Oh shut up. This is a developer conference no new products are announced for a very long time. You better bring a working product than to come with a half backed product. Also it is not up to aapl closing contracts deals if cables don't want to sign. AAPL is in a business of making money and if they can't so no need. The products will come when it is provided with splashy content. Where you expecting a car ? Please do us a favor and shut up already.
Here's a look at a couple of Mandel's most undervalued stocks in his portfolio.
Apple Inc (AAPL)
Apple accounts for 3.22% of Mandel's portfolio with 6,837,522 shares valued at $850,917,000.
The company sells, manufactures and designs mobile and media devices, personal computers, portable digital music players and software. Apple has a 4.5 out of 5 star business predictability rating.
Recent reports have shown that the Apple Watch's performance is not quite up to speed. The apps are loading slowly and many reviewers have commented on it. One user even claimed it takes between 20 and 30 seconds to actually see something happen and this is not an uncommon occurrence.
Apple is working on fixing the issue and will unmask the new tools for the writing applications the company's programmers will use to fix the watch at its annual conference in San Francisco next week.
According to the DCF calculator, Apple's intrinsic value is $230.31 and has a margin of safety of 44%, as it is currently trading at $130 a share. This indicates the stock may currently be undervalued since it is discounted by 61%, which is a good sign for investors.Revenue per share for the trailing twelve months as of March 2015 was $35.86 and its growth rate for the past year was 28.6%. Over the past ten years, growth rate was 36.3% a year. The company has shown predictable revenue and earnings growth, which is good for investors.
Oh shut up get your fact right. AAPL iPhones expected to grow more than 10% 2016. The supper cycle just begun. There are 300M iPhone 4 4S 5 5S that because of 2 year contracts could not upgrade. For your no knowledge AAPL rev grew 40% last Q .Where the he"'lll do you see slow down what other mega cap reported such growth. Next year AAPL is going to sell 250+M iPhones. As for the watch according to all indications AAPL shipped 7M since April 2.5M already delivered and the next 5M by end of June. As for the year AAPL will sell 40-42M watches more than all smartwatches market sold ever. So get your facts do some DD before you spew you pile of garbage letters
Go o he"ll already WS. SO DAMN FRUSTRATING GO to he"ll
Apple to beat June quarter estimates materially, says Brean Capital
Brean Capital analyst Ananda Baruah believes Apple is set to beat June quarter consensus estimates materially on beater than expected iPhone sales. Apple could sell 53M iPhones in the quarter, well above expectations of 48M-49M, driving earnings per share of $1.83-$1.95 and revenue of $51.2B-$52.5B, above the consensus estimates of $1.74 and $48.2B, respectively, Baruah tells investors this morning in a research note. The analyst believes Street estimates for iPhone sales are too low through 2017. Baruah keeps a Buy rating on Apple with a $170 price target. The iPhone maker closed yesterday up 26c to $130.54.
“The Apple Watch is gearing up to be Apple’s most successful product debut,” Hope King reports for CNNMoney. “Since the devices first went on sale in April, Apple has received 7 million orders in total and shipped 2.5 million watches so far, according to a Global Equities Research report, citing tracking methods used by app developers.”
“Apple is expected to deliver about 5 million Apple Watches by the end of the quarter, which is two times more than analysts expected, Trip Chowdhry, Managing Director of Global Equities Research, told CNNMoney,” King reports. “This would beat the company’s previous ‘new category’ [first quarter] debuts — the iPod [125,000 units], iPhone [1.1 million units], and iPad [3.3 million units]… Compared to these past product launches, there’s no doubt the Apple Watch would be Apple’s most successful device debut to date.”
“Demand for the watches is expected grow stronger as the year progresses as well, for two reasons,” King reports. “First, as more people receive their watches, they’re likely to influence other people to buy one. The second reason is Apple’s continued push into corporate sales…”
Read more in the full article here.
MacDailyNews Take: Apple’s most successful product debut ever.
The Apple Watch is going to flop… The Apple Watch is Jonathan Ive’s Newton… Apple may have built out the watch to satisfy the urges of a designer who has become more obsessed with Bentleys and Rolexes than making attractive, functional technology that will actually make life better for the 99%… The Newton, Apple’s original, failed tablet, didn’t sell because tablet technology wasn’t polished, and we didn’t have the wireless networking infrastructure to make its experience particularly meaningful. Sound familiar? — Mark Wilson, March 2, 2015
Apple’s most successful product debut ever.
“During the company’s most recent April quarter, Apple sold 61 million iPhones, representing an astounding year-over-year increase of 40%. During the previous quarter — the always lucrative holiday quarter — Apple sold 74.5 million iPhones, representing a year-over-year increase of 46%,” Yoni Heisler reports for BGR. “So in just six months time, Apple managed to sell over 135 million iPhones. To put that figure into context, that’s about one iPhone sold for every 2.3 people in the United States.”
“The iPhone 5s is the most popular in-use iPhone model today with approximately 125 million users. Given that most users upgrade their devices every two years or so, Apple is arguably poised to have upwards 125 million iPhone 5s owners looking to upgrade over the next 12 months,” Heisler reports. “Once we add the number of iPhone 5c, iPhone 5, iPhone 4s, and iPhone 4 users into the equation, we see that there are 355 million iPhone users primed to upgrade to a new model once the iPhone 6s and 6s Plus hit store shelves.”
Heisler reports that Neil Cybart of Above Avalon writes, “Take into account Apple’s growing presence in China, and you can start to see how Apple can realistically sell more than 250 million iPhones in FY2016 (they are on track to sell 230 million in FY2015).”