awcabot

Apple's Non-GAAP Earnings Are the Real Story

Fact check: Apple posted EPS $1.33, GAAP.

Apple Downgraded: Despite Recent Rally, Headwinds Loom

Now this guy sees economic headwinds? What was this guy thinking last fall and winter?

Apple: The Street Was Hoping for Price Cuts

So, all of these analysts know Apple's customers better than Apple? I see them, on average, incapable of predicting what Apple will sell or earn. Therefore expectations from analysts should be seen as astrological predictions: meaningless.

Netbook Sales Cannibalizing PC Revenues

Hubberty can't tell her ass from her elbow. She is one of the worst rated stock analysts. Stop giving her webspace.

Recession Takes a Bite Out of Mac Sales

....Last fall we noted, “...our results for the next 90 days show Apple has a considerable visibility problem – representing the real Achilles' heel for the company.”....

Well, given that the company (again) surpassed Wall Street's expectations last fall, Apple's Achilles' heel was much tougher than Mr. Carton predicted. I would like to know his EPS estimates record before I give him much credence.

Tech Bellwethers: Earnings Scorecard

Apple pretty much always gives conservative guidance, and regularly beats it. The Trade RaD&R Operator ought to look at trends in guidance, compare to actual results, for this data to be meaningful.

Apple Gets a Lift, But Analysts Show More Pessimism Than Optimism

Biased article.

Abramsky is the only analyst to have a negative outlook on Apple and he failed quite spectacularly on his EPS estimates for this quarter, in spite of being quite close to actual units shipped. This shows that he can not do analysis even if he has good data to start with and I am disappointed in FP Trading Desk selecting his analysis over the others.

Apple Could Get a Boost From iPhone's Introduction to China

"However, sales of Apple’s iPhone may be boosted by a possible introduction to China in mid-2009."

Noooo, you don't say!? You must be kidding me? Apple's iPhone may be boosted by a possible introduction to China? I thought that selling the iPhone in China was going to reduce sales!!! I mean, I thought Apple selling the iPhone in Malta was going to be a boost!

(How much are financial analysts paid to come up with statements like this? And one wonders why the US is in a financial crises...)

MacWorld to Follow Floppy Disk Into Extinction

I can understand the reasons not to attend a trade show, but there are benefits.

It is an excellent venue for upper management, product designers and engineers to mingle with customers and get piece of their mind, unfiltered by yes-men, business analysts, marketers and so forth. The same level of interaction can not be achieved at the retail store level.

Hacker Watch: iPhone 3G Unlocked? BD+ Secured?

iPhones can be had in Italy, without restraints on the carrier, for €569. Even if purchased with a carrier contract, users are still entitled to change the SIM card with that of another operator.

Apple's Walmart Deal Will Effectively Kill Google's Android

SJ stated so during the 2008q4 conference call. But even without that tidbit of news, they have sold 9.3M iPhones during the first three quarters of 2008. Do you think that they won't be able to sell 700K iPhones in one quarter?


On Dec 10 09:38 AM User 316700 wrote:

> Has Apple ever announced 10 million iPhones sold for 2008? In October,
> many people were talking about 10 million sold but there has never
> been any official word from Apple. And there are only three weeks
> to go before 2008 ends. One would expect Apple to make a big deal
> about that major milestone, touted as the company goal for the year
> by Jobs himself.

Apple's Surprising Jump After Bleak Guidance

Apple actually guided $7.8B(*) and delivered $7.9B, so it beat it's own guidance.

However I would like to know why the author thinks that 15x trailing earnings is a good price, when presumably he bought it at $118 in February, when it had a considerably higher P/E. Why was the high P/E ok then but not now? Are Apple's EpS growth prospects so reduced that at P/E of 15 is high? Is the author considering GAAP or non-GAAP earnings?

I personally think that Apple at worst will deliver no low growth (10%) for the next couple of quarters, and when this economic malaise subsides, we will find Apple growing a fourth leg to it's business model, in something we can not yet imagine.

* www.apple.com/pr/libra...

Apple Valuations: Still at Risk

No original analysis, merely a rehashing of Mr. Abramsky's work.

Mr. Abramsky doesn't count in Apple's strong fundamentals it's $21B cash reserve, and no debt. He believes that the only challenges to Apple are declining gross margins and loss of momentum, when he ignores potential competitors (they are getting good), and trouble with content providers.

Mr. Abramsky doesn't know how to analyze, FP desk is merely copying his work without paying him a royalty fee, and SeekingAlpha keeps on disappointing.

How Low Will Apple Go?

The author assumes that Apple's P/E will approach that of the S&P 500 average, but gives no reason why. Since common sense, also known as fundamental analysis, has been thrown out of the window since August; I wonder why it should return now.

It is well known that Apple's FCF, balance sheet, income statement, and it CEO's blood pressure are solid; and that the current price is unjustified. I would prefer some more detailed technical analysis as to where AAPL is now and where it may go.

Morgan Cuts Targets on Host of Tech Hardware Stocks

Savitz, I wouldn't get my panties in a twist over this...the dollar has already lost a good portion of it's recent rise.