And iPhone sales are actually UP year over year. The panic is ridiculous. Apple is doing just fine.
I wouldn't worry at all about this, the analysts won't. They'll be scooping up tons of AAPL shares thanks to their missed estimates. I'm looking forward to Apple's stock buyback program. That should temper some of the wild speculation and stock manipulation by these clowns.
And iPhone sales are actually UP year over year. The panic is ridiculous. Apple is doing just fine.
I wouldn't worry at all about this, the analysts won't. They'll be scooping up tons of AAPL shares thanks to their missed estimates. I'm looking forward to Apple's stock buyback program. That should temper some of the wild speculation and stock manipulation by these clowns.
Sounds like a lot of Europe/Euro mainly. (And "Resource based Economies.) Effectively flat YOY.
Always love the glass is half empty people, what an empty life...
If it weren't for the half-emptiers, I'd never have been able to pick up AAPL over the years (at the various reservation prices I've had). They've made me a fair bit of money. So, bless them.
Numbers were just ok. About 20% growth on revenues and earnings. Maybe part of the issue is the bigger you get, the harder it is to drive a higher percentage of growth. Beat their own estimates but not the expectations. The guidance showed growing revenue at what looking like about 20% yoy and less than 10% for earnings.
The guidance was ok on revenues and not so ok on earnings. Apple was still fairly light in their guidance for the just reported quarter so I would expect that they will beat their numbers and this quarter will probably look a lot like the just reported quarter, maybe a little less on earnings because they are expecting lower margins.
After hour numbers look like the stock is down about 5% right now. Maybe we will stay in this range unless we hear something different about announced products but the present guidance means we don't see the new iPhone until Apple's first quarter. Maybe Apple won't have such a discounted growth rate. The dividend should also help stabilize the price some.
APPLE, MICROSOFT and GOOGLE really need to start paying their fair share of taxes. I understand there are loop holes and such, but when you sit with billions of dollars on hand I think they can afford to pay a higher tax percentage than me.
Don't love your stock too much because the stock doesn't love you. It's a simple equation as always folks: Buy low, sell high. Another earning miss is to be expected this quarter, so AAPL will go down perhaps another 200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria".
Sure makes you wonder whether those amateur analysts were smarter than the professionals, or whether they were simply just bigger Apple fans. Oh wait, no it doesn't. They were always just the latter. They will continue to be more accurate as long as Apple is doing well, and when Apple starts doing more poorly, they will consistently be worse at predictions.
Wow. It's really sad when my posts that make fun of trolls by hyperbolizing what I think they'll say turn out to be what they actually say.
The trolls here have nothing on the ones at MR. Tim Cook admitted that the iPhone rumor mill had an effect on sales. Couple that with releases from HTC and Samsung that were heavily pushed on tech sites and it's not surprising at all that iPhone sales were soft. Let's see what the sales of Galaxy S III are in Q4 when the new iPhone comes out.
Another earning miss is to be expected this quarter, so AAPL will go down perhaps another 200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria".
Let's see what Tim and Co. have to say about this quarter's results.
I see the trolls are out. Oh, well....
There's nothing they need to say. The results are fantastic. There's some, however, that have absolutely no fucking perspective. 26 million iPhones and 17 million iPads is now considered a miss? Compared to what, the numbers that analysts pull out of their ass? It definitely isn't a 'miss' compared to every other tech company out there, and every other company on the planet. They would all absolutely kill to have these numbers and profits. Also, the iPad numbers are a record, for a product that has shattered all records already.
People on here wrote off RIM in the last few years based on market share decline. Well Apple just posted a 20% drop in units sequentially and Android continues to grow. It is also dropping in ASP, and gross margins have peaked.
The iPhone 5 will drive a lot of iPhone sales but possibly most to existing customers and at most for 2 quarters. It might be heretical but Apple possibly need two updates a year.
Still worth a buy in August before the new stuff comes out b
Set a too high objective, then the stock drops on it's gain because it didn't meet some analyst guess!
Gives the houses a chance to buy underpriced Apple shares, from those who panic and sell.
Anyway a nice dividend coming for those who ignored the brokerage house game.
Exactly. It happens over and over again. People without a clue shouldn't be investing in the market.
Sure makes you wonder whether those amateur analysts were smarter than the professionals, or whether they were simply just bigger Apple fans. Oh wait, no it doesn't. They were always just the latter. They will continue to be more accurate as long as Apple is doing well, and when Apple starts doing more poorly, they will consistently be worse at predictions.
On average, the amateurs have been much more accurate than the pros.
Don't love your stock too much because the stock doesn't love you. It's a simple equation as always folks: Buy low, sell high. Another earning miss is to be expected this quarter, so AAPL will go down perhaps another 200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria".
So you expect AAPL to drop to the mid- to high- 300's? Care to make a bet? That would put P/E at well below 10 - and more like 6 if you use cash-adjusted P/E. For a growing, extremely profitable market leader, those kinds of numbers would be truly delusional.
Comments
Quote:
Originally Posted by blackbook
And iPhone sales are actually UP year over year. The panic is ridiculous. Apple is doing just fine.
I wouldn't worry at all about this, the analysts won't. They'll be scooping up tons of AAPL shares thanks to their missed estimates. I'm looking forward to Apple's stock buyback program. That should temper some of the wild speculation and stock manipulation by these clowns.
$117 with $84(?) overseas.
Quote:
Originally Posted by AaronJ
5-year numbers (you know, for people who are actually investors):
MSFT: -6.45%
AAPLE: +336.30
And yes, I have been enjoying it. Bought most of my AAPL shares when it was at ~$13, and that was before they split.
You did even better than I did. Congrats.
Sounds like a lot of Europe/Euro mainly. (And "Resource based Economies.) Effectively flat YOY.
Quote:
Originally Posted by normang
Always love the glass is half empty people, what an empty life...
If it weren't for the half-emptiers, I'd never have been able to pick up AAPL over the years (at the various reservation prices I've had). They've made me a fair bit of money. So, bless them.
My take on the numbers
Numbers were just ok. About 20% growth on revenues and earnings. Maybe part of the issue is the bigger you get, the harder it is to drive a higher percentage of growth. Beat their own estimates but not the expectations. The guidance showed growing revenue at what looking like about 20% yoy and less than 10% for earnings.
The guidance was ok on revenues and not so ok on earnings. Apple was still fairly light in their guidance for the just reported quarter so I would expect that they will beat their numbers and this quarter will probably look a lot like the just reported quarter, maybe a little less on earnings because they are expecting lower margins.
After hour numbers look like the stock is down about 5% right now. Maybe we will stay in this range unless we hear something different about announced products but the present guidance means we don't see the new iPhone until Apple's first quarter. Maybe Apple won't have such a discounted growth rate. The dividend should also help stabilize the price some.
APPLE, MICROSOFT and GOOGLE really need to start paying their fair share of taxes. I understand there are loop holes and such, but when you sit with billions of dollars on hand I think they can afford to pay a higher tax percentage than me.
Don't love your stock too much because the stock doesn't love you. It's a simple equation as always folks: Buy low, sell high. Another earning miss is to be expected this quarter, so AAPL will go down perhaps another 200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria".
Quote:
Originally Posted by Just_Me
APPLE, MICROSOFT and GOOGLE really need to start paying their fair share of taxes.
Hey, could we not in this thread, please? If you want to be wrong, be wrong in the established threads about this.
Quote:
Originally Posted by mcrs
…AAPL will go down perhaps another 200 bucks…
Wow. It's really sad when my posts that make fun of trolls by hyperbolizing what I think they'll say turn out to be what they actually say.
Quote:
Originally Posted by Tallest Skil
Hey, could we not in this thread, please? If you want to be wrong, be wrong in the established threads about this.
Wow. It's really sad when my posts that make fun of trolls by hyperbolizing what I think they'll say turn out to be what they actually say.
You mean like this?
Quote:
Originally Posted by Tallest Skil
APPLE IS DOOMED.
Quote:
Originally Posted by AaronJ
5-year numbers (you know, for people who are actually investors):
MSFT: -6.45%
AAPLE: +336.30
And yes, I have been enjoying it. Bought most of my AAPL shares when it was at ~$13, and that was before they split.
There you go. It helps to actually have the correct perspective. Well done.
Quote:
Originally Posted by Quadra 610
There you go. It helps to actually have the correct perspective. Well done.
Here is another
Growth since inception
28818.65% vs 16621.02%
Quote:
Originally Posted by mcrs
Another earning miss is to be expected this quarter, so AAPL will go down perhaps another 200 bucks to where they were before the crazy uptick of the past 6 months which was for no apparent reason other than something called "euphoria".
Bullshit.
Quote:
Originally Posted by RegurgitatedCoprolite
Let's see what Tim and Co. have to say about this quarter's results.
I see the trolls are out. Oh, well....
There's nothing they need to say. The results are fantastic. There's some, however, that have absolutely no fucking perspective. 26 million iPhones and 17 million iPads is now considered a miss? Compared to what, the numbers that analysts pull out of their ass? It definitely isn't a 'miss' compared to every other tech company out there, and every other company on the planet. They would all absolutely kill to have these numbers and profits. Also, the iPad numbers are a record, for a product that has shattered all records already.
Quote:
Originally Posted by SpamSandwich
Bullshit.
agreed. 200 is too much. I would say only 50 more or so for of around 525. I had hoped for 500 before buying again but dont think it will go that low
Yes, Apple beat guidance but it normally beats guidance into a cocked hat.
This is the largest sequential decline in iPhone sales ever, see
( not my graph)
People on here wrote off RIM in the last few years based on market share decline. Well Apple just posted a 20% drop in units sequentially and Android continues to grow. It is also dropping in ASP, and gross margins have peaked.
The iPhone 5 will drive a lot of iPhone sales but possibly most to existing customers and at most for 2 quarters. It might be heretical but Apple possibly need two updates a year.
Still worth a buy in August before the new stuff comes out b
Quote:
Originally Posted by Just_Me
You mean like this?
I mean like this:
(crap, I can't find it. I JUST said "stock will drop $200" less than an hour ago… somewhere…)
Quote:
Originally Posted by Rogifan
The trolls here have nothing on the ones at MR.
So true.
They almost always beat their own guidance. But unless they beat their guidance by 20% or more, it's not good enough.
Exactly. It happens over and over again. People without a clue shouldn't be investing in the market.
On average, the amateurs have been much more accurate than the pros.
So you expect AAPL to drop to the mid- to high- 300's? Care to make a bet? That would put P/E at well below 10 - and more like 6 if you use cash-adjusted P/E. For a growing, extremely profitable market leader, those kinds of numbers would be truly delusional.