Jon Garsh of BancWest Investments says Apple will double by next year at this time!
"Strong iPhone and iWatch sales, coupled with booming business at the Genius Bars in stores, where the average person spends $500 to get something fixed, will raise the bottom line on Apple's core business 6-7 times. With a PE of less than 10, Apple has plenty of room to run so I don't think my $240 price target next year at this time is out of the question."
WRONG! When advertisers spend they go to multiple sites, not just one. When they don't spend, they go nowhere. I've been in the media business for 30 years at the top levels of management so I know the deal! And why wouldn't anyone not want to advertise on Facebook with over 1.5billion users daily -- more than double those who watch the Super Bowl once a year. I will be right, you will be wrong! Watch and learns. I'll be back tomorrow night after earnings to let you know.
First Linked In and now Zillow: Advertising revenue up on all accounts bodes well for Facebook earnings release tomorrow.
Here's my numbers: 55 cents a share with 4.42 billion in revenue. If that happens, we close at $114.50 on Thursday!
Facebook (FB) announced a partnership with Royal Bank of Scotland, or RBS. Under the partnership, around 100,000 workers from the bank will work on Facebook at Work, the office version of the Internet giant’s site. With this deal, Royal Bank of Scotland becomes Facebook’s biggest customer, bringing in close to a billion dollars for the social media company.
I see big buy orders going thru on Bloomberg terminal. seems like there are not enough sellers for the buyers right now. This will shoot up at the open tomorrow. Thanks for the gift CNBC!
CNBC said folks in India are having problems signing up because Facebook asks for last name instead of family name, which they refer to it in India.
Zuckerberg just tweeted out that they will fix this ASAP for the folks in India. "No big deal," he said. "Simple fix!"
Tomorrow it will hit $106 bucks! Love this buying opportunity.
Every time Linked In reports stellar earnings, Facebook follows! Watch and learn!
you better believe I'm so smart. Told all the shorts what was going to happen. $155 will be here shortly. Watch and learn, son!
Now apple will take the whole market up tomorrow. Next blockbuster earnings report will be Facebook. Buy before the big run-up. FB is going to hit $115 in two weeks.
It will hit $125 tomorrow after stellar earnings are announced after the bell. I'll be back tomorrow to let you know.
Kiss the shorts goodbye this week. The covering started yesterday and will continue into earnings next week. Blockbuster report coming up. Plus, my brother works for Apple in Cupertino, and I overheard him calling his broker to buy a load of shares the other day. Don't think he would buy if bad earnings report was coming up!
See you at $125 next week!
Apple will be at 125-plus after earnings, no doubt. You're right at the present time, but I will have the last laugh! When shorts start covering it will be a great ride up! And then on to $155 by year end!
JPM analyst, speaking on Bloomberg radio in New York, just gave Apple target price of $155 by end of year!
"Blockbuster earnings, spurred by huge iPhone sales, will bring growth investors back into the stock," said Jon Hirshwein. "Right now, Apple is attracting loads of value players, but once they announce earnings in two weeks the stock will be a big growth play again. Factor in iMusic and the coming of the Apple car and watch out! Apple could roar in 2016!"