Why Investors May Have To Reconsider Priceline.com [View article]
This is the new momentum darling. Growth funds need some place to invest and pcln is it. Too little room for error and small volume make this way too risky in the short term. A miss which in this quarter will bring this stock down to 500 quicker then you can say apple!!!
"Investors are worried about iPhone demand, iPad mix, Mac sales and most importantly margins," says BTIG's Walter Piecyk, discussing concerns going into Apple's (AAPL +1.4%) FQ1 report today. Piecyk took a lot of heat for downgrading Apple to Neutral last April, but shares are down 20% since then. He thinks an "old-school" revenue beat is needed to calm investors, but with shares now below 8x FY13 EPS exc. cash and earnings expected to show the first Y/Y drop since '03, expectations have come down. Revenue is expected to grow 18% Y/Y to $54.7B. [View news story]
Walter Piecyk is a washed up analyst! He missed the run up last year and now he is hoping to ignite a short run. There are much better independent people to listen to!
Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
90% of this is electronic based on price decline. The other is fear in the market. Either way wait a month and aapl will ride back to the 700 number by the end of January
In April, Apple's (AAPL) Chinese sales crushed expectations, and helped deliver a strong EPS beat in spite of slowing U.S. iPhone sales. Could China come to the rescue again today? China's 3G base rose 118% Y/Y in June to 176M subs, and smartphone growth has been torrid. Also possibly helping Apple: strong iPad sales (tablet forecasts have been rising) and a margin boost from low flash memory prices. On the flip side, Europe may have been weak, and MacBook sales soft ahead of a June refresh. [View news story]
Luxury is only half of the Iphone story. The IPhone is design beauty. As humans we all crave things that are beautiful to both look at and hold. Because of this we will almost always overpay for this feeling of design beauty!
In April, Apple's (AAPL) Chinese sales crushed expectations, and helped deliver a strong EPS beat in spite of slowing U.S. iPhone sales. Could China come to the rescue again today? China's 3G base rose 118% Y/Y in June to 176M subs, and smartphone growth has been torrid. Also possibly helping Apple: strong iPad sales (tablet forecasts have been rising) and a margin boost from low flash memory prices. On the flip side, Europe may have been weak, and MacBook sales soft ahead of a June refresh. [View news story]
It is baffling that most of the analysts have lowered their IPhone number. They all seem to forget that the phone is now available by more carriers across the world. If china has grown in smartphone sales it is safe to say that appl has sold at least 50% of that growth number.
6 Reasons iPhone Will Surprise Analysts [View article]
Well researched and even better articulated theory. The problem with both sell side and buy side analysts is that they always lack conviction to the stocks they cover. The major analysts have all sounded caution this week on Iphone sales for the june quarter, strangely though they all reiterated their price targets in the 700 range for the stock. You can't have it both ways boys. Apple is a great company and should be a long term holding in any good investment portfolio!
Rocco, I normally disagree with you on most things but this article was spot on. While there is no doubt that Apple's quarterly numbers were amazing and that is why it will take the market a few days to digest what Apple just accomplished. I have always traded under the principle that Greed and Fear are close cousins always trying to find the perfect balance. In a big way Apple has a tendency to throw your investing balance off because it is such a valuable and hard to understand company. The problem occurred because traders became fearful and took profits. Had they not and had aapl stayed above 600 before earnings it probably would have been at 700 today. But, Alas a good pull back can help stocks regain their legs. History shows that it takes a few days for investors to get back on aapl train after earnings and it looks like history repeated itself this week. Through in the fact that Appl has been down 12 of the last 14 trading days and the odds start to point that it will have a nice rally next week as investors start to realize the positive about aapl and it earnings power can give to their portfolio. Thanks for writing your articles!
What Apple Is Doing Right To Create Long-Term Value [View article]
What is frustrating to me is that on a day when investors seem eager to jump into amzn and it ridiculous valuation that we have not seen a bigger jump in aapl the last two days. Can you imagine if apple had a valuation even close to amzn or pcln. Of interest especially is the fact that the last two names are also considered technology stocks. Not sure why they are given the earnings multiple benefit of the doubt?
What Apple Is Doing Right To Create Long-Term Value [View article]
Good analysis. I think we are in that period as with last quarters earnings that the market has a bit of Apple fatigue. Even the best traders and investors need a break after all the swings the stock went through. I don't like the trend being down on such low volume as we are now down 14 dollars from the intraday high on Wednesday. If the day continues the same way. Apple will have been down 12 out of the last 14 days. Not the way a stock with blow out earnings should be reacting. Curious if you have any thoughts?
Apple (AAPL) followers are all over Cirrus Logic's (CRUS +14.1%) FQ4 report, in which the audio chip supplier beat estimates and suggested sales would rise sharply after a soft June quarter. Capstone believes Apple accounted for 63% of FQ4 revenue, down from 70% in FQ3, and thinks this indicates June quarter iPhone sales will fall to 28M-30M from 35.1M, though iPad sales will rise to 16M from 11.8M. Oppenheimer believes Apple could become an 80% customer by year's end. [View news story]
I can not believe that this happened again yesterday and today. After the miss that all of the big analysts had last week. Why would they even begin to try and tie an IPhone number to one of it's suppliers. This is a foolish way to look at numbers for the june quarter.
28 Big Reasons Apple Will Fall: A Rebuttal [View article]
It so easy to shoot at aapl during a down period! You have done a great point by point rebuttal. Thanks for the quick reply to a very poorly written/researched note on AAPL!
For example, the iPhone 4S was launched in the U.S. and six other countries on October 14, 2011, followed by 22 countries on October 28, 15 countries on November 11, 26 countries on December 26 and 22 new countries (including China) on January 13 of this year. Using our 29.6 million iPhone unit forecast for the March quarter, we estimate AT&T would account for 14.5% of total iPhone shipments and down from the 20.5% in 4Q11. During 2011, AT&T represented a quarterly average of just over 18% of total iPhone shipments. Taking a look back at the launch of the iPhone 3GS (6/19/09) and iPhone 4 (6/24/10), AT&T’s percentage contribution of total iPhone shipments fell substantially during the first full quarter after the launch. For example, AT&T contributed approximately 43% of 3Q09 iPhone shipments but dipped to 35% in 4Q09 Hope this help!
Reading Samsung's Tea Leaves To Predict iPhone Demand [View article]
Roller coaster of an investing week. I think the big wild card is china and the excitement that the IPhone has generated there. The 4s was available in 22 different countries starting this January, that is why relying on the Verizon data is risky. The Asian markets have been very excited about the IPhone for a long time. Do some homework on your own and walk into any apple store in a major city and look at the huge ethnic demographic that is shopping there. It is going to be a long three days but I remain a bull on aapl!
The story has only gotten better. There is not a stock on the Dow, Nasdaq or S&P that will reward you with a growth story like aapl. There devices are coveted by every social classes they are an aspirational brand. And unlike Ralph Lauren or Michael Kors, AAPl will not go out of style based on the next seasons of fashion. Their ECO system is second to none and makes people want their device.
The Correction Is Not Over: Tactical Long And Short Ideas For The Expected Dip [View article]
Great Article! I think they overall market sentiment is FEAR! The apple story has not changed. The smartest market makes are predicting blowout earnings for apple and likely their key suppliers. It would be amazing for any company to be up 11 straight weeks. Be cautious but don't run from the best performance stock of our generation.
Why Investors May Have To Reconsider Priceline.com [View article]
"Investors are worried about iPhone demand, iPad mix, Mac sales and most importantly margins," says BTIG's Walter Piecyk, discussing concerns going into Apple's (AAPL +1.4%) FQ1 report today. Piecyk took a lot of heat for downgrading Apple to Neutral last April, but shares are down 20% since then. He thinks an "old-school" revenue beat is needed to calm investors, but with shares now below 8x FY13 EPS exc. cash and earnings expected to show the first Y/Y drop since '03, expectations have come down. Revenue is expected to grow 18% Y/Y to $54.7B. [View news story]
Apple (AAPL -3.6%) has sold off in early trading, apparently on news clearing firms are raising their margin requirements for positions due to fears of being too heavily concentrated in the $526B company. One firm, COR Clearing, raised its margin requirement to 60% from 30%. [View news story]
In April, Apple's (AAPL) Chinese sales crushed expectations, and helped deliver a strong EPS beat in spite of slowing U.S. iPhone sales. Could China come to the rescue again today? China's 3G base rose 118% Y/Y in June to 176M subs, and smartphone growth has been torrid. Also possibly helping Apple: strong iPad sales (tablet forecasts have been rising) and a margin boost from low flash memory prices. On the flip side, Europe may have been weak, and MacBook sales soft ahead of a June refresh. [View news story]
In April, Apple's (AAPL) Chinese sales crushed expectations, and helped deliver a strong EPS beat in spite of slowing U.S. iPhone sales. Could China come to the rescue again today? China's 3G base rose 118% Y/Y in June to 176M subs, and smartphone growth has been torrid. Also possibly helping Apple: strong iPad sales (tablet forecasts have been rising) and a margin boost from low flash memory prices. On the flip side, Europe may have been weak, and MacBook sales soft ahead of a June refresh. [View news story]
6 Reasons iPhone Will Surprise Analysts [View article]
'One More Thing' About Apple [View article]
What Apple Is Doing Right To Create Long-Term Value [View article]
What Apple Is Doing Right To Create Long-Term Value [View article]
Apple (AAPL) followers are all over Cirrus Logic's (CRUS +14.1%) FQ4 report, in which the audio chip supplier beat estimates and suggested sales would rise sharply after a soft June quarter. Capstone believes Apple accounted for 63% of FQ4 revenue, down from 70% in FQ3, and thinks this indicates June quarter iPhone sales will fall to 28M-30M from 35.1M, though iPad sales will rise to 16M from 11.8M. Oppenheimer believes Apple could become an 80% customer by year's end. [View news story]
28 Big Reasons Apple Will Fall: A Rebuttal [View article]
Refuting 3 Apple Fears [View article]
Reading Samsung's Tea Leaves To Predict iPhone Demand [View article]
Apple 5-Day Losing Streaks [View article]
The Correction Is Not Over: Tactical Long And Short Ideas For The Expected Dip [View article]