Actually patents + BBM + MDM + Enterprise network now valued anywhere between negative 2-3 billion.
(depending upon cash burn this Q)
Even if they burn another 500 million cash this quarter, that will still leave them $3 billion not taking into account potential 1 billion tax recovery. They have another at least $2 billion in real estate assets.
When people decide to sell for tax loss, you never know how ridiculous it could get.
That 385 was at a time when market was predicting Apple's demise by the hands of Samsung. That was the panic low. That is the reason why we got a quick bounce to 475 area.
Apple could stop this nonsense by keeping markets well informed and more importantly making things happen faster. How long they took to come up with recent enhancements? How long is CM deal being talked about.
On these developments
Super strong new Ipad sales
Iphone 5s supply chain issues resolved
strong broader stock market
Why are articles saying CM deal is either priced in or does not matter much appearing now?
Negative articles popping up now undermining CM deal.
When is Apple going to stop this nonsense?
My question for AAPL management
How does GOOG go up every freaking day? and at all time high?
Has anybody noticed dearth of press releases since last earnings report?
Has Apple completely stopped talking to investors?
No word on ipad numbers
No word on China mobile
No word on Itunes and iPayment initiatives
This is becoming very frustrating and investors are left with hedge fund rumors and speculation to make any decision.
Yesterday it gained on huge volume and today it has all but given up all gains on 1/4 of the volume.
broader market is weak but 2% decline seems bit excessive esp. after the breakout yesterday
Goldman Sachs have AMZN PT of 450. Can you believe the their audacity?
Of course AMZN will beat ridiculously low earnings. It is all about market manipulation.
you are an idiot. I am holding since first move into 500s.
To me 8-10% move is not good enough for a dirt cheap stock like Apple. Also most stocks I follow had 10-15% moves WITHOUT any significant news.