With the U.S. economy weak and falling, with the U.S. dollar crumbling, and with the halt of most economic growth worldwide, I think it is pretty much IMPOSSIBLE that Apple stock will EVER be trading at $540 a share. I would say the chances of that happening are ZERO. Some reality from these analysts would be much appreciated. Two books that I've recently read, "Aftershock" and "The End of Growth", accurately lay out how the financial party days are over for ALL investors.
Now now, anything is possible. The "impossible" just takes longer.
Apple is in a ridiculously great position. They're sitting on a Mt. Everest of cash, making killer products that everyone wants, and are innovating and producing like crazy. They keep that up, then we see.
I've lost track of how many people (including certain posters here in AI) that preached AAPL would never hit $X per share, and in time, met and exceeded it. $540 seems a bit high, but I certainly think it's not unreachable. It may just take quite a bit longer.
Watching the Canadian market over the past few days makes me wonder if this is just a correction... almost 10% down over the past 10 days and down over 6% in the last 2 days.
The sky is falling... the sky is falling... Nostradamus warned us about this... etc. etc.
Yes, also a hangover from the Tea Party orgy of fear-mongering over the past several weeks.
This story should be read with the earlier one on RBC, where we find:
"He [analyst Abramsky] came away from the meeting with an overall positive outlook on Apple. The executives affirmed Apple's "untapped global opportunity," especially in China, which has seen tremendous growth in recent years, the analyst said. Other emerging markets such as Latin America, the Middle East and India also provide Apple with a significant opportunity for expansion."
Apple seems to have the largest possible global strategy in an ascendant industry. The first computer revolution of 20 years ago was just a prelude. The computer in everyone's hand will create a new economy around it in unimaginable ways. At least I can't imagine it, but I know it's going to big, and quick to appear, just like the TV consumer revolution was in the 50s and 60s, and the first information mini-revolution was in the 90s.
A U.S. budget surplus looms, if we can shut up the fearful hand wringers.
I've been buying AAPL since the early 1990's, having now accumulated 5700 shares. The equity has split 2 for 1 twice in that time, making my average price per share $12.40. Right now (9:20 MDT), the stock is sitting at $375, give or take a few pennies--and has been as high as the low 400's.
Now, and with that said, oh wise Scotty321 . . . what would you have said AAPL's chances of rising from 12 to 400 would have been in the past two decades? Zero? Less than zero? Apple, Inc. will be the largest cap company in the world before the end of the year (if not the end of the month), a fact I doubt you will acknowledge now or even have predicted THEN.
As my daddy used to say to my brother and me, "If you're so smart, how come you ain't rich?" ARE YOU, Scotty? (If so, I'd love to invite you onto my yacht sometime for cocktails. You can predict the future some more for us, one and all!)
My daddy used to say "if you're so rich why are you so stupid?".
Turns out that the choice of Minneapolis was indeed the reason that iOS was over-represented in their sample, it's quite interesting how this is an east/west thing in the US. Presumably this is due to whether AT&T or Verizon offer the best service in the state?
so who of you guys has a good track record in apple moves to give us a tip here?
Trust me - I've consistently sold large portions of my holding just before a dip, only to buy back the same shares and many more shortly thereafter. I can time the market. I use a combination of sophisticated technical analysis techniques that are rock solid.
I can tell you with complete certainty that Apple's shares will skyrocket, starting on September 17 at about noon. My advice is to get your hands on as much cash as you can and sink it all into Apple on September 16. Mortgage your house if you have to. Sell your car. Use your kid's college fund. Borrow as much from each of your friends as you possibly can.
Trust me - I've consistently sold large portions of my holding just before a dip, only to buy back the same shares and many more shortly thereafter. I can time the market. I use a combination of sophisticated technical analysis techniques that are rock solid.
I can tell you with complete certainty that Apple's shares will skyrocket, starting on September 17 at about noon. My advice is to get your hands on as much cash as you can and sink it all into Apple on September 16. Mortgage your house if you have to. Sell your car. Use your kid's college fund. Borrow as much from each of your friends as you possibly can.
You won't regret it!
Your "large portion" could be 75 out of 100 shares for all we know. Some of us have thousands of shares, with me personally picking up 4000 at a split adjusted $4.25 a share back in 1998. Do you understand the capital gains I'd have to pay to play around like that?
Sorry, but no one can time the market that consistently.
Your "large portion" could be 75 out of 100 shares for all we know. Some of us have thousands of shares, with me personally picking up 4000 at a split adjusted $4.25 a share back in 1998. Do you understand the capital gains I'd have to pay to play around like that?
Sorry, but no one can time the market that consistently.
I didn't really think that I needed it, but I added a at the end just to be sure nobody would take me seriously.
Wrong again, it would seem...
Ulp! I hope that nobody actually TAKES that advice. I made it as absurd as I could, in the vein of "ask a silly question, get a silly answer".
His iPad and iPhone unit forecasts are ridiculously low. He is predicting that sales in the second half of 2011 will be lower than in the first half. That would be the first time ever for iProducts. I'm afraid there won't be lines for the iPhone 5. And no Christmas this year, sorry. He's also predicting the worst year-over-year growth ever for iOS products in 2012. And then he even cautions readers this may be too optimistic. Common, this is an AAPL bull? Apple will beat his forecasts within the first 9 months of 2012.
His iPad and iPhone unit forecasts are ridiculously low. He is predicting that sales in the second half of 2011 will be lower than in the first half. That would be the first time ever for iProducts. I'm afraid there won't be lines for the iPhone 5. And no Christmas this year, sorry. He's also predicting the worst year-over-year growth ever for iOS products in 2012. And then he even cautions readers this may be too optimistic. Common, this is an AAPL bull? Apple will beat his forecasts within the first 9 months of 2012.
It's possible we will see a small dip in sales on iPhone in Apple's Q4, that has happened in the past in quarters where new iPhone models were launched. But the biggest sequential gains were found in the quarters immediately following new models, so Apple's 1Q2012 (calendar 4Q2011), should be impressive. I'm expecting at least 25million units, but it could easily be 30million.
As for iPad sales, yeh - he's completely missed the guidance from the last conference call, we have every reason to expect Q4 to be at least 15million units shipped. I personally expect iPads to be outselling iPhones by the end of 2012.
Imagine this turns true - AAPL shares hit $500, or $600. But what does it mean if the US$ starts tanking even more than it has been the last few years?
Imagine this turns true - AAPL shares hit $500, or $600. But what does it mean if the US$ starts tanking even more than it has been the last few years?
First off I don't think that the dollar is going to tank, though I do think that Asian currencies will rise - they've been undervalued for decades due to dollar pegs or soft pegs.
Then if the dollar does tank, then Apple's share price will explode, because the result won't be cheaper iPhones in Europe, but more expensive ones in the US, and the dollar profits will inevitably rise once the hedges wind down.
Really though it depends on how big a tanking you are postulating, and how much it feeds into US inflation. You need to postulate a really really bad global scenario before Apple starts to suffer seriously.
Watching the Canadian market over the past few days makes me wonder if this is just a correction... almost 10% down over the past 10 days and down over 6% in the last 2 days.
The sky is falling... the sky is falling... Nostradamus warned us about this... etc. etc.
Stock markets got SLAMMED yesterday. Even AUD/USD which was trading at 1.10 during the "debt ceiling crisis" back to 1.00 (parity) during Monday (Aug 8 2011) US stock trading. Due to unwinding of risk. Not surprisingly AAPL got hit too and dropped back to $350.
Is this reaction to a rating downgrade rational in any way? I don't get it.
Comments
With the U.S. economy weak and falling, with the U.S. dollar crumbling, and with the halt of most economic growth worldwide, I think it is pretty much IMPOSSIBLE that Apple stock will EVER be trading at $540 a share. I would say the chances of that happening are ZERO. Some reality from these analysts would be much appreciated. Two books that I've recently read, "Aftershock" and "The End of Growth", accurately lay out how the financial party days are over for ALL investors.
Now now, anything is possible. The "impossible" just takes longer.
Apple is in a ridiculously great position. They're sitting on a Mt. Everest of cash, making killer products that everyone wants, and are innovating and producing like crazy. They keep that up, then we see.
I've lost track of how many people (including certain posters here in AI) that preached AAPL would never hit $X per share, and in time, met and exceeded it. $540 seems a bit high, but I certainly think it's not unreachable. It may just take quite a bit longer.
So you're officially on record Mr. Predictor.
Watching the Canadian market over the past few days makes me wonder if this is just a correction... almost 10% down over the past 10 days and down over 6% in the last 2 days.
The sky is falling... the sky is falling... Nostradamus warned us about this... etc. etc.
Yes, also a hangover from the Tea Party orgy of fear-mongering over the past several weeks.
This story should be read with the earlier one on RBC, where we find:
"He [analyst Abramsky] came away from the meeting with an overall positive outlook on Apple. The executives affirmed Apple's "untapped global opportunity," especially in China, which has seen tremendous growth in recent years, the analyst said. Other emerging markets such as Latin America, the Middle East and India also provide Apple with a significant opportunity for expansion."
Apple seems to have the largest possible global strategy in an ascendant industry. The first computer revolution of 20 years ago was just a prelude. The computer in everyone's hand will create a new economy around it in unimaginable ways. At least I can't imagine it, but I know it's going to big, and quick to appear, just like the TV consumer revolution was in the 50s and 60s, and the first information mini-revolution was in the 90s.
A U.S. budget surplus looms, if we can shut up the fearful hand wringers.
so who of you guys has a good track record in apple moves to give us a tip here?
One thing is for sure: anyone who claims he does is lying.
I've been buying AAPL since the early 1990's, having now accumulated 5700 shares. The equity has split 2 for 1 twice in that time, making my average price per share $12.40. Right now (9:20 MDT), the stock is sitting at $375, give or take a few pennies--and has been as high as the low 400's.
Now, and with that said, oh wise Scotty321 . . . what would you have said AAPL's chances of rising from 12 to 400 would have been in the past two decades? Zero? Less than zero? Apple, Inc. will be the largest cap company in the world before the end of the year (if not the end of the month), a fact I doubt you will acknowledge now or even have predicted THEN.
As my daddy used to say to my brother and me, "If you're so smart, how come you ain't rich?" ARE YOU, Scotty? (If so, I'd love to invite you onto my yacht sometime for cocktails. You can predict the future some more for us, one and all!)
My daddy used to say "if you're so rich why are you so stupid?".
so who of you guys has a good track record in apple moves to give us a tip here?
My advice: don't solicit investment tips from anonymous bboards.
24" iMac, 2 Macbook Pros, iPad Version 1, iPhone 3GS, Shuffle and a couple of iTouches somewhere in the house that I can't find.
Download Find My iPhone as it works on iPod touch as well (provided they are charged, within range of WiFi and all that)
must have forgotten the y in Apple's top secret Fudge Factory.
(how do you attribute earning per share to fudge factor in forward looking guesstimates?)
http://www.businessinsider.com/iphon...parison-2011-8
Turns out that the choice of Minneapolis was indeed the reason that iOS was over-represented in their sample, it's quite interesting how this is an east/west thing in the US. Presumably this is due to whether AT&T or Verizon offer the best service in the state?
so who of you guys has a good track record in apple moves to give us a tip here?
Trust me - I've consistently sold large portions of my holding just before a dip, only to buy back the same shares and many more shortly thereafter. I can time the market. I use a combination of sophisticated technical analysis techniques that are rock solid.
I can tell you with complete certainty that Apple's shares will skyrocket, starting on September 17 at about noon. My advice is to get your hands on as much cash as you can and sink it all into Apple on September 16. Mortgage your house if you have to. Sell your car. Use your kid's college fund. Borrow as much from each of your friends as you possibly can.
You won't regret it!
Trust me - I've consistently sold large portions of my holding just before a dip, only to buy back the same shares and many more shortly thereafter. I can time the market. I use a combination of sophisticated technical analysis techniques that are rock solid.
I can tell you with complete certainty that Apple's shares will skyrocket, starting on September 17 at about noon. My advice is to get your hands on as much cash as you can and sink it all into Apple on September 16. Mortgage your house if you have to. Sell your car. Use your kid's college fund. Borrow as much from each of your friends as you possibly can.
You won't regret it!
Your "large portion" could be 75 out of 100 shares for all we know. Some of us have thousands of shares, with me personally picking up 4000 at a split adjusted $4.25 a share back in 1998. Do you understand the capital gains I'd have to pay to play around like that?
Sorry, but no one can time the market that consistently.
Your "large portion" could be 75 out of 100 shares for all we know. Some of us have thousands of shares, with me personally picking up 4000 at a split adjusted $4.25 a share back in 1998. Do you understand the capital gains I'd have to pay to play around like that?
Sorry, but no one can time the market that consistently.
I didn't really think that I needed it, but I added a
Wrong again, it would seem...
Ulp! I hope that nobody actually TAKES that advice. I made it as absurd as I could, in the vein of "ask a silly question, get a silly answer".
His iPad and iPhone unit forecasts are ridiculously low. He is predicting that sales in the second half of 2011 will be lower than in the first half. That would be the first time ever for iProducts. I'm afraid there won't be lines for the iPhone 5. And no Christmas this year, sorry. He's also predicting the worst year-over-year growth ever for iOS products in 2012. And then he even cautions readers this may be too optimistic. Common, this is an AAPL bull? Apple will beat his forecasts within the first 9 months of 2012.
It's possible we will see a small dip in sales on iPhone in Apple's Q4, that has happened in the past in quarters where new iPhone models were launched. But the biggest sequential gains were found in the quarters immediately following new models, so Apple's 1Q2012 (calendar 4Q2011), should be impressive. I'm expecting at least 25million units, but it could easily be 30million.
As for iPad sales, yeh - he's completely missed the guidance from the last conference call, we have every reason to expect Q4 to be at least 15million units shipped. I personally expect iPads to be outselling iPhones by the end of 2012.
Imagine this turns true - AAPL shares hit $500, or $600. But what does it mean if the US$ starts tanking even more than it has been the last few years?
First off I don't think that the dollar is going to tank, though I do think that Asian currencies will rise - they've been undervalued for decades due to dollar pegs or soft pegs.
Then if the dollar does tank, then Apple's share price will explode, because the result won't be cheaper iPhones in Europe, but more expensive ones in the US, and the dollar profits will inevitably rise once the hedges wind down.
Really though it depends on how big a tanking you are postulating, and how much it feeds into US inflation. You need to postulate a really really bad global scenario before Apple starts to suffer seriously.
My advice: don't solicit investment tips from anonymous bboards.
Er, so I shouldn't follow your advice then....which means I should solicit investment tips from anonymous bboards then?
Watching the Canadian market over the past few days makes me wonder if this is just a correction... almost 10% down over the past 10 days and down over 6% in the last 2 days.
The sky is falling... the sky is falling... Nostradamus warned us about this... etc. etc.
Anyone know if iPads are edible?
Is this reaction to a rating downgrade rational in any way? I don't get it.