The options traders who were talking have an agenda. I do not know what Apple stock is giong to do but long term things look fine to me. They are building a franchise and lots of other things are coming out of that.
If you have $100,000 and put it in the bank and collect 2% interest and then borrow $100,000 at 1.5% have you increased your debt or borrowed money? What you have done is use your head. Try using yours sometime.
Why would Apple do such a stupid thing? Disney is overpriced and they would have to pay 25% over the market price.
I don't know about you guys but I am happy that Carl is out. That really explains why the stock has tanked so much in the last few days. I am also pleased because I never like him holding the same stock as me. You never know what he will do and he tends to dump instead of orderly sell.
I think in the next few days Apple will find its true market value.
Yea, they only made $10.8 billion for the quater and have about $200 billion in cash. There is not another sick company like them.
And you guys would listen to Pickens? You cannot be serious. He is a proven liar and is never right about oil prices.
Could you rewrite that sentence. I cannot make sense of it. What is a cementery? Is that a condiment?
This was really a great quarter considering the environment. While the stock price is painful I am very please that China has warned Apple to not be too reliant. This will pay off hugely in the future, assuming Cook is listening. I did business with China for 30 years and they are not trustworthy.
$10.8 billion in earnings was great and the buyback will help retire a lot of shares at a cheap price. Even with the adjustment to future earnings the p/e will still be 11 or 12, very cheap.
Div increased by 10% or $.55 from $.52.
By the way, good write up. However, one additional point. Apple is gonna make a major buy and that could change earnings per share and everything else. A $75 billion buyout could increase earnings 10%-15% and the cash is doing nothing anyway.