I agree. One of my friends told me he sold at 97 (10 or 20 shares) after holding for 2 years. He still says it will got 109. But, funny part is that another friend bought the stock last week for long term 'cos he liked the mini IPad that he bought recently and his friends switched from S5 due to some quality issues. He expects it to go to 100 after Iphone 6 release.
Consumer smartphone growth is saturated with so many options out there and Apple's future growth clearly depends on enterprise business (that is why it went up AH & PM after news).
However, CIOs may not prefer Iphones or IPads (being costly) over others, and also because one cannot officially install games etc. (without compromising security) on to the work devices.
But, it was still a tough bear/bull fight here yesterday (which may be due to options).
But, not sure how it is good for Apple. If Blackberry did it all by itself, Apple could have gone alone and used its sales force to get into the enterprise side. Apple doesn't want to compete anymore.
However, it is bearish on Stochastics and Three day displaced average. Right now, it looks like a tough bull bear fight. No clear indicators until Monday.
With these assumptions, Apple's earnings-per-share growth during the quarter should exceed last quarter's 15% growth. Q3 EPS growth in excess of 15% would beat the current consensus analyst estimate for 14% growth..
my mistake, earnings growth is 15%, not 19%. So, which way should one bet?
Per key statistics, the current PEG =1.29, 29% growth.
Markets are confusing me really. On one side, market is going up but Gold is edging up. Goldman Sachs is not going up..Not sure about Apple sales with Fire phone and 7 other phones in the market rated better than Iphone 5s (per PC advisor).
No way. No range anxiety on ICE. Why waste time and energy worrying about charging?
Just fill it and forget it..