With EPS now at 8.99 and declining -- the company's guidance puts annual EPS after July earnings report at around 8.60 -- why wouldn't we go down into at least the mid-80s? Depressing, yes, but there's no reason why sentiment would suddenly give us a greater than 10 PE, is there?
If Apple is smart they will not be buying back stock right now, maybe they should be selling a ton of puts below a strike price of $90.
I'm not familiar with this.... But Buybacks should be done before the ex-div date which is May 9 don't you think. Not after.
Not that I care about JD since he is blocked and don't see his comments most of the time, but his angry and snarky rebuttals always need further education. He is the last rude member here.
Guessing EPS and all the other numbers for me is not about being right or wrong. What it does do is force me to look carefully at the fundamentals. I also do it for fun and a hobby. By studying every part of the business and then Comparing to actual results beyond the headlines, it allows me to understand trends and the strength or weakness of the company.
I respect valuation much more and simply join the evil overlords who manipulate the stock. The stock is developing a pattern I understand and appreciate much more.
It serves no purpose to get upset at WS or anyone else who has an opinion or provide some data point in the press.
I don't berate those who try to focus on the details but admire their commitment to keep up with the pros. We only invest our own money.
After losing a few hundreds of thousands of dollars in the last 4 years I only see those loses as simple numbers on a screen. They don't affect my quality of life or enjoyment of it. It is like a game I guess.? When I lose I quickly go thru the 5 stages of grief and move on in a matter of a few days. I reasses and change the plan.
If you're talking about just the company and not the stock, there are tons of stocks with stronger fundamentals. Google and Facebook to name a couple. Say what you will about CPCs going down, Google continues to more consistently grow earnings and revenues. Part of Apple's growth story is the fact that the smartphone market will still grow over the long term and internet usage will continue to climb. Well, if that turns out to be true Google is going to reap the rewards as well, except from every single device and not just iPhones. Facebook is an absolute monster. If you offered me GOOG, FB, and AAPL at the same P/E, I take AAPL last. Now, if you throw valuation into the mix I agree that few can compare to AAPL right now. But the question remains will AAPL ever get a P/E that even comes close to its competitors? Doesn't look like it because of its inconsistency. If you look into other sectors, there are plenty of strong commodity companies out there that are grossly undervalued, although less so now with the recent run. You'd have to know an awful lot about many hundreds of companies to make the bold claim that AAPL has the best fundamentals out of any company in the market.
Google has better fundamentals? Google has ZERO presence in China, and Apple is doomed because iTunes shut down there for a couple of days? The bulk of Google's mobile ad revenue (soon to be all their ad revenue will be mobile since PCs are dying) is on iPhone. That right there is an existential threat to Google, which Apple controls (not to mention, Apple is doomed relying on the iPhone but Google ads relying on iPhone aren't?). Apple can bleed Google dry on search and maps in iOS if it wants to. And don't even get me started on Android, basically a non-profit that is a huge target for EU antitrust regulators. That's a huge existential threat to Google's European search revenues. So in the US and Europe, Google could serious jeopardy in its main business model. Google doesn't even exist in China, the world's biggest market.
As for Facebook, go ask MySpace how fickle social media users are. Where's the profit in Facebook? Annoying people with ads? Selling their info? We'll see how that works out. I don't know anyone under 40 who likes Facebook anymore. My 18-year-old niece takes like a week to answer her FB messages because none of her friends use it. They use SnapChat or Instagram.
With $10.5 billion in profit, Apple earned more in the quarter than Alphabet ($4.2B), Facebook ($1.5B), and Microsoft ($3.8B) combined.
"Our favorite holding period is forever." -- Warren Buffett
Take the blinders off. If it was so easy to kill off search and maps, then Apple would have done it by now. Google makes more money off iPhones not because they are iPhones, but because iPhone users are generally more affluent and spend more. If these same users switched to another device it wouldn't affect Google in any way in terms of their take-home. YouTube is a revenue machine that nobody is going to move away from. Yes, Google has potential headwinds as well but they are consistently growing and are exploring new ideas.
Comparing Facebook to MySpace is as ridiculous as comparing Apple to Nokia or Blackberry. Shame on you for even attempting that. Shows that you have no idea what Facebook is doing. I know hundreds of people under 40 who use Facebook all the time. By the way, they own Instagram. Bought it for a pittance too. Whatsapp is the defacto messaging service for the entire world - huge monetization potential there off billions of people. If you aren't impressed by what Facebook is doing then I don't know what to say.
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5