They have about a month to get it done. They can join Apple as big buyers of Apple stock in March. :-)
Apple is outselling Samsung 2 to 1 in China. If Apple stock is priced upon sales and profit.......China is what matters. Apple's market share in China has doubled with the 6 phone. This alone is worth 30x anything the AppleWatch could possibly contribute to Apple's profits.
Remember the I-Phone 6......It's Apple's biggest product. Report today shows Apple taking huge chunks of Samsung's market share in China. Focus on the $$$.......That's what matters in the end. :-)
buybacks are more effective than dividends only if Apple wants 60% of all investors seeking dividend yield to sell their stock. Value investors should not be chased away by a 1.5% dividend yield. They should be attracted to Apple by a 3% dividend. Apple knows this.
This means Apple can raise I-Phone prices $300 per phone.
This is why MS raised Apple's price target to $160 today.
People don't want to hear it right now......but Apple will make even more money than they do now.....a lot more. Apple will earn over $11 per share in 2015 and over $15 per share in 2016.
They will need to pay for the cost of replacing all of the floors of people who bought the bad flooring. If I had it in my house I would replace it today......and expect LL to cover the full cost. I think this will sink the ship.
This is Great......For years Apple gets a 14 PE because there is no logical answer to the question "What's the Next Big Thing?".......Then Apple shows that Electric Cars is the next big thing....coming in 4 or 5 years. So Apple tootles up to a 22 PE?....is that's what's happening? Is this why Apple is going up 2 or 3 points a day, good market or bad? Is Apple finally getting a new PE?
Drones and Rockets and Robots get Amazon, Tesla, and Google PEs of 40 and 50 and Higher.......Why shouldn't Apple and the Apple Electric Car get at least a 24 PE? Apple is a deal at a 22 PE.
This is why Apple will be at $165 very quickly......and then higher still. Apple will earn over $10 per share in 2015........$10 x 22 = $220 per share.
Carl Ichan is not crazy......He just believes that Apple deserves a PE of 22. And why not? :-)
The numbers are different this time. Apple is destroying Samsung and earning a massive amount of money.......while last time Apple was not. Night and Day. :-)