Just another small hiccup -but in the bigger picture a good buying opportunity.
so best to hop on the Apple wagon for increase revenue, increase iPhone sales, increase iPad sales and most importantly increase China Mobile sales coming late this year and into 2014 and beyond.
Every day more (positive news) regarding Apple - China Mobile iPhone partnership. Can't say it baked into price because China govt controls China Mobile. But I do know for CM to be competitive with competition they will have to have the iPhone to compete. We climb today as Fed continues to print money and all cheap interest rate for well into 2014 - 2015.
Went into a best buy store yesterday and most of the desk top PC's were in disarray with missing parts and sloppy ads. Apple on the other hand had a nice separate stand/area for its iMac desk tops and it clearly showed upscale (even in Best Buy) versus the other location of competition.
Same thing with the iPad and iPad mini. Separate location that was clean, out in the open that grabs your attention. Other competitor laptops were all lined up but further in the back of the store. If Apple can get prime real estate (location) in a Best Buy - at every story - look out. Looks like a great Christmas for Apple since its products are now starting to sell into the best quarter of the year for the company.
Sure no one can pick a top for a stock (or even a bottom) but why chase when its not going to double, much less go over $600. CMG basically is peaking now as a restaurant and a stock, with odds suggesting that company revenue will fall going forward and consumers are looking else where for Mexican fast food. I liked Chipotle when it was $400 to $500 a share, but now its way to top heavy.
Remember - Pigs get eaten but hogs get slaughtered.
Complete turnaround this morning from last nights trading activity. Upside look really good from here, especially so knowing Apple will sell a ton of iPhones and iPads over the next several quarters. We're talking all time sales records for both products and you will see the results in next quarters earnings report.
Baird upgraded Apple following the solid Q4 to reflect 2014 catalysts that include a possible bigger screen iPhone, Apple TV, wearable devices, and an iPhone launch with China Mobile. Price target raised to $620.
This is why you don't sell in after hours. Many times its pure manipulation. Should be a very good day for Apple as we march towards $540 and China Mobile deal.
but I said "no way - I'm riding this stock into the China Mobile deal and Holiday season". Looks like I got a great early Christmas present for not folding. Now I can sit back, drink my wine and dream of tomorrows nice open.
“We believe the core focus will be on December guidance, since Apple already reiterated the high end of its guidance for September ($34-$37 billion in revenue) following the iPhone 5S launch,” said Gene Munster at PiperJaffray.. And we expect going forward Apple's guidance to be good.
Over the weekend China Mobile has launched an official teaser page which promises 4G services “coming on November 9-11th. The page even shows a couple of generic iPhones, among the cool new offers that will open up on those days. In the meantime, China Mobile retail outlets are preparing for the 4G launch and the new iPhones, too. Some of them going as far as putting up in-store iPhone posters already.
So you just got your green light to buy Apple today before news breaks at 4:30 pm that Apple will start selling iPhones to 740 million new Chinese customers through China Mobile starting November 9th - 11th. Stock ramps higher into close today only to jump 10% in after hours. Talk about news steams of income revenue.
Hey jim_sir. Least I can afford PC, laptop, cell phone. Versus you posting at the local library on an old Dell computer. Make sure you keep your eye on the one hour PC limit loser. So what happens after you leave the library jim_sir? Off to the grocery store to use your food stamps?
before Apple gets upgraded with new target price of $680 (plus)...So if your a smart investors you buy in Monday before 4:30 pm earnings call and ride the Apple wave higher well into 2014 and beyond.
I think Apple's numbers will be solid to good (no home run here) but I do think the company will give strong forward guidance which will propel the stock higher. Everyone is caught up how in how Apple does compared to a year ago or last quarter, but I say it the "Forward Guidance" factor that will push over $570 a share.
iPad air sales will be strong before, during and after holiday season
iPad mini sales will only increase going forward as Apple beefs up production
iPhone 5S sales will substantially increase as Apple open new stores in 31 nations around the world.
and then we have to factor in
China Mobile deal coming soon which will push iPhone sales for 5S and 5C to record highs.
also iPhone 6 coming with bigger screen (probably in June 2014) and many other new products.
So don't sweat this quarter's numbers which should be fine. Its the Forward Guidance that Apple will give that will put a smile on investors faces.
Apple going beat big time next Monday and here is why.
China Unicom Earnings: China Unicom , the second largest mobile phone company in China, posted impressive third quarter profits that beat analysts’ estimates. Although this is great news for China Unicom, other companies, including Apple Inc should be excited as well. The mobile carrier’s net income increased 51 percent when compared to the same period a year earlier. Additionally, revenue increased 19 percent in the third quarter. While China Unicom took its business to new heights, China Mobile Ltd, the largest phone company in the world (measured by subscribers), posted its biggest profit decline in the last 14 years.
1. More potential subscribers for the iPhone.
During the third quarter, China Unicom added roughly 12 million users to its third generation wireless network. To Apple, this means one thing: more people who will potentially use its iPhone. Easy enough, right? Now that the new iPhone 5S and 5C models are available at the carrier, we expect Chinese consumers are fighting hand over fist to get their hands on one of these devices.
2. The lack of a China Mobile deal (for now) is easier to swallow.
Even though Apple’s China Mobile deal appears to be coming soon enough, there is nothing written in stone just yet. Apple CEO Tim Cook has made it clear that China could be the company’s biggest market in the future. Until Apple and China Mobile join forces, Cook and company can rely on the business it will receive through China Unicom and China Telecom Corporation Limited. This should be enough to ease the pain for the time being.
3. More confidence.
It’s all about confidence right? It is one thing for China Unicom to receive reservations for the new iPhone. It is another thing entirely for the carrier to prove to Apple that it will help the smartphone maker further establish itself in the Chinese market with the 5S and 5C.
With an earnings report like this, Apple Inc. (NASDAQ:AAPL) has to be confid
some here would take either one, but I'm in not only for the 10% jump next week but also the following 6% jump on completion of China Mobile deal. Those who are hold long term are going to do very well over next two week and extremely well over the next 18 to 24 months. Its down to Apple and Samsung for iPhone war and Apple will win because they create and lead. Samsung copies. iPads - Apple clear leaders for rest of 2013 - 2014. Other Apple products will do well going forward and we all know 2014 will have new "home run" products coming out to excite the masses. Buy today and enjoy the long ride UP
Getting a little old hearing and reading about this 88 year old hedge fund raider blowing his horn. Yea Apple has a ton of cash in the piggy bank while doing a good size stock buy back.. Yea, I'd like to see the company pr should I say the Board shake things up a little to move the stock higher. I'd also like to see Carl start action like he is a fly on a whale's behind with only 2% of Apple stock in his holding. Apple will ramp higher next week and that alone should quiet Icahn down. If he bought it at $450 - $490 - $510 and the stock hits $570 (plus) next week he should be very happy. Cook won't let this old geezer push him around, but the Apple board does need creative going forward and should consider a stock split.
and as we approach and pass $530 Investors can rest assured that Apple will hit good numbers next week and might even surprise on the upside. Could we see $570 plus come next Tuesday?