Uh, if you sell 200 shares, and then sell lower strike price puts you are in decent shape right now, certainly much better than if you just held the 200 shares. Apple is going to be rangebound for a while so take advantage of it. Best of luck.
Sell two puts at a lower strike price. Either collect the premium or get the shares back at a lower cost basis. I thought about doing it a couple weeks ago at 505 and wish I had.
Nice to see some other people get it. At this point they need to sell 30 million extra phones a year just to move EPS 10%. People either dont realize how improbable that is or ignore it.
Hey, I like the products, but that doesnt mean the stock isnt fairly priced. They absolutely need a new product line that doesnt cannibalize existing ones.
A stock with no revenue growth is not going to get a 15 PE until the dividend makes it worth it. With a dividend under 3% it's going to see a PE of 10-12. $45 EPS might be possible if they sign China Mobile and buyback another 3% of the float next year. Until it develops another product line it's a range bound stock and extremely unlike to hit 600 much less 675, but we'll see who is right.
Apple's PEG was about .46 six months ago, and in six months will be higher than Googles. Learn to think, revenue growth is over.
Decline in EPS has already happened, and revenue is about to follow. Stock is range bound. Who knows what the market will do, but hard to see a big increase in the stock price from here with flat revenue growth and declining EPS.
For this quarter or next? Considering they just announced guidance for the top of the revenue range (37 billion) that would be pretty surprising.
They just release updated guidance. Anyone with an IQ over 10 and interest in the stock should know. Obviously you dont fit either class, ignored.
Oh please. You dont like the revenue numbers so you act like two carriers are suddenly going to have a meaningful impact on the EPS. The average person in China makes 3k a year, they arent going to spend 30% of their annual income on a phone that will be replaced in a year, but lets say 20 million a year do buy iPhones, that would be about a 6% increase in EPS. Is that going to move the stock price up more than 30-40? Hey, that's a nice bump, but the upside is limited.
Anyone? Someone help me out here. With margins stuck in a 36-37% range, revenue growth virtually flat, it's accurate to say the only impact on EPS will come from a reduction in outstanding share count. Sell the pops because Apple isn't going anywhere absent a new product line.
It's not my view it's the numbers. EPS is declining and revenue is now virtually the same yoy. I feel pretty confident next quarter's revenue will be less than the same quarter in 2012. First, margins will be about the same or slightly lower. Second, they would need to sell over 49 million phones like they did in the year ago quarter which is not going to happen. Third, no new products are being introduced to meaningfully increase revenue. I guess we'll find out for sure when they release guidance, but 54.5 billion (what they did in 2012) will be above or at the top of the range for 2013.
People are so fixated on a front loaded release they dont realize YoY growth is going to be virtually flat. EPS will be about 25% lower than last year. If this can run up to January's earnings report it would be a good time to sell unless they have a new product line out. A refreshed iPad is not going to drive revenue growth.
What I'm learning is even with this release they are barely going to beat revenue yoy, which means growth is gone. I'm not sure how you see it any other way.
Who cares? Revenue is going to be virtually flat yoy, the growth story at Apple is dead and only new product lines will revive it.
Maybe 3% yoy revenue growth? Considering they released globally to even hit that figure it's pretty telling. When are people going to realize the growth for Apple from smartphones is over. Apple is at a peek. Absent new revenue streams their are two options maintain or decline. Neither are particularly attractive as an investment story.
Uh, moss doesnt grow on a rock rolling down hill. "Moss doesnt grown on a rolling stone" is the saying. I think with your limited english you are looking for "this will snowball."
Margins project to be around 37% which is about the same as last quarter and slightly lower than the quarter before so I'm not sure where you are going with that in terms of increasing EPS. Sales in China could double and still not move EPS more than 5%....which is nice, but nothing that will substantially drive the price of the stock out of a range.
iPad needs a refresh just like the iPhone did.
It's obvious from your points that you just dont get it. They need to sell roughly 30 million more phones a year to move annual EPS 10% assuming margins remain in the 36-38% range. That's a nice move, but are they going to sell 60 million more to move it 20%?
They absolutely need a new revenue stream if it is ever going to be a growth stock again.