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Post by plcm123 on Apr 27, 2015 11:11:29 GMT -8
I am pretty optimistic about Apple over the next 6 months. One possibility that I have not heard much discussion about is a 2:1 split. Apple used to split the stock to keep it under 100. When they did the 7:1, it put the stock at about 60. Does anyone think there is a possibility that we will see a 2:1 split today? I understand the arguments about how a split doesn't change anything, but I have a feeling that a split now would put us at 100 post split before the end of the year I feel there is zero possibity of this happening. Wouldn't they have to split anyway in order to maintain the reasonable share price accepted by the DOW?
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Post by moltenfire on Apr 27, 2015 11:20:14 GMT -8
Not if Apple's board of directors don't care about what the Dow thinks.
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Post by plcm123 on Apr 27, 2015 11:23:52 GMT -8
Not if Apple's board of directors don't care about what the Dow thinks. This is probably more true if Steve Jobs were still alive. Anyway, I would like to see it reaches $300 before doing a 5:1 split.
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coma
Member
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Post by coma on Apr 27, 2015 11:44:50 GMT -8
I would like to see it reaches $300 before doing a 5:1 split. That would put my cost basis at 13.2¢ . . .
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Post by nagrani on Apr 27, 2015 11:44:48 GMT -8
So excited
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Deleted
Deleted Member
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Post by Deleted on Apr 27, 2015 12:07:04 GMT -8
I think CM is going to upside surprise us. Tim can put icing on the cake with a big buyback number.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Apr 27, 2015 12:08:31 GMT -8
Is it around 1:20PM yet?
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Post by Luckychoices on Apr 27, 2015 12:08:40 GMT -8
It's amazing to me how many times the unwashed masses have said "but that's not very secure" in reference to using the phone or watch to pay. Sheesh! Then I ask, "how secure is it when Skippy the waiter takes your card in the back to scan it?" Silence. And it's not just the unwashed masses. I've used this example so many times with friends and family. Hard to believe it's not more obvious to those concerned about CC security.
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Post by chasmac on Apr 27, 2015 12:11:25 GMT -8
Yeah, but wasn't the Divy quarter. Look at the Daily chart from a year ago. Almost an exact repeat. I see that AAPL shrank a buck on earnings day (Apr 23) View AttachmentRead your initial post wrong. Was looking at the pre-week run up. Was expecting $131.
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mark
fire starter
Posts: 1,552
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Post by mark on Apr 27, 2015 12:14:14 GMT -8
I had a strong urge all day to sell some of my holdings in Apple, whether options, common, or some combination. But I managed to resist that urge so far. My gut was telling me that there's going to be some "sell on the news", but I kept having that nagging feeling of "no, not this time" in the back of my mind. Mind versus gut ... and mind won this time. Now we wait and see.
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Ted
fire starter
Posts: 882
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Post by Ted on Apr 27, 2015 12:16:20 GMT -8
I noticed there are 85 of us viewing now. AAPL up .40 . . . Good luck to all -- and my leaps.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Apr 27, 2015 12:23:18 GMT -8
We're getting closer to an ATH in after hours...
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Post by capablanca on Apr 27, 2015 12:23:49 GMT -8
107 viewing now. Best wishes to all.
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Post by macwire on Apr 27, 2015 12:26:12 GMT -8
NO MATTER WHAT HAPPENS PLEASE KNOW I LOVE EVERY SINGLE ONE OF YOU LONGS.
AAPL FOREVER!
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icam
Member
Posts: 447
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Post by icam on Apr 27, 2015 12:30:37 GMT -8
I had similar impulses (to sell some options). Ultimately, sold nothing. The thought that can begin to buy AAPL 48 hours after the earnings call gave me the confidence (wrongly?) that there would be support for the stock price regardless of the FUD.
Good Luck Longs!
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Post by The Big Toe on Apr 27, 2015 12:31:35 GMT -8
Apple earns $2.33 on $58 billion in revenue. The latest consensus estimate from analysts surveyed by Thomson Reuters forecasts Apple to earn $2.16 a share on $56.06 billion in revenue,
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Post by dreamRaj on Apr 27, 2015 12:32:05 GMT -8
Anybody knows what's the expected guidance?
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Post by artman1033 on Apr 27, 2015 12:35:59 GMT -8
Apple Reports Record Second Quarter Results Strong performance of iPhone, Mac & App Store drives 27% revenue growth & 40% EPS growth, setting new second quarter records
CUPERTINO, California—April 27, 2015—Apple® today announced financial results for its fiscal 2015 second quarter ended March 28, 2015. The Company posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion, or $2.33 per diluted share. These results compare to revenue of $45.6 billion and net profit of $10.2 billion, or $1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent compared to 39.3 percent in the year-ago quarter. International sales accounted for 69 percent of the quarter’s revenue.
The growth was fueled by record second quarter sales of iPhone® and Mac® and all-time record performance of the App Store℠.
“We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever,” said Tim Cook, Apple’s CEO. “We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles, and we’re off to an exciting start to the June quarter with the launch of Apple Watch.”
“The tremendous customer demand for our products and services in the March quarter drove revenue growth of 27 percent and EPS growth of 40 percent,” said Luca Maestri, Apple’s CFO. “Cash flow from operations was also outstanding at $19.1 billion.”
Apple is providing the following guidance for its fiscal 2015 third quarter: revenue between $46 billion and $48 billion gross margin between 38.5 percent and 39.5 percent operating expenses between $5.65 billion and $5.75 billion other income/(expense) of $350 million tax rate of 26.3 percent
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Post by incorrigible on Apr 27, 2015 12:36:30 GMT -8
Stock up a whole 2%. Too bad we didn't have a loss like AMZN and go up 15%. >_<
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Post by artman1033 on Apr 27, 2015 12:36:39 GMT -8
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Post by archibaldtuttle on Apr 27, 2015 12:37:25 GMT -8
Stock up a whole 2%. Too bad we didn't have a loss like AMZN and go up 15%. >_< Exactly. 33% y/y EPS growth - we should have a PE near 30!
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Post by phoebear611 on Apr 27, 2015 12:39:30 GMT -8
Any word on a dividend?
Wow - they have a cash hoard of $194 BN now....holy crap!
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Post by dreamRaj on Apr 27, 2015 12:42:05 GMT -8
Stock up a whole 2%. Too bad we didn't have a loss like AMZN and go up 15%. >_< But this has kinda been the recent trend for AAPL after ERs. The stock is up by not too much but gains major momentum in a week's time and is then on a roll.
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Post by archibaldtuttle on Apr 27, 2015 12:42:25 GMT -8
Anyone want to predict what FUD we'll hear about these strong results and guidance?
My vote is "Apple is now too dependent on China"
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Post by artman1033 on Apr 27, 2015 12:43:21 GMT -8
Apple Expands Capital Return Program to $200 Billion CUPERTINO, California—April 27, 2015—Apple ® today announced that its Board of Directors has authorized an increase of more than 50 percent to the Company’s program to return capital to shareholders. Under the expanded program, Apple plans to utilize a cumulative total of $200 billion of cash by the end of March 2017. As part of the revised program, the Board has increased its share repurchase authorization to $140 billion from the $90 billion level announced last year. In addition, the Company expects to continue to net-share-settle vesting restricted stock units. The Board has also approved an increase of 11 percent to the Company’s quarterly dividend, and has declared a dividend of $.52 per share, payable on May 14, 2015 to shareholders of record as of the close of business on May 11, 2015. From the inception of its capital return program in August 2012 through March 2015, Apple has returned over $112 billion to shareholders, including $80 billion in share repurchases. To assist in funding the program, the Company plans to continue to access the domestic and international debt markets. The management team and the Board will continue to review each element of the capital return program regularly and plan to provide an update on the program on an annual basis. “We believe Apple has a bright future ahead, and the unprecedented size of our capital return program reflects that strong confidence,” said Tim Cook, Apple’s CEO. “While most of our program will focus on buying back shares, we know that the dividend is very important to many of our investors, so we’re raising it for the third time in less than three years.” files.shareholder.com/downloads/AAPL/4082087861x0xS1193125%2D15%2D149607/320193/filing.pdf
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Post by Red Shirted Ensign on Apr 27, 2015 12:43:44 GMT -8
Remember that options positions need to be unwound...don't read much into the market reaction until Thursday....
I'm thrilled. That capital return program is rock solid!
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Post by chasmac on Apr 27, 2015 12:44:46 GMT -8
Any word on a dividend? Wow - they have a cash hoard of $194 BN now....holy crap! Money making machine, unbelievable. As usual, we'll have to be patient to be rewarded as we think it should. The ecosystem keeps getting bigger. They can stall growth and just keep buying back. Stupid cheap.
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Post by Odd-Lot Richard on Apr 27, 2015 12:44:55 GMT -8
Current FUD on cnbc was that these numbers were put up in a quarter when a competitor's flagship phone was out yet.
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Post by rob_london on Apr 27, 2015 12:46:34 GMT -8
Superb.
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Post by chasmac on Apr 27, 2015 12:50:20 GMT -8
Current FUD on cnbc was that these numbers were put up in a quarter when a competitor's flagship phone was out yet. Love how the other guy shot him down immediately! Good to have an AAPL bull on there for a change.
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