Apple's recent stock price surge leaves prominent analysts projections in the dust

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  • Reply 21 of 35
    maestro64maestro64 Posts: 5,043member
    Quote:

    Originally Posted by Tallest Skil View Post

     

    Why are they not fired? Why are we not calling for them to be fired? Why is Apple not calling for them to be fired?


    Actually I want to see AI call them up and ask them why they were complete wrong, what about the market and Apple did they fail to understand. I put this guys in the same class as all the people over the past how many years who keep predicting the demise of the human race and the earth for that matter. They are all reading some funny tea leaves to the best of my knowledge.

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  • Reply 22 of 35
    radarthekatradarthekat Posts: 3,938moderator
    I would never hand over my car, my home, my girlfriend or my money to another person. Each is subject to mishandling and abuse. Some things in life are best mastered on one's own.
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  • Reply 23 of 35
    SpamSandwichspamsandwich Posts: 33,407member
    Quote:
    Originally Posted by Maestro64 View Post

     

    Actually I want to see AI call them up and ask them why they were complete wrong, what about the market and Apple did they fail to understand. I put this guys in the same class as all the people over the past how many years who keep predicting the demise of the human race and the earth for that matter. They are all reading some funny tea leaves to the best of my knowledge.


     

    It's not about reporting accurate news, it's about crafting headlines that will get clicks and help sell more ad space.

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  • Reply 24 of 35
    revenantrevenant Posts: 621member
    Quote:

    Originally Posted by Tallest Skil View Post

     

    Why are they not fired? Why are we not calling for them to be fired? Why is Apple not calling for them to be fired?


    i am imagining that this is dripping with sarcasm.  and therefore i will agree with it.  being $5 is not worth writing about, especially since apple stock is back at $595.  and apparently needham and barclay are off by about $10- i am not sure how much 'underwater' they are.  

     

    according to appleinsider, if you are not overvaluing apple stock, you are not worth your weight in the stock market- something the author of this article can predict with more accuracy (at least with apple stock).

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  • Reply 25 of 35
    bestkeptsecretbestkeptsecret Posts: 4,316member

    I really marvel at how Apple played Wall Street. So much negativity towards the stock and company, but Apple simply played it cool and caught the analysts with their pants down.

     

    Tim Cook is made of real stern stuff. People were scared of Jobs, so they weren't so blatant about their bias when he was around.

    Once Jobs was gone, the gloves were off, but Tim handled all of them - Wall Street, Analysts, Ichan, with clinical precision.

     

    Tim Cook, the Iceman. Do not f*** with the Iceman.

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  • Reply 26 of 35
    jacktheratjacktherat Posts: 95member
    Quote:

    Originally Posted by digitalclips View Post



    All of which makes it obvious they have no clue what they are doing and anyone taking their financial advice should call me, I have a bridge in London to sell them.

    I thought I bought that in the 60s.

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  • Reply 27 of 35
    water coolerwater cooler Posts: 150member
    The anal-ysts LOL is shifting thru their mouth... Only idiots would follow them
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  • Reply 28 of 35
    arieharieh Posts: 1member

    If   I had listened to the advice of my broker and so called analyst, I would not have bought Apple at $114.  He told me he thought Apple had run its coarse with new products. 

    A few months late they came out with the I-phone.

     

    That analyst now sits if a GA Jail awaiting his trial for stealing millions and faking his death off the FL ferry

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  • Reply 29 of 35
    tallest skiltallest skil Posts: 43,388member
    Originally Posted by revenant View Post

    i am imagining that this is dripping with sarcasm.

     

    Oh, it’s not. There hasn’t been a single analyst correct about anything they’ve claimed regarding Apple.

     

    In any other profession (except government), that level of failure nets you an immediate pink slip and ludicrously poor chances you’ll even be able to get another job.

     

    They don’t deserve another job. They need to be fired NOW.

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  • Reply 30 of 35
    benjamin frostbenjamin frost Posts: 7,203member
    rs9 wrote: »
    Any thoughts; after the 7 to 1 split, how fast it will go back up to the current $600 per share price?

    It may reach it very quickly, but bear in mind that it would give Apple a multi-trillion dollar market cap, so it might take more than a month or two.
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  • Reply 31 of 35
    benjamin frostbenjamin frost Posts: 7,203member
    I would never hand over my car, my home, my girlfriend or my money to another person. Each is subject to mishandling and abuse. Some things in life are best mastered on one's own.

    You would never give money to another person? So you're a thief?

    Sorry.
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  • Reply 32 of 35
    revenantrevenant Posts: 621member

     

    So are some of the analysts right, since apple stock is back to $592? Or is appleinsider still right after apple broke into the $600 mark for a day?

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  • Reply 33 of 35
    revenantrevenant Posts: 621member
    Oh wow- those analysts were crazy- apple stock is still way above their... Oh wait, apple stock is in and around their estimates.

    I do agree that with apple, a cash cow of a company, the stock market usually comes in low. But if the stock goes over their ESTIMATES can we really came them. It is hard to read as is. And if it goes up for a day, I am not certain it is time to nail them to an underestimated cross.
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  • Reply 34 of 35
    hmmhmm Posts: 3,405member
    Quote:
    Originally Posted by revenant View Post



    Oh wow- those analysts were crazy- apple stock is still way above their... Oh wait, apple stock is in and around their estimates.



    I do agree that with apple, a cash cow of a company, the stock market usually comes in low. But if the stock goes over their ESTIMATES can we really came them. It is hard to read as is. And if it goes up for a day, I am not certain it is time to nail them to an underestimated cross.

    I do find it amusing how breaking $600 prior to corrections vs predictions of  $570-$590 is leaving anyone in the dust. In terms of percentage they haven't been far off and none of them are predicting

    Quote:

    Originally Posted by Tallest Skil View Post

     

     

    Oh, it’s not. There hasn’t been a single analyst correct about anything they’ve claimed regarding Apple.

     

    In any other profession (except government), that level of failure nets you an immediate pink slip and ludicrously poor chances you’ll even be able to get another job.

     

    They don’t deserve another job. They need to be fired NOW.




    They were extremely close on these numbers as of the past few days.

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