It is perpetually annoying how Wall Street always seems to have a negative reaction to Apple's positive earnings.
the stock is taking a pretty hard dive this morning.
AAPL is THE growth stock. If you don't own it, you're a fool. Just buy low and hold long. 340.00 by the end of the year is my target price.
MSFT keeps getting punished for outstanding earnings.![]()
Absolute nonsense. The IP4 debacle will lower it to 200 for sure.
Absolute nonsense. The IP4 debacle will lower it to 200 for sure.
Do you even bother to read analyst reports? I have yet to find one that says the IP4 issue is anything worth worrying about. And, frankly, it's not.
It is perpetually annoying how Wall Street always seems to have a negative reaction to Apple's positive earnings.
Bottom line. Buy AAPL today.
Apple tends to underestimate results and with the rollout of a product so successful they cannot make them fast enough, the earnings will be increasing in the future.
As I type this the price is $242.50. Many analysts have a price target over $300. AAPL has consistently overshot analyst estimates.
Do as you will. If you are considering buying, pull the trigger. If you are an owner of stock, consider slowly selling above $300 and buy on short term seasonal weakness. This is not typically one of those times.
Maybe Apple is testing it to make sure there are no problems with it if you touch it.
the stock is tanking a pretty hard dive this morning.
Bottom line. Buy AAPL today.
Apple tends to underestimate results and with the rollout of a product so successful they cannot make them fast enough, the earnings will be increasing in the future.
As I type this the price is $242.50. Many analysts have a price target over $300. AAPL has consistently overshot analyst estimates.
Do as you will. If you are considering buying, pull the trigger. If you are an owner of stock, consider slowly selling above $300 and buy on short term seasonal weakness. This is not typically one of those times.
Rocketman
Then go for Short SellingProblem is, some feel the market will continue to go down.
Tell that to BP or Toyota.
P-Worm
I bet RIM, Nokia, etc. are all sitting around this morning in a board room saying "So.....how can we stir the turds on the forums to blow up some little bug way out of proportion?!?!?!? Look at what that press did for Apple!!!!!!"
There is no such thing as bad publicity.
BP Gulf Spill = estimated trillions of dollars in ecological and economic impact.
Toyota = potential to cost people their lives, massive safety issue and malfeasance if they knew about it and hid it.
Apple = worst case, phone calls dropped.
Ummmmm, I think you've not yet learned the concept of 'magnitude.'
Wow did you pull that of thin air? The estimates I have so far are about $100 billion in damage.
Is there anything wrong with the desktop Macs? Is there a specific piece of hardware that you absolutely need for work or business? Mac Pros are workstations. Workstations need long term support and stability, not the latest and fastest consumer processor.
New iMacs and Mac Pros are coming. The current ones are still very powerful and more than enough for most consumers' needs.
Along this line, does anyone know if it is ever the case that product announcements take the form of a mention in future-looking statements in an earnings call? i.e. new mac pros tomorrow finger-crossing...
AAPL is THE growth stock. If you don't own it, you're a fool. Just buy low and hold long. 340.00 by the end of the year is my target price.
Just because Steve told you that it doesn't make it true - it's not the SAME problem, it's attenuation from your hand blocking radio waves that all phones suffer - the iP4 suffers from that AS WELL as it's own flaws of skin contact with the antenna, can you stop any of those phones working with one fingertip? (besides pressing the "off button")
Is the Toyota thing still massively negative over in the states? It's hard to read the situation from the other side of the pond. As far as I can tell, the major accidents that have been investigated so far all seem to point to user error (pressing the accelerator by mistake, not the accelerator sticking). I know there have been problems, and recalls were necessary, but that happens all the time in the auto world.
BP are in pretty dire straights right now though. I suspect that they'll still make $20bn profit a year though. Oil just seems to work that way.
I can't do that with my iPhone4. One fingertip? Really?
I'd like to see that.