The price increase will come AFTER the buyback is finished as eps will be higher and P/E ratio lower. For now, nefarious forces are keeping the stock price low DURING the buyback so AAPL can buy cheaper.
Just in case anyone is keeping track of the 36 analyst strong buys and 2 sell ratings.
Apple owns the world's largest hedge fund, called Braeburn Capital. They manage AAPL's cash hoard and have over $110 billion. My guess (and I think it's a good one) is that Braeburn Capital is largely responsible for holding down the stock price so AAPL can buy back the stock at very depressed prices. This is the reason why I feel once AAPL slows down it's buyback, the stock will go up parabolically.
AAPL stock went up $50 during Thanksgiving week when all the big boys (ie Braeburn) were on vacation. I expect a similar performance during Christmas week.
The moment the 5C was introduced at only $100 less than the 5S, I knew that wouldn't be enough of an incentive for people to buy it. Anyone shelling out that much money would probably buy the 5S. The price point was never right for the 5C, but it won't hurt 5S sales.
AAPL is buying back $60 billion of it's own shares. Do you think he will want the stock price to go up, or by as cheap as he can? Hint: Cheaper is better for the company in the long run
AAPL is forming a cup and handle pattern. It will go parabolic and retest $675 very quickly when they decide to let it run. AAPL's Q1 will be historic and record breaking, margins will be higher than most are anticipating and when the CHL announcement finally does get announced, this baby will be at all-time highs.
Manipulators can only hold this stock down for so long. By the way, the manipulator happens to be Braeburn Capital, which is Apple's very own hedge fund that manages it's cash hoard. Braeburn is holding down the stock price so AAPL can continue it's $60 billion buyback, with $30 billion left to go.
$30 billion buyback left to go. TC wants lower prices for now.
December 18, 2013, 5:10 P.M. ET
Susquehanna Financial Group‘s Christopher Caso this afternoon reiterates a “Positive” rating on Apple (AAPL) stock, and raises his price target to $650 from $625, writing that his “checks” of Apple’s manufacturing partners and suppliers suggest that there has been a “significant production shift from iPhone 5S to 5C,” which “imply a much stronger mix than originally anticipated, benefiting both revenue and margins.
Caso raises his estimate for the current quarter, Apple’s fiscal Q1, to $57.1 billion and $14.02 per share from a prior $56.6 billion and $13.54. Mind you, that includes a million more iPads than he’d previously expected, 24 million, again, based on his checks.
Although Caso continues to believe the debut of an “iPhone 6” in 2014 is a more important development for Apple, he thinks the iPhone 5 doing better than expected diminishes the pressure on the company to get the new model to market. He continues, however, to think the 6 might ship in June or July, earlier than past years:
Don't expect Tim Cook to come to the rescue for the stock price. But you can bet he's slashing and burning to buy all he can at this bargain price, $30 billion more needed to complete the buyback.
Since everyone is betting against AAPL now, the price will go higher. Short term correction. JPM upgraded stock today, they are kings of manipulation so watch some magic get pulled out of the hat to make it go higher.
Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, thirty-five have issued a buy rating and three have given a strong buy rating to the stock.
A number of other analysts have also recently weighed in on AAPL. Analysts at MS raised their price target on shares of Apple from $585.00 to $630.00 in a research note to investors on Monday. Separately, analysts at Jefferies Group raised their price target on shares of Apple from $600.00 to $650.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of Apple from $580.00 to $600.00 in a research note to investors on Thursday, December 12th.
Someone found the 4 translated pages announcing the conference schedule. CEO Yue is only speaking during that one segment, but the actual conference lasts almost the entire day. It's not clear from the agenda if/when it will be announced, I'm just thinking that Yue would be the one to announce it.
The CEO Li Yue is speaking at the main conference at that time. The topic is "Business Main Brand Released".
The actual schedule for the announcement is 8:45-9:05 PM EST.
Based on the speaker (the CEO is only speaking during this segment) and the topic ("Main Brand Released"), he may actually announce the partnership with Apple during this time....or could just be the official announcement for the 4G network.
1.5 hours and counting to possible announcement.