Analysts are playing so many games with this one. I've seen analyst upgrade one day only to turnaround and downgrade a day or two later. Seem to be churning the stock more than usual imo.
Cook says over and over that growth is still in its infancy in China. Maybe not so much in U.S. Perhaps this is where the slower growth in iphones is being seen, however, we keep hearing that the upgrades of the phones has yet to begin. Who to believe?
Apple, Nike, and the like. Not buying cheap stuff.
i hope everyone took advantage!
Duh! How many times have we heard this bogus story before?
I like beaten down biotechs much more than online travel. Also, summer travel is over and travel to and from Russia is nil. It will be interesting to see if Putin responds more aggressively to ISIS. Cramer spoke very negatively about healthcare here with a pending rate hike but I totally disagree with the old boy. Earnings have been awesome in the sector and unfairly getting sold.
This is why I don't mess with PCLN. Got burned on it before. Its a definite momo stock. Timing is everything with this one.
Apple (NASDAQ: AAPL) iPhone sales continued to rise and its market share crushed rival Samsung based on comScore smartphone sales in September. Apple’s share of OEM sales was 43.6% against Samsung’s 27.6%
Street estimates are calling for Q4 adj. EPS of $1.14 on revenues of +9.1% to $13.52 bln.
Cap IQ consensus calls for FY16 adj. EPS of $5.60 on revenues of $56.09 bln
Disney has beaten EPS estimates in every quarter over the past two years (between $0.01 and $0.20). It has also exceeded revenue estimates in seven of the past eight quarters- this past Q3 being the sole exception, when revenues came in at $13.10 bln (vs. $13.23 bln consensus).
I still think WEN is missing a big part of the market by not diving into this. Even Taco Bell is doing breakfast now.
...The options market is pricing in a move of 6.2% in either direction through the end of the week, based on the price of an options strategy called a straddle, according to Trade Alert. A straddle involves buying a put and a call at strike prices near the current price of the stock, letting investors bet on the size rather than the direction of a move.