Despite disappointing quarterly earnings from Apple, my long-term Apple (AAPL) stock target of $1,000 remains intact. Apple ‘s earnings report was bad on almost all metrics, but future guidance was downright shocking. For Q1 Apple now sees EPS of $11.75 vs. consensus of $15.53. For Q1 Apple now sees revenues of
Apple reported bad earnings. The company missed estimates on almost all metrics as shown below. Earnings came in at $8.67 vs. published consensus of $8.75 and whisper numbers around $9.10. iPad sales came at 14 million vs. published consensus of 17 million and whisper numbers around 18 million. Mac sales
This post was just published on ZYX Buy Change Consider taking partial profits on a 15% tranche on AAPL right here around $610. Please take liberty with the price. Also suspending buy zones on AAPL. Earnings are a lot lower than expected.
This post was just published on ZYX Short Sell Change AAPL has announced that it will start a new radio service in early 2013. This is a direct challenge to Pandora (P). Short zone is $8.75 to $10. Please build a position carefully based on your risk tolerance as short interest
Administrative Law Judge Thomas B. Pender, of the United States International Trade Commission (ITC) has found that Steve Jobs’ invention covered by patent number 7,479,949 was violated by Samsung. Here is the abstract of the patent: A computer-implemented method for use in conjunction with a computing device with a touch screen display comprises: detecting one
On Tuesday, Apple (AAPL) made a number of product announcements including one for the iPad Mini, the fourth-generation iPad, a 13-inch MacBook Pro with Retina display and updated Mac Minis. To me it was striking from yesterday’s event that Tim Cook appears to be abandoning Steve Jobs’ strategies that made Apple so successful. Steve Jobs’
The Federal Reserve provides a gold mine of both medium-term investment opportunities and short-term trading opportunities. The Federal Open Market Committee (FOMC) holds eight regularly scheduled meetings every year. One of those is being held this week, with a rate decision set to be announced at 2:15 p.m. Eastern on
(GOOG) was scheduled to release earnings after the market close. Inadvertently, earnings were released at 12:39 PM by its agent RR Donnelley (RRD). Google stock fell about 9% before it was halted. Both revenues and earnings were below consensus. To make matters worse, whisper numbers were higher than consensus. In
Cloud computing is hot. Even lay consumers who hadn’t heard of it only a year ago, not only know about cloud, but now they use it every day. If you are an Apple AAPL iPhone user, you are probably using iCloud. If you are a Google GOOG Android user and using
AAPL is a symbol of American innovation, but it has created more jobs in China than in America. “IPad, the Macs, the iPhones, they are all manufactured in China,” Candy Crowley asked in the presidential debate Tuesday night. “One of the major reasons is labor is so much cheaper. How