Seeking Alpha
  • Ocean Man
    $AAPL quarterly EPS avg estimate (the number to "beat") has come down from $15.41 to $13.41 the past 90 days. This quarter last year,
    1/21/13
    Reply (14)
    • Ocean Man: the estimate was $10.16 and AAPL destroyed it with $13.87. However, quarterly EPS have fallen since, at $12.30, $9.32, and $8.67.
      1/21/13
    • Demi9OD: Here's what has always bothered me; Say EPS avg estimate was $15, and AAPL releases $13.50. Stock probably drops 5% at least...
      1/21/13
    • Demi9OD: Now say instead EPS avg estimate comes down from $15 to $13, stock price could stay flat or go up during downward revised estimates...
      1/21/13
    • Demi9OD: AAPL releases the same $13.50, now beating by $.50 on lowered expectations and stock price rises at least 5%.
      1/21/13
    • Demi9OD: Earnings releases generate big volatility, while the estimates that determine the quality of said earnings releases are non factors, why?
      1/21/13
    • Ocean Man: I agree, it's ridiculous when a stock drops X% on a pre-earnings warning or lowered guidance, then gains it all back upon beating the
      1/21/13
    • Ocean Man: lowered expectations.
      1/21/13
    • svz3029: The question is, have expectations been lowered enough?
      1/21/13
    • det9: We should also take sales into consideration too.They can beat but if the sales went down that does account to something. Right?
      1/21/13
    • Buffet_or_Broke: Almost the entire line of products was new for Q4, it's hard to imagine them not crushing this one.
      1/21/13
    • wheelz23: correct det9, forward guidance is what usually matters the most
      1/21/13
    • Ocean Man: On some companies yes, but forward guidance doesn't matter at all for companies that don't give forward guidance.
      1/21/13
    • wheelz23: apple does...at least it always did when i had shares
      1/21/13
    • abardy: ipad mini sold like hot cakes during the holiday and I'm sure iphone 5 did well. It's a no-brainer that it'll beat expectations!
      1/22/13