Which means they will be able to service the debt and reduce principal. Risk has been reduce substantially.
I think it will depend on what Apple says on the 21st. If they come up with a new iWatch that competes more closely with FIT, then we will feel the pressure.
Keep in mind that they now managed their cost of production also. It will be a double whammy to the upside. Lower cost and higher revenue.
Copper is above 2.27, way higher than the amount in your assumption.
Yes, how is that possible? I agree with you. Something is fishy.
Just because next quarter is light the selloff is not warranted; the whole year guidance is in line. It just seems to me that shorts are pushing FUD to be able to cover. I will buy into this company if there is a disaster tomorrow but I don't think I'll be able to buy under 14. We'll see.