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Apple (AAPL -2.3%) roundup: 1) Ahead of its Feb. 27 shareholder meeting, Apple has enlisted...

Apple (AAPL -2.3%) roundup: 1) Ahead of its Feb. 27 shareholder meeting, Apple has enlisted giant U.S. pension fund Calpers to help push through voting reforms: among the proposed changes are a requirement that a majority of shareholder votes are needed to approve a director. 2) U.S. iPad Mini shipping times are down to 1-3 business days, while the new iMac remains back-ordered in Europe. 3) Morgan Stanley expects gross margin to rebound in 2H13 thanks to lower iPhone-related equipment purchases and stabilizing NAND flash prices.
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Comments (10)
  • realornot
    , contributor
    Comments (1281) | Send Message
     
    ipad minis are already over supplying after the shopping season. They are 3 months late to come on board. Blame China!
    4 Feb 2013, 01:53 PM Reply Like
  • JUDOKA
    , contributor
    Comments (406) | Send Message
     
    May be the most important meeting(from an investor's standpoint)that they have had since Jobs passed away.What can they say(or do)to gain back confidence?
    4 Feb 2013, 02:17 PM Reply Like
  • XRTrader
    , contributor
    Comments (609) | Send Message
     
    They need to talk about what they are going to do with their cash hoard (to say nothing about their FCF). In 2 years this company will be a giant bank / hedge fund (managing nearly 250 billion) - the market is giving them no benefit for their cash. So, management needs to telegraph to the market how they plan to use it. This could be as simple as announcing that they will do a minimum of 10% dividend raise per year and a minimum 5 billion buy-back per year for the next 5 years. They could announce a "stock buy-back floor" as Buffet did when he committed to buying BRK back at 110% of book (AAPL could announce that they will buy back stock up to 50 billion at prices at or below $400 a share. These moves will remove marketplace risk, and investors will be forced to confront what a massive stockpile of cash AAPL has...
    4 Feb 2013, 06:52 PM Reply Like
  • bmwr1200c
    , contributor
    Comments (192) | Send Message
     
    looks like great gamblers on the street are going to push this stock to 390s range and I am sure would jump in and stock up
    4 Feb 2013, 02:34 PM Reply Like
  • Mortonk
    , contributor
    Comments (173) | Send Message
     
    The markets are a complete joke if they can manipulate major stocks like this, it's the Wild West of investing......lets go for Google next, or Amazon......what they are not aware of is the damage that they are doing to the investment market in the process and the companies that they need to balance the economy and GDP.
    4 Feb 2013, 03:08 PM Reply Like
  • Jack Baker
    , contributor
    Comments (895) | Send Message
     
    Well, it's good to hear that one of those sell-side turds has something positive to say about margins. I agree that they will expand in q2. Unfortunately, the market has a lot of time to reek havoc on the stock between now and then.

     

    With regard to the mini, AAPL will record 7 million sales of the mini this quarter just to get channel inventory up to the 4-6 week range that AAPL's targets. So, lay 7 mm on top of whatever they actually sell for the quarter.
    4 Feb 2013, 04:09 PM Reply Like
  • RycheMykol
    , contributor
    Comments (352) | Send Message
     
    Apple could post a quarterly profit of 75 billion, an eps of $20+, and miss revenue by ONE DOLLAR, and the stock would tank because analysts were hoping for a penny higher on the EPS.
    4 Feb 2013, 04:16 PM Reply Like
  • stevereid
    , contributor
    Comments (31) | Send Message
     
    Here is a strategy that I will also post on the next GOOG report. Now that GOOG has hit it's all time high at 776+, it would make sense to start selling off (taking profit). Where better to re-invest than with AAPL, as it is near it's one year low $438.
    Then as APPL recovers (I'm optimistic) and GOOG declines to a more reasonable level, the investor will end up with a strong position in each--and they appear to be the most likely two winners in the tech arena.
    4 Feb 2013, 04:37 PM Reply Like
  • Jhalgren
    , contributor
    Comments (112) | Send Message
     
    Methinks there's huge tom-foolery going on with AAPL: try China espionage tactics or Samsung for starters.Apple is a great American company and there are envious criminals daring to trash it.
    4 Feb 2013, 07:22 PM Reply Like
  • ACAC
    , contributor
    Comments (31) | Send Message
     
    Why would they care? They are just private funds, hedged funds,... people who laughed over it sitting in the lounges of their private clubs.
    Nor public servants and big unions who initiate strikes over their over-paid and under-skilled salaries, but bring the whole economy down.
    5 Feb 2013, 01:22 AM Reply Like
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