Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 11, 2016 3:38:12 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 11, 2016 4:04:56 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 11, 2016 4:10:31 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 11, 2016 6:56:40 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 11, 2016 6:57:52 GMT -8
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Post by CdnPhoto on Jan 11, 2016 7:42:09 GMT -8
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Post by jmolloy on Jan 11, 2016 8:12:17 GMT -8
Ben Bajarin Tweeted that it was most definitely up, but not by that much.
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Post by hydrarx on Jan 11, 2016 8:25:13 GMT -8
So far a higher low than previous close but we struggled to get the higher high on the push to 99+. If we make another run up and push above 99.11 and close positive for the day that would be good for us.
Starting to see some GEC articles popping up (yes, just coined that term -- whatever the opposite of fud is, greed, excitement, certainty?)
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Post by hydrarx on Jan 11, 2016 8:30:58 GMT -8
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Post by sponge on Jan 11, 2016 8:57:28 GMT -8
Looking good so far.
Sadly the damage from 119 to 96 was extensive. At this rate we should happy if we get to 110 by earnings.
OI indicates that 100 will be a challenge to overcome this week.
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Ted
fire starter
Posts: 882
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Post by Ted on Jan 11, 2016 9:09:20 GMT -8
Ben Bajarin Tweeted that it was most definitely up, but not by that much. His actual tweet: "Our data suggests it is up for sure but not quite this much."
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Post by sponge on Jan 11, 2016 9:18:39 GMT -8
Ben Bajarin Tweeted that it was most definitely up, but not by that much. His actual tweet: "Our data suggests it is up for sure but not quite this much." My concern is that last quarter we were up overall in China 99%. That's a drastic change if accurate and reflecting overall sales of all products.
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Post by sponge on Jan 11, 2016 9:20:11 GMT -8
It is amazing how WS stats to cut price targets at the bottom.
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Post by dmiller on Jan 11, 2016 9:40:37 GMT -8
These morons have no business modifying their price targets on rumors and unverified or unverifiable information. The only basis for their client notes and price target changes should be information that Apple publicly released, whether this is earnings calls or product announcements and updates.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 11, 2016 11:32:30 GMT -8
Last year's first quarter revenue was 74.6 billion which was up 30%. This years guidance was 75.5 to 77.5 billion. Anything less than 96 billion will show a decline in the growth rate. As I type this, financial hacks all over the world are preparing articles about how Apples rate of growth is slowing, Law of Large Numbers, dependance on one product, market share, bullshit, bullshit, bullshit. There is nothing that we can do about it. They get to publish, fools will follow, sheep will be shorn.
I continue to expect articles predicting revenues in the high 80's. Before Apple changed the way they gave guidance, they used to come in at about 15% above their prediction. 115% of 77.5 would be around 89 billion. If they want to be sure that Apple misses, they have to make this seem like the reasonable consensus. I think we are in for a long 2016.
The positive part of this is that once you have shaken all the loose fruit from the tree, you have to draw in a new round of suckers. That should carry us back up to the ATH and beyond.
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Post by sponge on Jan 11, 2016 12:24:11 GMT -8
WS actually expects 77-79 in revenue finance.yahoo.com/q/ae?s=AAPL+Analyst+EstimatesI think we will have a tough year, but can still move 30% from here in the next 6 months. And the after Oct we could get another 10-15% move. The iPhone 7 will be a big hit.
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Post by artman1033 on Jan 11, 2016 13:05:14 GMT -8
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Post by artman1033 on Jan 11, 2016 13:12:00 GMT -8
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Post by rickag on Jan 11, 2016 15:28:04 GMT -8
Hopefully they will sell all 30 million produced that year just in India alone.
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Post by phoebear611 on Jan 11, 2016 16:47:37 GMT -8
I am convinced that all these analysts are looking at technicals but would dare not say that. They simply ratchet their prices down to the appropriate level and then do the same on the way up. That's why most of them simply made price adjustments with no real commentary on the fundamentals. Clearly, they would never admit it but it's pretty obvious for the most part.
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Post by sponge on Jan 11, 2016 17:39:08 GMT -8
I am convinced that all these analysts are looking at technicals but would dare not say that. They simply ratchet their prices down to the appropriate level and then do the same on the way up. That's why most of them simply made price adjustments with no real commentary on the fundamentals. Clearly, they would never admit it but it's pretty obvious for the most part. I agree. In June we broke trend from 127 when the 20 crossed the 50. Breaking 200 also did not help. Then last month the 20 broke the 50 again at 115. All TA signs to get out and stay out until we break the 200 and hold it.
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