sales and ~12% of EBIT (est). We expect that by 2016 it will grow to 13% of sales and a very notable 30% of total EBIT. By 2020, it could drive almost 40% of Apple’s profits. In fact, on a gross revenue basis, AAPL’s iTunes/Software/Services business should generate ~$30b in 2014 sales.
Apple's iPad and Mac are also expected to face greater challenges moving forward. Schacter said, Over the longer term, we believe that all three AAPL hardware categories will come under pricing and other competitive pressures. With limited insight into new features to drive these businesses, we are forecasting limited growth post the iPhone 6 upgrade cycle.
Bottom line: while Apple’s current hardware businesses face many challenges and new product introductions remain uncertain, its high-margin iTunes/Software/Services businesses will drive profit growth."
again set my stop loss @ $523.00 even for tomorrow mornin. so you chicago board of options banditos need to take me out. so giddy up gangsters. anywho i will just buyback the ƒucking call option dip. its a kobayashi maru no-win scenario for you lads. bring it on!
"You know what capitalism is? Gettin' phucked!"
lads pce is hovering at fifty year lows. again deflation is the mammoth problem here. check out the chart.
so me thinks the market rallies hard on qe infinity. jus sayin.
have you noticed that the pigeons of today are much lager than last year?
anywho the feds yellen is a dove, that`s part of the pigeon family, yes?
so lets see what happens this afternoon.
did you read isi group analyst marshall report on this matter monday? iPhab is a DONE DEAL and will lead to the ``motherload`` of all iPhone upgrades this fall.
can you comment on apple taking her fifty day moving average?
A soldier will fight long and hard for a bit of colored ribbon.
that would be a BLOWOUT of top and bottom line estimates . and i suspect they will raise q3 on the china mobile ``new deal`` just as iP6 becomes accretive to earnings in q4. so best to buy in advance of all this material news lads.
hope this helps
that`s a lot lads
the computer algorithm said to set my stop loss at $523.00 even. so its all good. anywho i will just buy the ƒucking call option dip to protect my common. hope this helps.
off for lunch lads jonesing for a labatt 50 ale and a stack of montreal corned beef on german rye smothered with fresh hot mustered and a polish dill pickle on the side. hope this helps.