Quote:
Originally Posted by AjitMD 
Two large hedge funds are closing their doors and I suspect others may be pulling back. AAPL has been the favorite in their holdings. Also, the macro fears are bringing the indexes down... and AAPL is part of them too.
The good news is that, unless the demand collapses in September, the company could make $4-4.50/s... or even more. They have guided 18.1B/Q4 sales and they could blow those numbers. Run rate PE could be 13... and that includes $40+B in cash. Take that out and the enterprise PE becomes 12. Unless the global demand tanks, it is a value stock.

Two large hedge funds are closing their doors and I suspect others may be pulling back. AAPL has been the favorite in their holdings. Also, the macro fears are bringing the indexes down... and AAPL is part of them too.
The good news is that, unless the demand collapses in September, the company could make $4-4.50/s... or even more. They have guided 18.1B/Q4 sales and they could blow those numbers. Run rate PE could be 13... and that includes $40+B in cash. Take that out and the enterprise PE becomes 12. Unless the global demand tanks, it is a value stock.
Thank you, good to hear

Been using Apples since 1978 and Macs since 1984
Long on AAPL so biased. Strong advocate for separation of technology and politics on AI.
Long on AAPL so biased. Strong advocate for separation of technology and politics on AI.
Been using Apples since 1978 and Macs since 1984
Long on AAPL so biased. Strong advocate for separation of technology and politics on AI.
Long on AAPL so biased. Strong advocate for separation of technology and politics on AI.






