RonnnieO

radarthekat said:

"Most investment analysts believe that Apple will have a good quarter, with some predicting a record-breaking one..."

I've been quiet.  Haven't mentioned this to tip off any analysts.  Just been waiting to see if there's any analyst out there who would pick up on it?  What's the nugget of information I've been holding back?  The Sep - Dec 2011 holiday season, Apple's 2012 fiscal first quarter, was a 14 week quarter for Apple; Apple ends each quarter on the last Saturday of each calendar quarter.  Shhh, don't tell the analysts, but, the Sep - Dec quarter just ended was another one.  It's the first 14-week holiday quarter for Apple since 2011.  And that adds about 8% to the length of the quarter versus other years, which have 13 weeks.  

True Apple earnings devotees will recall that Apple earnings remained flat in its 13-week 2013 fiscal Q1 versus its 14-week 2012 fiscal Q1, and analysts derided the company as having reached the end of its growth.  Doomed.  But none would give voice to the fact that Apple matched its previous year Q1 earnings with a shorter holiday quarter.  We can expect the same, I'm certain, this year and next, when Apple surprises to the upside with this next quarterly report, only to disappoint expectations next year when they're back to a typical 13-week holiday quarter.  

uniscape said:

Is it only me, or "XC" is really hard to pronounce?

sog35 said:

Like I've been saying since late last year:  $170 by end of 2017.

Glad I don't listen to teh bull shit media who was dumping on Apple all last year and the beginning of this year.  My shares are looking NICE. 

Prediction for 2018?  Too early to tell.  But we could see $200.

radarthekat said:

sog35 said:

slurpy said:

sog35 said:

leavingthebigg said:

On Wednesday, February 22, 2017, a financial analyst writing for MarketWatch designed to pen an article explaining why Warren Buffet should drop Apple for Qualcomm. I decided the analyst had nothing better to do than trash Apple while promoting Qualcomm. Two days later it was announced Buffet's investment had increased in value by $1.6 billion! Now the above is being announced. I am glad I was and am able to see that the analyst was way off base!!

Never believe what those tools write.

Do you own research and due diligence. 

Apple will be a powerhouse for the foreseeable future. This stock will reach $150 this year and $200 in a couple of years. 

Coming from the guy who has been shitting on Cook and Apple for a year, and demanding Cook be replaced. Is this when you were doing your "research" and "Due diligence". Is that when you "never believed the tools" that shrieked that Cook needs to go in order for the stock to recover? Isn't that what you were shrieking an preaching, day in and day out? And now you're too much of a coward to admit and acknowledge that, pretending like it never happened? What a joke you are. Your lack of self-awareness is stunning.

Apple is still BY FAR my biggest holding. Obviously I believe in the company.

Its true I criticized Tim Cook last year. But it was with good reason. He clearly stated that China sales would continue to grow in 2016. It did not. That rocked the market. My opinion changed on Cook when:

1. He put huge emphasis on services. And finally giving shareholders a long-term target for growth = services will DOUBLE in 4 years
2. Airpods. Proof that Apple is still the BOSS in innovation
3. Closing deals in India
4. Leaks of a revolutionary iPhone 8 with smaller bezel and OLED

Those 4 points only happened in the last 3 months. 

My opinion on Cook changed because he EXECUTED and made wonderful strategic moves.  If you look at my post history you will see I praised Cook in 2014-2015. 

My opinion on Cook as a CEO will change in the future based on what he does. But I guess you are such a fanboy that you will always support him 100% no matter what?

Trouble is, Apple didn't conceive of, design, engineer and produce the airpods in the last three months.  Those were in the works during the time you were excoriating Cook, and yet you now feel you can pick and choose which data points have meaning.  What about all the times Cook said the company's best days are ahead, that there's plenty of innovation in the pipeline.  He said those things AFTER the iPhone 6 was out, after Apple Music and the Beats acquisition, etc.  So he'd already proven, in his era at the helm, himself worthy of guiding the company forward, and warranted our confidence in him.  To call for his head AFTER all that he did to prove himself, and while the company was in the process of implementing according to his words, is a bit of a mistake.  I think most here, except you, see that pretty clearly.