This may go in the list of worst Apple suggestions right along with "Apple should shut its door and give the money back to the shareholders", "Apple should stop making HW and license their OS", "Apple should drop the Mac and focus on only making iPods", and "[Everyone will be sorry for buying an iPod] when Microsoft releases their [Zune]." Okay, that last one was from The Big Bang Theory.
That is exactly what Apple just announced. Thank God they are not run by people on this forum.
Lets look at this for a moment. The last two quarters, Apple posts $54 Billion and $43.6 in Revenue respectively. Apple also reports Record Net Income of $13.1 Billion in Quarter 1, 2013 and $9.5 Billion in Quarter 2, 2013, Apple's 4th Highest Profit reprt in its electrifying history. How do the Wall Street Bozos react? They share 44% off Apple's Market Cap since the All Time high of $705 was reached on September 18, 2012.
Amazon reported revenue of $16.07 billion. The Wall Street analysts had expected $16.14 in Revenue. The company’s Net Income was just $181 Million. That resulted in earnings per share of a meager 18¢. Amazon’s Net Profit was a tiny 1.12%.
Lets look at the numbers side by side. AAPL Revenue: $43.60 Billion AMZN Revenue: $16.07 Billion
AAPL Net Income. $9.5 Billion AMZN Net Income. $181 Million
AAPL Earnings per share. $10.09 AMZN Earnings per share. $00.18
AAPL Net Profit Percentage 21.78% AMZN Net Profit Percentage 1.12%
So how do the Wall Street Pros report these results? Like uninformed Bezos Bozos that’s how! It’s a hard reality to get one’s arms around
Look at the typical Apple Headlines. “Is Tim Cook cooked?” Or “Apple doesn’t announce 5 inch iPhone – The Company is doomed.” How do the Institutional Investment Funds view Apple? At the Closing Bell today, Apple traded at a forward P/E of 9.26. And amazon.com? At The Closing Bell, Amazon traded at a forward P/E of 3380.83.
Wall Street punishes a company with Record Revenue in the Quarter, Record sales of two of its four primary product groups, maintains stable sales of a third, and has 70% market share in the fourth. Share price has been shaved 44% since its all time high achieved just seven months ago.
At the same time, Wall Street rewards a company with one third the revenue and 56 times less income by bidding up the share price to near its all time high. It really seems like Alice climbed out of that Rabbit Hole, walked through the Looking Glass and turned up living on Wall Street.
Comments
Quote:
Originally Posted by Esoom
Apple will beat expectations, but the margins will be down, they've been moving lots of product at reduced prices on eBay & through some retailers.
B-S.
Shoo, with your nonsense.
Www.apple.com
Quote:
Originally Posted by SolipsismX
This may go in the list of worst Apple suggestions right along with "Apple should shut its door and give the money back to the shareholders", "Apple should stop making HW and license their OS", "Apple should drop the Mac and focus on only making iPods", and "[Everyone will be sorry for buying an iPod] when Microsoft releases their [Zune]." Okay, that last one was from The Big Bang Theory.
That is exactly what Apple just announced. Thank God they are not run by people on this forum.
Quote:
Originally Posted by pedromartins
who told you that? otherwise you should be banned.
What a tool.
Quote:
Originally Posted by anantksundaram
I guess is is 5 PM. So, 33.
No, 4:30
"2013 a year to forget" declared in APRIL? Psh...
Sounds like a case of, "Oooh, don't let that stock price go up, it'll conflict with our carefully crafted narratives!!!"
Quote:
Originally Posted by Tallest Skil
You don't think the creators thereof (not employed by Apple) would be a little miffed, at any rate?
Just raggin' ya TS.
Quote:
Originally Posted by KDMeister
If you've lost a lot of money investing in the company, it's definitely "a year to forget."
If you want to learn from your mistakes, perhaps it's a year to remember?
Amazon reported revenue of $16.07 billion. The Wall Street analysts had expected $16.14 in Revenue. The company’s Net Income was just $181 Million. That resulted in earnings per share of a meager 18¢. Amazon’s Net Profit was a tiny 1.12%.
Lets look at the numbers side by side.
AAPL Revenue: $43.60 Billion
AMZN Revenue: $16.07 Billion
AAPL Net Income. $9.5 Billion
AMZN Net Income. $181 Million
AAPL Earnings per share. $10.09
AMZN Earnings per share. $00.18
AAPL Net Profit Percentage 21.78%
AMZN Net Profit Percentage 1.12%
So how do the Wall Street Pros report these results? Like uninformed Bezos Bozos that’s how! It’s a hard reality to get one’s arms around
Look at the typical Apple Headlines. “Is Tim Cook cooked?” Or “Apple doesn’t announce 5 inch iPhone – The Company is doomed.” How do the Institutional Investment Funds view Apple? At the Closing Bell today, Apple traded at a forward P/E of 9.26. And amazon.com? At The Closing Bell, Amazon traded at a forward P/E of 3380.83.
Wall Street punishes a company with Record Revenue in the Quarter, Record sales of two of its four primary product groups, maintains stable sales of a third, and has 70% market share in the fourth. Share price has been shaved 44% since its all time high achieved just seven months ago.
At the same time, Wall Street rewards a company with one third the revenue and 56 times less income by bidding up the share price to near its all time high. It really seems like Alice climbed out of that Rabbit Hole, walked through the Looking Glass and turned up living on Wall Street.
Joe Benevides
Macs4newbies.com