Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jul 18, 2017 2:23:32 GMT -8
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Post by appledoc on Jul 18, 2017 2:31:02 GMT -8
Topped and held the SMA50 yesterday. A little consolidation here wouldn't be a bad thing.
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Post by phoebear611 on Jul 18, 2017 3:24:51 GMT -8
Guggenheim analyst Robert Cihra reiterates his buy and adjusts his numbers to accommodate potential delay :
" ...UNIQUE iOS means loyal users will WAIT, so any units pushed out of CY17 would just be pushed into CY18. Given the stock trades on forward numbers, that could even end up a boost, similar to how we see limited supply of OLED screens turning this iPhone into a 2-3 year upgrade cycle; helping push macro hurdles out to 2019-20E......We cut our Sep-qtr/FY17E EPS by 18c for a further delayed launch of iPhone 8 but just push that into FY18E, which pushes our EPS to >$11, now 50c ahead of consensus. Reiterate Buy and $180 price target."
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Post by rickag on Jul 18, 2017 9:30:44 GMT -8
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Post by macster on Jul 18, 2017 14:28:21 GMT -8
Dollar has dropped a good bit. Should help earnings.
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