so like Coke, Pepsi, netflix, goog, IBM, facebook, Amazon? None of these are dependant on one product or service? Ignored.
I honestly do get confused with the market reaction like yours. Do you think that Apple will lose money? seriously, like cell phones are going to go away? Arguments like Apple is a one trick pony...well ok, so Coke has been selling sugar water for over 100years, goog and facebook are nothing more then disguised commericals (advertising), netflix is only a middleman for content providers (yeah, yeah, they are making their own too I know)...but still only entertainment. Long story...don't be sucked into the nonsense...look with your own eyes...this is an awesome opportunity to purchase.
No kdding...I haven't seen 1 intelligent response explaining why this money maker of a company is being sold off....totally bizarre....but I'm loving this!! I'm loading up today with more $120 Jan 2016 calls. Do people really think Apple will be bankrupt...seriously?
Exactly...every year around this time Apple gets cobbled for non-related items. By Dec this will be a $160 share. Total buying opp here!
Anyone who sells Apple at these levels is not very smart. I posted I would be loading up at around $115 so I'm close. Do people really think that in Oct Apple won't report another 30 to 40 BILLION in profits! lol come one people!
Whether it's a big wave in Japan or some other excuse....or frankly no excuses....this stock gets pushed down in the summer then it pops up big time going into September. I've been playing this cycle for years and it's making me rich...so discuss amongst yourselfs all your theories and I will see you at $160.
I'm not understanding your logic entirely...surely Management should take the good with the bad but it would take a magician to increase profits with an OIL company when the price of long is in a prolonged downward trend. I mean, come on.
I appreciate your effort but even I can't get behind a $50 share price...don't get me wrong...I would load up but this will never happen. As I have been saying for about a year...I'm jumping in when this yields 4%.
cut costs? so reduce oil production even futher to profit out of this...I'm actually at a loss for words.....
I believe your assumptions are wrong. Remember, the earnings represent the previous 3 months...where the average oil price was actually higher. What do you think the earnings will be next time? Double...of course not. Any prudent manager must begin to preserve capital. Yes, they are doing that already with capex reductions....but this also means immeidate or a medium term reduction in output as well. Oil companies can run but cannot hide from prolonged low oil prices.
lol...people still aren't learning even after what I post comes true...stay away from this stock.
I truly hope it was XOM buying back their own shares and not the public. I knew this jump was silly....EPS of $1 vs an expected (and already lowered) $1.11. Good luck.
so how about those refinery margins! Earnings $1 vs est of $1.11 (which was already significantly lowered)....funny how low Oil prices affect an OIL company right? It's like magic or something.
So I guess the price of oil actually does affect an OIL company...who knew?
You think the American exchanges are any different?