delreyjones
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Apple extends share buybacks by another $90 billion
mrshow said:This is disgusting. Stock buybacks should be illegal again. -
Apple denied Parler re-entry to the App Store despite guideline revision
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Wall Street reacts to Apple's strong Services and Wearables growth [u]
SpamSandwich said:delreyjones said:blastdoor said:It is a huge deal that Apple is showing an ability to grow revenue from something other than the iPhone.
In the short term, though, the stock seems a bit pricey. Since 2007, I've had the impression that when the P/E goes above 17, AAPL is likely due for a correction. Currently, the P/E is almost 21.
On the other hand... one reason Wall Street might have been skeptical about AAPL in the past was a concern that they were too dependent on one product. Perhaps if Apple can show revenue+profit growth across multiple products, Wall Street might tolerate a higher P/E.
Still, I suspect that between now and the middle of next year AAPL will experience a noticeable downturn. I'm just not sure when. -
Apple Q3 likely to disappoint in wake of Brexit, slower iPhone upgrade cycles, analyst says
maestro64 said:On a similar note, since Ireland will leave with Britain that means Apple's deal with the Irish will no long be under the scrutiny of the idiots on Brussels.
You know that Ireland and the UK are different countries, right? Ireland is not leaving the EU. There's a chance that North Ireland (which is part of the UK), will stay with the UK and therefore leave the EU. But there's also a chance that North Ireland will leave the UK and remain in the EU. Either way, the Irish will still be scrutinized by the good people of Brussels. -
Apple Q3 likely to disappoint in wake of Brexit, slower iPhone upgrade cycles, analyst says
wood1208 said:What Brexit has to do with someone in UK wants to buy iphone ? Not like imposing import embargo on iphones into Britain.