What will it take for WS criminals to give AAPL a fair value at least PE of 20. Goog b****s is blaming the $$$ for the miss but WS forgive them, what would have happened if AAPL missed ? 5-10% haircut no matter if they would have blamed strong $$$. AMZN with a net of 200m$ and a 200B$ market cap? AAPL beat by 20% rev grew by 30% !!!!! yet AAPL was given no more than 6% on the after report reward. Go to he"ll WS
Yesterday a selloff on nothing today pathetic 6% we are left with 2.5% reward on a monomental record earnings?
06:47 EDT AAPL Apple price target raised to $160 from $143 at Cantor
Cantor increased its price target on Apple after the company reported stronger than expected results. The firm called the results "exceptional," and it thinks the company has a number of additional upcoming catalysts, including the 4G ramp in China and the Apple Watch. It keeps a Buy rating on the shares.
06:38 EDT AAPL Apple price target raised to $140 from $112 at JPMorgan
JPMorgan raised its price target for Apple shares to $140 from $112 following the phone maker's better than expected December quarter results. JPMorgan believes new products in 2015 will drive Apple's earnings growth ahead of peers. The firm reiterates an Overweight rating on the stock. Shares of Apple are rallying $7.61, or 7%, to $116.75 in pre-market trading.
06:25 EDT AAPL Citi lists five reasons why Apple shares can go higher
Citigroup lists five reasons following Apple's better than expected December quarter results why it believes the stock can go higher. Citi says device acceleration, the potential for consensus estimates to move up, a lack of margin decline, Apple Pay, and the company's opportunity in enterprise can drive the stock higher. The firm reiterates a Buy rating on Apple with a $135 price target, noting it views Apple Watch as a bonus upside catalyst.
This AH is a joke. AAPL predicted 66B$ and they came with 75B so 55B$ is a sandbag this will be around 60B rev
Those clowns analysts should go and recalibrate their worthless numbers
All analysts will be forced to up thier numbers tomorrow
5% on staggering results with with a 15% beat on top line and 18% bottom line?
till next cycle it is seasonal they built 100M iPhones already no need for that huge work force now that they built enough iPhones. The ramping in work force was in June till Dec when AAPL had to build inventory now that everyone can get one no need for 1M people. Also Foxconn has more clients not just AAPL,
henry Blodget was convicted in fraud. He was banned from WS so it says a lot about you if you listed to a convicted of fraud person
The same criminals were saying what's next 4 4s 5 5s all were blow out success. The same idiots just another year so go to hell criminals. Hope you will lose everything tomorrow.
In 2002, then New York State Attorney General Eliot Spitzer published Merrill Lynch e-mails in which Blodget gave assessments about stocks which allegedly conflicted with what was publicly published. In 2003, he was charged with civil securities fraud by the U.S. Securities and Exchange Commission. He agreed to a permanent ban from the securities industry and paid a $2 million fine plus a $2 million disgorgement.
This is insane to take advise from this guy who was thrown from WS with shame and a 2 m charge.
NEW YORK (MarketWatch) -- Another brokerage has raised its estimates on iPhone sales as Apple Inc. AAPL, +0.51% preps to report earnings after the bell on Tuesday. Cantor Fitzgerald lifted its first quarter revenue estimate on the Cupertino-based smartphone manufacturer on Monday to $68.2 billion from $65.5 billion, compared with the current FactSet consensus of $67.3 billion. Apple previously forecast first-quarter revenue in the range of $63.5 billion to $66.5 billion. Cantor also raised its earnings per share estimate to $2.61 from $2.49, versus the Wall Street estimate of $2.59. Analyst Brian White said the more bullish outlook reflects a projected 62% quarter-over-quarter sales increase amid stronger-than-expected demand for the iPhone 6 and iPhone 6 Plus during the crucial holiday quarter. Shares of Apple edged up 0.8% to $113.91 in premarket trade. They have risen more than 36% over the last six months.
Apple has multiple catalysts, says RBC Capital
RBC Capital predicts that Apple's December quarter revenue and iPhone sales will beat expectations, but warns that foreign exchange could hurt the company's margin growth. However, the firm expects the stock to perform well following the results and thinks the company has multiple positive catalysts. It recommends that investors own the stock through 1H15.
Apple guidance could imply 5% upside to consensus, says Piper Jaffray
Piper Jaffray believes investors are expecting Apple to report 65M-69M iPhone sales for the December quarter and it raised its iPhone unit expectation to 65M from 61M. Piper thinks the iPhone 6 sales cycle is off to a better than expected start and will be more sustainable than in past cycles. The firm believes Apple's March quarter revenue guidance could imply about 5% upside to Street estimates, which it feels should be enough for the stock to react positively post earnings. Piper reiterates an Overweight rating on Apple with a $135 price target ahead of tomorrow's earnings report.
Don't listen to the idiotic analysts. They have an agenda it is called flush your option money.
Largest Apple Store in Asia opens to crowds in Hangzhou, China
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Apple opened the doors to its new West Lake Apple Store in China on Saturday, letting throngs of eager customers into what is now the company's largest retail outlet in Asia.As promised earlier this week, Apple officially started sales at the West Lake Apple Store in Hangzhou, the first of five Chinese outlets to slated to open ahead of the Chinese New Year on Feb. 19.
The grand opening was celebrated by Apple CEO Tim Cook, who posted a rare tweet to mark the occasion.
"Starting Something New in Hangzhou, China!" Cook's tweet read, followed by the hashtag #AppleStoreWestLake. Cook seldom uses his social networking account to promote newly opened Apple Stores, but the Hangzhou location is an important first step in extending the company's reach into mainland China.
Last week, Apple SVP of Retail Angela Ahrendts revealed plans to open five Chinese stores before the Chinese New Year, the first being West Lake. Ahrendts' announcement is in line with Apple's lofty goal of opening 25 retail locations in China by the end of 2016.
As for the West Lake location itself, the store comes with all the trappings befitting a flagship Apple Store, including a Genius Bar and floor space for workshops and One to One personal training. Lectures are scheduled to start tomorrow featuring lessons on iPhone, iPad, Mac and iMovie for OS X.The building's design draws more than a little inspiration from the upcoming Union Square flagship in San Francisco, which also features a wide, open glass facade and a showroom floor split into two large levels.
Prior to Saturday's opening, Apple Store West Lake was covered by white protective barriers bearing the ancient Chinese poem "Praising West Lake in the Rain" as drawn by by noted calligrapher Wang Dongling, who was on hand for today's festivities. On Friday, Apple posted to its official YouTube channel a translated version of the store's promotional video, which features Wang offering an explanation of the 2,000-year-old poem and how it applies to Apple's new home in Hangzhou.