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AMZN and AAPL earnings soon
- Thread starter stock_trad3r
- Start date
This is why Apple is down, not because they only beat estimates by .10:
Apple (AAPL 162.89, +2.69, +1.7%) shares fell 1.9% at $159.74 after the technology company forecast third-quarter earnings of $1 a share, below the $1.09 a share estimate among analysts surveyed by FactSet Research. Apple also expects sales for the quarter of $7.2 billion; Wall Street is looking for $7.22 billion.
Apple (AAPL 162.89, +2.69, +1.7%) shares fell 1.9% at $159.74 after the technology company forecast third-quarter earnings of $1 a share, below the $1.09 a share estimate among analysts surveyed by FactSet Research. Apple also expects sales for the quarter of $7.2 billion; Wall Street is looking for $7.22 billion.
Quote from Pachoo:
This is why Apple is down, not because they only beat estimates by .10:
Apple (AAPL 162.89, +2.69, +1.7%) shares fell 1.9% at $159.74 after the technology company forecast third-quarter earnings of $1 a share, below the $1.09 a share estimate among analysts surveyed by FactSet Research. Apple also expects sales for the quarter of $7.2 billion; Wall Street is looking for $7.22 billion.
You are correct but even if they would have reported in line with guidance, aapl would still have reacted liked so.
Believe me, a beat of .22 was a must. There average beat over is at least .20 for many years.
GREEN break even woohoo
Glad I held
Glad I held
AAPL is only 14 points higher than its July 2007 high of 148
In the meantime revenues have surged and there are tons of new products. AAPL should easily get back to 180
Looks like it will end in the AH red which is where the money guys want it
had AAPL been at 140 this would have been a great report but at 163 maybe it wasn't enough for a rally.
In the meantime revenues have surged and there are tons of new products. AAPL should easily get back to 180
Looks like it will end in the AH red which is where the money guys want it
had AAPL been at 140 this would have been a great report but at 163 maybe it wasn't enough for a rally.
LOL, explain why the stock is now up than?Quote from nyxtrader:
You are correct but even if they would have reported in line with guidance, aapl would still have reacted liked so.
Believe me, a beat of .22 was a must. There average beat over is at least .20 for many years.
You are completely wrong that apple needed a .22 point estimate surprise to go up. A .05 surprise would have done the trick if they hadn't lowered their 3Q guidance.
Quote from Pachoo:
LOL, explain why the stock is now up than?
You are completely wrong that apple needed a .22 point estimate surprise to go up. A .05 surprise would have done the trick if they hadn't lowered their 3Q guidance.
Explain this genius, why did aapl get rocked last earnings season? They didn't beat by enough. That is why, they have a record of beating by 20 anything less than that is not looked at well.
Not to be a dick but I have forgotten more about earnings than you will ever know. I am just trying to help you out bro. Each stock has its own psycological profile and reacts differently to earnings.
Go back and read some of my previous post, 2 quarters ago I was short GS and made it public BEFORE the report BECAUSE i know what the fuck I am looking for.
EDIT: I will give you ONE reason they had to beat so much. APPL is known for sandbaging their future guidance. All of that plays a toll in how a stock reacts. Didn't mean to be harsh with the above comment but if you would listen to me, I would say you some money.