I saw the Ellis interview on Mad Money. It was impressive, and he may be right , but I decided to sell and stick to the type of MLP's I understand . I still own 12. I can live with that. I understand their business, but the accounting stuff is over my head
A bad quarter for sure. But I am sticking with them.
I believe anywhere between 50 and 100%.
We need someting really positive, especially if earnings are worse than even the street is predicting. Some new product on the horizon announcement would also help.
AAPL needs to attract value investors, like me, since growth wi be much milder going forward. AAPL is simply too big now with all of its sucdess.
Smart to get out
Not really to concerned when, but they need to raise the dividend at least 50%, and really should double the dividend imo. They have the cash flow and the cash reserves to do this making it truly both a value stock and a growth stock, though future growth will be rather subdued compared to recent years growth,
which is 4/23 I believe. And it needs to be a BIG dividend increase imo.
AAPL is changing from a growth company to a value company. We need to attract
these "new value' investors with a rich dividend. Then the stock price will rise to a
level commensurate with that dividend. And with AAPL's current cash and its current
cash flow which is enormous, a double of dividend would be about right imo. The dividend
would go to about 4.8%. Then the stock over the next few months would rise to 600 or 650 giving
us an appropriate dividend yield level of around 3.2 or 3.3 %.