chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Oct 3, 2017 5:30:15 GMT -8
At the risk of belaboring the point about custom chips and Apple's future, Apple opening up (some) access to the iPhone’s NFC chip in iOS 11 discusses how access to third party app developers for the technology in the W1 chip that supports Apple Pay could expand the number of contactless uses for the iPhone, e.g., "Your app can read tags to give users more information about their physical environment and the real-world objects in it. For example, your app might give users information about products they find in a store or exhibits they visit in a museum." Let's make some money today.
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Post by sponge on Oct 3, 2017 8:44:25 GMT -8
My crystal ball says 158 this week and 163 next week. Beyond that it is hard too tell.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Oct 3, 2017 9:00:43 GMT -8
My crystal ball says 158 this week and 163 next week. Beyond that it is hard too tell. I think that is reasonable. It really depends on the froth generated by the tax bill. If Apple gives the slightest hint that they will have a special dividend, I can see a 20 point positive reaction. On the other hand, if anyone takes the time to think it through, they should realize that even without the repatriation, Apple has all the money they could ever spend wisely. I wonder if the actual utility of the additional money is really significant.
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Post by sponge on Oct 3, 2017 9:19:16 GMT -8
My crystal ball says 158 this week and 163 next week. Beyond that it is hard too tell. I think that is reasonable. It really depends on the froth generated by the tax bill. If Apple gives the slightest hint that they will have a special dividend, I can see a 20 point positive reaction. On the other hand, if anyone takes the time to think it through, they should realize that even without the repatriation, Apple has all the money they could ever spend wisely. I wonder if the actual utility of the additional money is really significant. My projections have nothing to do with news. Is all about technicals and recovering from low RSI and forming a base. The stock has moved up based on expansion of p/e which I think has more to do with WS understanding that the iPhone business is here to stay with sold 5-10& growth for at least 5 more years. Right now it is hard to see beyond a 21 p/e. I think tax reform will provide a boost in January and February and then the repatriation will occur in late Spring for a second pop. Don't see a big one time dividend. I think Apple will just buy up more stock with the next corrections in the next 3 years. May invest more here in the US or just buy Tesla when their stock drops 60%.
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mark
fire starter
Posts: 1,560
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Post by mark on Oct 3, 2017 10:02:52 GMT -8
The "new" story might be ... even an iphone with low growth will still provide upgraders every 2-3 years, and the huge, loyal, embedded base will be pitched all sorts of new (and profitable) services ... and services will be the new growth engine.
I don't want a large special dividend as it will wreak havoc on tax planning. Heck, I don't even want regular dividends!
(I forgot to post a few days ago - I sold some naked puts again, this time of Jan '20 vintage. I'm quite willing to buy some stock from someone out there for net $118.50 or so.)
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Oct 3, 2017 10:36:39 GMT -8
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Oct 4, 2017 4:54:30 GMT -8
I think that is reasonable. It really depends on the froth generated by the tax bill. If Apple gives the slightest hint that they will have a special dividend, I can see a 20 point positive reaction. On the other hand, if anyone takes the time to think it through, they should realize that even without the repatriation, Apple has all the money they could ever spend wisely. I wonder if the actual utility of the additional money is really significant. My projections have nothing to do with news. Is all about technicals and recovering from low RSI and forming a base. The stock has moved up based on expansion of p/e which I think has more to do with WS understanding that the iPhone business is here to stay with sold 5-10& growth for at least 5 more years. Right now it is hard to see beyond a 21 p/e. I think tax reform will provide a boost in January and February and then the repatriation will occur in late Spring for a second pop. Don't see a big one time dividend. I think Apple will just buy up more stock with the next corrections in the next 3 years. May invest more here in the US or just buy Tesla when their stock drops 60%. When you say that "The stock has moved up based on expansion of p/e", I read that as "the stock (price) has moved based on the p/e expansion. However, since earnings are relatively constant compared to stock price move, that means that the price part of P/E has changed. That makes the sentence somewhat tautological, i.e. "The stock (price) has moved up based on an expansion of the stock price". One could argue that it is not the earnings, but the anticipation of future earnings that drive the P/E ratio, but that anticipation sounds very similar to "sentiment" in my mind. I feel that emotion leads and technicals follow. Just my humble opinion
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