How do earnings play into this next week? Are you looking for Apple to reach $74 before earnings, or are you thinking $74 after earnings? If after, how does fair value come into play once Apple again blows out the quarter? Would the $74 be adjusted higher?
Part of me thinks it doesn't matter at all by just how much Apple beats estimates. It's the past. Everyone is so scared about the future and guidance is key, even though we all surely know by now that Apple sandbag's it's guidance.
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How do earnings play into this next week? Are you looking for Apple to reach $74 before earnings, or are you thinking $74 after earnings? If after, how does fair value come into play once Apple again blows out the quarter? Would the $74 be adjusted higher?
Oct 16 09:32 am
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All Comments by sfhc21 »How Low Will Apple Go? [View article]
Part of me thinks it doesn't matter at all by just how much Apple beats estimates. It's the past. Everyone is so scared about the future and guidance is key, even though we all surely know by now that Apple sandbag's it's guidance.