Only Apple

[raincrab]

Quote from short4bread:

This and the fact most of the analyst on Wall Street were expecting APPL not to make its numbers. I don't know how they could forget the Asian growth. On a side note, the other day a little girl in Asia sold one of her organs for an Iphone. Talk about demand and brand loyalty (she has other organs to sell for her upgrades). The guys that did the transplant got in a lot of trouble for it. Do you think I could buy a wife with an Iphone? Ah, I am engaged anyway .

95% of the analysts were expecting it to outperform, most people assume it was the other way around because the media (looking at you cnbc) only echoed the analyst that doubted.

 

[keeptradin']

Quote from raincrab:

pre earnings profit taking

CrAAPLe beats earnings estimates by 94%, and closes down $20-plus per share three days post-earnings.

Gonna be some severe beatings given in those Asian sweatshops over those kind of numbers.

 

[short4bread]

Quote from atticus:

Name one analyst which stated they would miss the FirstCall estimate. One.

Walter Piecyk of BTIG Research. Let me know if you need one more.

 

[short4bread]

Quote from atticus:

I'd bet we don't see $700 in 2012.

You just may be right, but I don't care if I'm long or short.

 

[short4bread]

Quote from atticus:

I'd bet we don't see $700 in 2012.

IMO I think it hits 700. It's a 16.08% move from here. Would you care to elaborate on why you don't see 700?

 

[stock777]

more reason to hate Apple, they are tax dodgers.

http://www.nytimes.com/2012/04/29/b...gy-aims-at-low-tax-states-and-nations.html?hp

See a pattern here? Milk customers, slave labor, tax dodge.

 

[rockefehler]

Quote from short4bread:

IMO I think it hits 700. It's a 16.08% move from here. Would you care to elaborate on why you don't see 700?

He sees me as contra-indicator

 

[raincrab]

Quote from stock777:

more reason to hate Apple

-snip-

I've been trading from a macbook pro all year, feels good.

 

[SteveNYC]

Raising my target on Apple from $650 to $750.

 

[cactiman]

I'm more of a Trend Trader, believing all Fundamentals, Technicals and Emotions are reflected in the Current Price, Support & Resistance Levels & Trend Direction.
So I don't get too specific about where a stock price will be next week or in 8 months, though I must choose Strike Prices when making bets of course.
Currently my January Strikes range between 570-660, which I think are "reasonable guesses" based on the Chart. I'll add more positions as things develop over the coming months.
But if AAPL is at 500 on December 1st, I'll have to "go with the flow" and make the necessary changes, etc.

Anyway, as to Fundamentals, I'm sure you guys have seen all these numbers already (they vary a bit from site to site), but here's a recap:

AAPL: 2012 Fiscal Year

Average Quarterly EPS:
Dec 2011: $13.87
Mar 2012: $12.30
Jun 2012: $10.39 (estimate)
Sep 2012: $10.45 (estimate)
2012 Total EPS: $47.01

Trailing PE Ratio: 14.69 (x $47.01 = $690.58)

2012 Ave Price Target Estimates: $725-$741
High Target: $910
Low Target: $270!!!