In a report published Monday, Societe Generale analyst Andy Perkins upgraded the rating on Apple Inc.
AAPLfrom Hold to Buy, while maintaining a price target of $140, on continued growth in the company's revenues.
Apple is expected to report robust F3Q15 results, driven by strong sales of Apple Watches and improved iPhone sales volumes. The company's total sales for the quarter are expected to be $50.2 billion, with gross margin of 39.1 percent and an EPS of $1.84.
Sentiment! There was no reason for it to have sold off from previous highs! Should easily see $140 after earnings tomorrow.
Looking ahead, Gilead raised its outlook for full-year 2015 product sales by $1 billion to between $29 billion and $30 billion. The company's shares, which rose 2.3 percent to close at $113.07 on Nasdaq, were up another 2.3 percent at $115.82 after hours.
Chinese are elated. No longer having to travel to U.S. to enjoy theme parks. Now will be in their very own backyard. Anyone who isn't getting into Disney ahead of this is a fool!
I've spent all weekend trying to resolve problems from updating my Wins 7 to 10 on my desktop. 10 totally wiped out all my sound devices. Drivers were corrupted and nothing helps. I now have to drive to Best Buy and request they restore the old o/s, Apple operating system is soooo much better than Microsoft's. I have no problems whatsoever with my MacPro. Both the HP and Mac are 4-5 years old. Just saying as I want others to avoid this nightmare. Older PC's ain't compatible to Wins 10....
Let's get back to what matters and not all this BS noise re Greece, China, etc. USA USA USA!!!!
very heavily manipulated prior to earnings. can't believe all the negative bs news re watch, etc. all not relevant
Volume is picking up. Smart money is adding here.
"In light of some pretty recent major fluctuations in the Chinese stock market, Apple still managed to have a stellar quarter in China. During its third quarter, the company saw 112% year-over-year revenue growth in the Greater China region, which accounts for the company’s sales in China, Taiwan and Hong Kong.
In the most recent quarter, the third of 2015, revenue in China for Apple grew to $13.2 billion from $6.2 billion in 2014. Revenue in China again surpassed that of Europe at $10.3 billion. The Greater China region remains Apple’s second largest market after the Americas, underscoring the critical importance of this area to Apple’s future growth."
Again, #$%$? Why is Apple trading down? I just don't get it.
...For July, orders for motor vehicles surged 4 percent, the largest jump since July 2014.
Until earnings this will be the trade for Apple. Tim is saying China is on fire, Apple just getting started, yada yada but market doesn't want to listen to Tim. Instead we get this constant manipulation by nobodies like Digitimes. Just glad I don't initiate stop loss and get taken out by these idiots!
Its the manipulation of the options market that has caused this constant shakedown every week going into expiration. I looked at that 108 yesterday and kinda thought "hmmmm I wonder if the mms will try to pin it there" but thought "nah, AAPL has too much going on next few weeks as it begins launching 6S in other countries and going into ER" only to find my first thought was true and correct. Here we are near the $108. Unfrickenbelievable how rigged the game has become! Worse now than ever imo!
When I was there a shopkeeper told me she had broken her arm and had to go to a hospital. I asked her what she had to pay for insurance and she said "not a dime, i went in for surgery and i was told that if i liked the service, please tip the doctor and nurse!" What a country!!!