I am shocked !! what is it they don't get ? GUIDANCE was for the second half of the year!!
in other terms for the half starting JULY 1st : Q3 and Q4 calendar year . The guidance was clear : 600-800 million in revenue . WE are not yet there . It is absolutely non-sens to discuss Q2 , Sapphire sales to APPLE will not show in Q2 , perhaps they do but immaterial . I expect Q2 to be exactly like Q3 .
GTAT is not trading based on results now . It is trading on expected revenue ..... Q3 and Q4 2014 as well as expected 2015 - 16 - 17 -18 numbers that will be spectacular which ever way you look at it .
What matters is that the management should stick to the revenue guidance for 2014 , i.e. $600 million at least . If it does not go in the phone now and they still make $600 M , this is great !!!!!!! it means we can all do better until 2020 !!!!!!!!!!
BUY BACK kicked in this morning , 3 huge lots at or around 91 went through .
SO REALLY 91-92 is the new floor . APPLE has to buy more now before announcements dramatically increase the price
Last year the iPhone was announced on Sept 12 and released on Sept 21
THIS year the announcement will come very early in Sept for a release on Sept 6 .
Fiscal Q4 will benefit from this early boost to show spectacular results for 2014!!
Apple will revolutionize the watch industry like it did with Music, tablets and phones.
It is all about sensors , actually about ACCURATE sensors. When Apple talks about a HEALTH kit , rest assured that the data that will populate the APP will have to be super accurate and reliable . APPLE is not going into that business if the data was not reliable coming from a reliable device . MOST wrist bands today are at best lousy data collectors , cannot use or interpret properly . ALL have been prototypes until APPLE put on the market the real thing!! OTHERWISE I do not think APPLE would discuss a HEALTH app or Dev KIT , this is a serious business , HUGE potential from sports to hospitals , from individuals who really need it to Apple die hard loyal brand user who will buy it like hot cakes.
With only $400 million in sales expected for next year the market cap of INVN is almost $2 Billion while GTAT with expected sales above $1 billion market cap around $2 billion. The future for GTAT is expected to be very bright while INVN seems to have more moderate growth expectations , so basically I think once GTAT delivers a good quarter this is going to explode up BIG TIME . $50 per share will be cheap in 2015 with all the great projects coming on with Apple and others!!
Sentiment: Strong Buy
NOT only what remains , but a lot more options will be granted year after year.... INSIDERS know their compensation !! AND they know when these options are vested ....
When this will be $30 it won't matter if you came in at 12 , 17 or 22 , just buy because the rally of all rallies will come when the output of the factories start rolling out !! JUST a matter of time!!
Apple does not care about market share.... never did never will
THEY ae in the premium market selling a product at a premium price.
iPhone sales quarter after quarter are surprisingly strong . SO MUCH so they are delaying introductions of any product as much as possible because EPS targets are met easily .
APPLE committed to a buyback program , they have to retire shares , DECREASE the number outstanding : so they have to buy shares and will do so anytime they believe the price is right. DO YOU YOUR homework before investing !!
it was $500-520 , than 580-600 , now $92
Apple will but back as much as possible around $92 , has 90 billion to spend , otherwise they wont be able to retire shares!!
1) real all time high is $764
Real reference is market cap... stock price has to go to $764 to reach the market cap reached 2 years ago. So $764 will be reached very soon , by Nov 2014
2) all the investors who had 100 shares now will have 700 : THEY WILL ALL buy another 300 to make 1000. MANY MANY investors think that way! MOST small investors will add to their holdings and will not sell until Feb 2015 !!
$700 is not all time high anymore.
It is more around $764 taking into consideration all shares bought back.
So to be fair $764 will take us back to the same market cap.
This is why $640 is still dirt cheap!!!!!!!!
INSIDERS are awarded large number of options year after year .... thy have to sell to earn a living.
I would be more worried if executives were not awarded more options!!
It is very normal for insiders to sell , it does not necessarily mean lack of confidence !!!