Titan100

Looking at Apple's Staggering Financial Performance

Apple will not have declining earnings quarter over quarter. Gross margins will surprise in the 33% range and the iphone earnings snowball will cover any shortfalls elsewhere. This will be the earnings report that ends the downgrades. After Wednesday afternoon the big brokerage houses will start up the Apple band wagon again. I along with everyone else have noticed that the Apple stores are not as crowded as they were last year, but last year Best Buy was just getting started as a Apple Distributer and this year they are in full swing. I also cannot go anywhere with out seeing multiply iphones in use. The iphone ecosystem is beyond critical mass and there is no going back.
Like I said come Thursday morning they analysis will be tripping over each other to upgrade. I also look for a press conference announcement around earnings to bring out product upgrades or new products. Next month it will be Steve who?

Apple's FY09 EPS Estimate Is Too Low

I totally agree with your assumptions, why the big brokerage houses continue to reduce 2009 earning estimates without regard to deferred earnings I would have to call a conspiracy, if one believes in them. Apple is still posting revenue from the 1st Iphones sold. I personally know 3 people who purchased an iphone in the first quarter they were available so AT&T is still making monthly payments to Apple for them. The Iphone revenue is a huge snowball rolling down hill and picking up steam. Even if Apple does not sell a single Iphone ever again earnings for them cannot decline until the September quarter. I am looking forward to this months earnings call and anticipating a huge beat. I am long Apple and can afford to wait this out.

Why I'm Shorting Apple Ahead of Earnings

With everyone so sure that Apple will be sold off after the earnings I just have a feeling that the masses are wrong. No matter to myself, I will stay long.

What is different this time id that the price has not spiked with all the positive news. If this was last years market we would be looking at Apple in the $225 range. Then I agree that it would sell off.