New marketing 101------Start by telling all your existing customers they are idiots in every advertisement that is run on TV. That worked just as it should have; the customers left. Mission accomplished.
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
Stan You bring up a point (or, at least I inferred it from your comments) which I comment about often; mainly, don't confuse the merits of Apple the company and it's products (which are quite good) with the market price of Apple's stock. Valuation of the stock and a critical review of the products Apple sells are two very different subjects. The former can be highly subjective while the latter is highly objective.
Apple (AAPL) only looks cheap if it maintains its profit margins (35.3% in 2012), writes The Brooklyn Investor. Slapping Samsung's mobile operating margin of 18% on Apple's $181B in expected revenue this year then giving it a 10 multiple and adding back cash yields a value of $370/share. Margins might not decline right away (and revenues may increase to offset), but Apple bulls are fighting the powerful historical tendency (particularly for Apple) of excess margins getting competed away. [View news story]
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
wiesje "has nothing to do with company performance or value,.............."
You just described many stocks. Your comment is apt for many ridiculous multiples today like in Netflix, Amazon and others. Why even Verizon gets a 50+ multiple.
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
bbro Will you be averaging down or sitting on what you have? I am tempted at 390 but will wait until after earnings.
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
"Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate."
That is the issue. Can they continue to earn at the 2012 rate?
California may face its biggest regional power shortages since the days of Enron this summer, as the state grid will be operating without Edison's (EIX) San Onofre nuclear power plant and two natural gas-fired units, while hydroelectric output will be at a three-year low. Even bigger shortages may await in the next decade as state environmental regulations force more plants to shut down. [View news story]
Couldn't happen to a bigger bunch of idiots. They will reap what they have sowed.
Dr. Copper's diagnosis for the world economy: It isn't well. Copper ended the week wallowing in bear market territory after top copper consumer China reported slower-than-expected economic growth. At this point, weak demand and robust supplies could continue to put pressure on copper prices, or heavy short selling may dry up and spur a strong rebound. [View news story]
Perhaps Ben and the Fed will start buying copper and all will be well.
Analysts, who earlier in the day hailed GE's (GE -3.8%) better-than-expected Q1 revenue, turn negative as Jeff Immelt says GE will try to boost earnings by cutting $1B in costs this year rather than relying primarily on sales growth (conference call). "The level of uncertainty in terms of their ability to meet their goals has risen," says one. Nomura calls the quarter "broadly disappointing." [View news story]
Jacob IMO. one should have a large percentage (the definition of "large" is up to the individual based partly on age and partly on risk tolerance) of one's retirement funds in safe steady stocks with good dividends and a smaller portion of what I call "mad money" the loss of which wouldn't derail the plan. To put all the money into risky bets is simply nuts.
Wall Street Breakfast: Must-Know News [View article]
bob Gee whiz..if the NRA didn't exist America would make the Garden Of Eden look like a slum with riches for everybody, no crime, no wars, and a utopia where everyone lived to be a thousand years old.
Oh, there would still be one murder though-----abortion for everyone who wants to kill a baby.
Wall Street Breakfast: Must-Know News [View article]
We had a terror attack on 9-11, did you forget?
And, before you start, the democrats voted to go to war after 9-11.
J.C. Penney Hangs By A Thread [View article]
AT&T: Financial Shenanigans, Painful Truth Coming [View article]
Is Verizon any better off? At least T carries a PE of ca. 30 compared to VZ PE of ca. 50.
Wall Street Breakfast: Must-Know News [View article]
Don't bet on it. Guaranteed the administration and MSM will spin it in a way the sheeple will be told things are great.
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
You bring up a point (or, at least I inferred it from your comments) which I comment about often; mainly, don't confuse the merits of Apple the company and it's products (which are quite good) with the market price of Apple's stock. Valuation of the stock and a critical review of the products Apple sells are two very different subjects. The former can be highly subjective while the latter is highly objective.
Apple (AAPL) only looks cheap if it maintains its profit margins (35.3% in 2012), writes The Brooklyn Investor. Slapping Samsung's mobile operating margin of 18% on Apple's $181B in expected revenue this year then giving it a 10 multiple and adding back cash yields a value of $370/share. Margins might not decline right away (and revenues may increase to offset), but Apple bulls are fighting the powerful historical tendency (particularly for Apple) of excess margins getting competed away. [View news story]
"buy an American phone from Apple"
Apple phones are made where?
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
"has nothing to do with company performance or value,.............."
You just described many stocks. Your comment is apt for many ridiculous multiples today like in Netflix, Amazon and others. Why even Verizon gets a 50+ multiple.
My 5 Summer Stock Market Flings For 2013 [View article]
I think you are on the wrong web site.
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
Will you be averaging down or sitting on what you have? I am tempted at 390 but will wait until after earnings.
Having digested more bad news and 4 days away from an FQ2 report expected to show an 18% Y/Y EPS drop, "investors are suspicious about the ‘E’" in Apple's (AAPL) P/E, notes fund manager Lawrence Creatura. But for now, Apple (AAPL) trades at just 5.6x FY13 EPS after backing out cash. Or as BI puts it, Apple needs only 6 years to produce enough cash to match its enterprise value, if it was simply produced at FY12's rate. The FQ2 report could include light guidance for an FQ3 that's about to see Samsung's Galaxy S IV go on sale, and could see iPhone/iPad buyers delay purchases ahead of refreshes. Is that enough to justify a valuation lower than Dell's? [View news story]
That is the issue. Can they continue to earn at the 2012 rate?
California may face its biggest regional power shortages since the days of Enron this summer, as the state grid will be operating without Edison's (EIX) San Onofre nuclear power plant and two natural gas-fired units, while hydroelectric output will be at a three-year low. Even bigger shortages may await in the next decade as state environmental regulations force more plants to shut down. [View news story]
Dr. Copper's diagnosis for the world economy: It isn't well. Copper ended the week wallowing in bear market territory after top copper consumer China reported slower-than-expected economic growth. At this point, weak demand and robust supplies could continue to put pressure on copper prices, or heavy short selling may dry up and spur a strong rebound. [View news story]
Analysts, who earlier in the day hailed GE's (GE -3.8%) better-than-expected Q1 revenue, turn negative as Jeff Immelt says GE will try to boost earnings by cutting $1B in costs this year rather than relying primarily on sales growth (conference call). "The level of uncertainty in terms of their ability to meet their goals has risen," says one. Nomura calls the quarter "broadly disappointing." [View news story]
The 'Retire Young' Portfolio [View article]
IMO. one should have a large percentage (the definition of "large" is up to the individual based partly on age and partly on risk tolerance) of one's retirement funds in safe steady stocks with good dividends and a smaller portion of what I call "mad money" the loss of which wouldn't derail the plan. To put all the money into risky bets is simply nuts.
Wall Street Breakfast: Must-Know News [View article]
Gee whiz..if the NRA didn't exist America would make the Garden Of Eden look like a slum with riches for everybody, no crime, no wars, and a utopia where everyone lived to be a thousand years old.
Oh, there would still be one murder though-----abortion for everyone who wants to kill a baby.