Seeking Alpha
  • Somporn Suksi
    AAPL: the number to watch is 13.57, current next CTL mean estimate EPS. If this rises sentiment will turn.
    11/7/12
    Reply (8)
    • Ashraf Eassa: I think they can do it...they always lowball EPS guidance.
      11/7/12
    • Somporn Suksi: The 13.57 is the Street consensus, whereas guidance was way lower.
      11/7/12
    • Ashraf Eassa: Yeah, they gave like $11.25. I don't know why they bother lowballing...Wall St. sees through it and sets its own expectations.
      11/7/12
    • Somporn Suksi: Right - which is exactly why the "miss" phenomenon happens. But this time I think the guys are purposely lower. We'll see a 14-15 handle.
      11/7/12
    • Ashraf Eassa: I hope so - lots of people own $AAPL, so it's in the best interest of the majority for Apple to do well.
      11/7/12
    • Somporn Suksi: Conspiracists would say that big money pushed it down so that clients can enjoy the Q1 ride up they originally missed this summer.
      11/7/12
    • rrose39: I too believe Apple will handily beat 13.57. The problem will come if analysts revise that number upward closer to the reporting date.
      11/7/12
    • Somporn Suksi: No, opposite - raising estimates will infer that a better "beat" will be expected, and buyers will chase - happened before. Not today tho.
      11/7/12