Went to one store here in Texas 3 times in the past 2 weeks. Tons of shoppers, geek squad in full support, bags headed out the door. Those are week days during lunch hours.
I can come up with one reason... Months ago analysts said 575 was the top. I bet several lazy people have sells set for this area. As soon as they are cleared out this stock will continue its slow incline to real money.
Sentiment: Strong Buy
I got out a few years ago, the last time it hit 31. My chart shows it will go to 31.69 this time around. Glad to see this stock back in the green again.
This just in. Appl activations in Malta came in under analysis's expectations. The phone is suspected to have been priced too far out of the bean market. Competition from the poultry industry has cornered the farmers market.
Gotta love analysts expectations.
They sold 33 mil phone in how many days since the 5s and 5c came out? Wait till Christmas shopping starts and plans start to expire. 3 more months of upgrades coming. Samsung is out of the picture with failed low end junk. People are spending money on Apple products in the past few weeks.
Beat on EPS (HUGE). Icon (tweet) bumped the value by $20 just a few weeks ago. China market is going well. Margin not what Analysts want. APPL seems to always go into a slump a few days after earnings release. My take on it, is analysis are always behind on Apple. Look at how many of them change the estimates a day or two after the release. This company is trading at 11x earnings. Other companies are at over 20x earnings. This company has more cash on hand then any other. Demand for the apple products is stronger then Samsung (only remaining competition). Everyone expects Apple to deliver the moon, but all they can do is keep hitting the ball out of the park and beat everyone in sight.
Pending no acquisitions of things like twitter, Hulu, Netflix, FB, or stock splits.
$670 EOY 2014
04:32 PM EDT, 10/28/2013 (MT Newswires) -- Apple(AAPL) reports Q4 revenue of $37.5 bln, better than the analyst consensus of $36.9 bln on Capital IQ. EPS was $8.26, vs. expectations of $7.96 per share.
The company sold 33.8 million iPhones, a record for the September quarter, compared to 26.9 million in the year-ago quarter. Apple(AAPL) also sold 14.1 million iPads during the quarter, compared to 14 million in the year-ago quarter. The Company sold 4.6 million Macs, compared to 4.9 million in the year-ago quarter.
Apple's (AAPL) Board of Directors has declared a cash dividend of $3.05 per share of the Company's common stock. The dividend is payable on November 14, 2013, to shareholders of record as of the close of business on November 11, 2013.
For Q1, the company guides for revenue of $55 to $58 bln, vs. the Street view of $55.8 bln.
Apple 4Q Greater China Revenue $5.73 Billion, Up 41%
The Company sold 33.8 million iPhones, a record for the September quarter, compared to 26.9 million in the year-ago quarter. Apple(AAPL) also sold 14.1 million iPads during the quarter, compared to 14 million in the year-ago quarter. The Company sold 4.6 million Macs, compared to 4.9 million in the year-ago quarter