And there's still clowns on CNBC saying Apple is doomed because of hardware commoditization. How many years now has Wall Street been singing this tune?
Actually, what we have been witnessing is analyst commodification.
Def: Commodification-- The process of turning into a commode a.k.a. throne of ease, water closet, crapper, toilet bowl etc.
This behavior by many "analysts" is like predicting sunshine today, but changing the forecast after it starts raining. And they get paid for this. ANALysts.
This.
As I've said before what's the point of an analysts forecasts if they get to change it whenever they want? If they're so good at predicting what's to come based on their "checks" then they're predications and forecasts should have to remain through the period they are forecasting. That will show how completely clueless they really are.
"Regarding Apple's share buyback program, Daryanani believes Apple could commit to repurchase more than $200 billion shares over a three-year period. He called Apple's capital allocation policy a "meaningful positive" for investors."
That sounds a lot like 'quantitative easing' - equally insane - I sure hope they buy the 35 Nimitz aircraft carriers, that's a lot more useful than burning the money. They could of course use the money to do really useful things, but I'm afraid that wil never happen. Its a bit pointless in a way to earn that much and burn it because you don't know what to do with it.
The week leading up all we hear from the "analysts" are reports that downplay the success and help push AAPL lower. Now the quarterly results are in and they are "shocked."
Really?
I wasn't shocked. Were any of you? Can you say stock manipulation?
I'm shock that people still listens to their "guesses." They are like weather guessers. It'll rain, no it'll be sunny, no it'll be cold. Blah, blah, blah.
They are as accurate as the morons who predicted that my city would be hit by snowmageddon just a few days ago! that turned out to be complete BS!
Foolish people were going bananas, emptying store shelves of food and supplies! i didnt believe it for a second, and i made zero preperations.
The biggest earnings ever to be reported in human history! How's that for an earnings blowout?
Hell, i want to see price targets that are above $200! Dont come here with any crap that is only a few dollars more than where we are today.
WRT your "prescience" on the "Biggest Storm Evah".
Weather prediction is defined by models created to simulate the weather based on timely and massive data. There's always a statistical element to weather prediction; sometimes weathermen nail it, sometimes not. The point of the worst case scenario prediction is so people prepare for, you know, a worst case scenario. The fact that you are unable to comprehend weather prediction and survived without preparation is admirable, but statistically, you will ultimately be dealt a losing hand.
Massive flooding in New York City from storm surges? Un-possible !!! Yet that is exactly what happened with Hurricane Sandy, but I'm guessing that you didn't need to prepare for that either.
"Regarding Apple's share buyback program, Daryanani believes Apple could commit to repurchase more than $200 billion shares over a three-year period. He called Apple's capital allocation policy a "meaningful positive" for investors."
That sounds a lot like 'quantitative easing' - equally insane - I sure hope they buy the 35 Nimitz aircraft carriers, that's a lot more useful than burning the money.
They could of course use the money to do really useful things, but I'm afraid that wil never happen.
Its a bit pointless in a way to earn that much and burn it because you don't know what to do with it.
I'm guessing that all that surplus money could be buried in the foundation of that new Apple headquarters thingy; for a rainy day I suppose.
The analyst predicts that Apple will reaccelerate growth this year, predicting that revenue will increase 24 percent year over year in fiscal 2015. In comparison, Apple grew revenue 7 percent year over year in fiscal 2014.
The strengthening US Dollar vs. other currencies may have had quite an effect on Apple's profits in 2014.
Same price in, say, Euros, but fewer US Dollars because of overseas exchange rates.
And something like 65% of Apple's revenue comes from overseas.
Comments
Yes Cook is definitely tops, no over the top.
Gene isn't going to raise his target until he has a 42" Apple TV set in his living room. Guy's obsessed with that TV.
I think Gene has 3 serious options at this point:
1. Stop with the Apple television predictions.
2. Career change.
3. Retirement.
Nimitz class. Nimitz class!? Excuse me but Apple is not interested in old tech. Ford class and nothing less! :-)
Anyone hear a peep from that Zabitsky fellow?
I think Gene has 3 serious options at this point:
1. Stop with the Apple television predictions.
2. Career change.
3. Retirement.
Here are the best and worst analysts following yesterday's earnings call. The amateurs are hot, the pros are not.
http://fortune.com/2015/01/28/best-and-worst-apple-analysts-iphone-66-blowout-edition/
And there's still clowns on CNBC saying Apple is doomed because of hardware commoditization. How many years now has Wall Street been singing this tune?
Actually, what we have been witnessing is analyst commodification.
Def: Commodification-- The process of turning into a commode a.k.a. throne of ease, water closet, crapper, toilet bowl etc.
Here are the best and worst analysts following yesterday's earnings call. The amateurs are hot, the pros are not.
http://fortune.com/2015/01/28/best-and-worst-apple-analysts-iphone-66-blowout-edition/
It really feels like the "pros" are trying to manipulate consumers into either buying or selling.
Whichever benefits the "pros" the most, depending on their positions (long/short etc.)
Just watch "The Wolf of Wall Street" and think about the Gene Munsters of the world during
the DiCaprio / McConaughey liquid lunch scene.
As I've said before what's the point of an analysts forecasts if they get to change it whenever they want? If they're so good at predicting what's to come based on their "checks" then they're predications and forecasts should have to remain through the period they are forecasting. That will show how completely clueless they really are.
That sounds a lot like 'quantitative easing' - equally insane - I sure hope they buy the 35 Nimitz aircraft carriers, that's a lot more useful than burning the money.
They could of course use the money to do really useful things, but I'm afraid that wil never happen.
Its a bit pointless in a way to earn that much and burn it because you don't know what to do with it.
Hopefully he's looking for a new line of work.
So Kate, how much do they pay you to just use a ruler?
I'm shock that people still listens to their "guesses." They are like weather guessers. It'll rain, no it'll be sunny, no it'll be cold. Blah, blah, blah.
As for current owners not upgrading to iPhone 6, it's likely they will wait for the iPhone 7.
Contract intervals come into play as well as product comparisons for many.
Most of these analysts suck!
They are as accurate as the morons who predicted that my city would be hit by snowmageddon just a few days ago! that turned out to be complete BS!
Foolish people were going bananas, emptying store shelves of food and supplies! i didnt believe it for a second, and i made zero preperations.
The biggest earnings ever to be reported in human history! How's that for an earnings blowout?
Hell, i want to see price targets that are above $200! Dont come here with any crap that is only a few dollars more than where we are today.
WRT your "prescience" on the "Biggest Storm Evah".
Weather prediction is defined by models created to simulate the weather based on timely and massive data. There's always a statistical element to weather prediction; sometimes weathermen nail it, sometimes not. The point of the worst case scenario prediction is so people prepare for, you know, a worst case scenario. The fact that you are unable to comprehend weather prediction and survived without preparation is admirable, but statistically, you will ultimately be dealt a losing hand.
Massive flooding in New York City from storm surges? Un-possible !!! Yet that is exactly what happened with Hurricane Sandy, but I'm guessing that you didn't need to prepare for that either.
What a lucky person you must be!
"Regarding Apple's share buyback program, Daryanani believes Apple could commit to repurchase more than $200 billion shares over a three-year period. He called Apple's capital allocation policy a "meaningful positive" for investors."
That sounds a lot like 'quantitative easing' - equally insane - I sure hope they buy the 35 Nimitz aircraft carriers, that's a lot more useful than burning the money.
They could of course use the money to do really useful things, but I'm afraid that wil never happen.
Its a bit pointless in a way to earn that much and burn it because you don't know what to do with it.
I'm guessing that all that surplus money could be buried in the foundation of that new Apple headquarters thingy; for a rainy day I suppose.
The analyst predicts that Apple will reaccelerate growth this year, predicting that revenue will increase 24 percent year over year in fiscal 2015. In comparison, Apple grew revenue 7 percent year over year in fiscal 2014.
The strengthening US Dollar vs. other currencies may have had quite an effect on Apple's profits in 2014.
Same price in, say, Euros, but fewer US Dollars because of overseas exchange rates.
And something like 65% of Apple's revenue comes from overseas.