You are missing the big picture, Fed created cycles of boom and bust, alternating between stock market and housing market. The former has been on a tear for 6 years now its time to focus on reinflating the housing market. Rinse and repeat.
The reason this time it didn't work as well as the past is stock market participation is at the lowest every. Housing ownership is at 1950's level, they have room to inflate.
MTG back to $60's until the next bust arrives (probably 6 years down the road). Enjoy the ride.
Crash will happen in 2015, for now this has shaken out all those "traders" accustomed to buying every dip for the past 5 years on margin. First warning shot has been fired, market will get back to 1950 and fall from there..how far only the Fed knows.
Funny how everyone was a bull at 2,000 and where are they now?
Amazon is kicking butt at what they do, yes they are overvalued but that has always been the case for this internet juggernaut.
so who cares anymore, iPhone is so 2007....bigger screen ha...smartphone penetration is higher than 80% on most carriers...Apple would have to create a new category (like it did with iPod, iPhone and iPad) to grow, absent that it will resort to financial trickery which Jobs despised to keep stock up.
They should have purchased Disney with the cash vs. buying back stock, which is absurd right before you split 7 to 1.....
EPS beat thanks to tax credit and buyback. 4Q EPS and full year below estimates. 2.0 brewer will be more expensive and good luck with selling two platforms side by side, if anything margins will drop. Stock is priced for perfection and it's anything but.
No date for Cold platform, still fiscal 2015.
Intl. no meaningful contribution to revenues
Tough 4Q comparison, commodity cost increase, SG&A increase, R&D increase, etc.
Bulls 2015 may be the year, but the remainder of this fiscal year is a wash.
That is largest decrease since 2009, considering they had record breaking fifa and nba draft ratings. Frozen cash cow made the Q but that is getting old. Will drop to $80 IMO