Week Ending 01/25/13: $439.88 Jan 26, 2013 22:28:27 GMT -5
Post by jdrizzo89 on Jan 26, 2013 22:28:27 GMT -5
Jan 26, 2013 20:48:50 GMT -5 @burgess said:
Good post - although I have to disagree a little on the comment above, I think most on this board who worked estimates for Q1 were quite conservative, AND knew that Q2 is going to be negative year on year.
Our mistake was thinking that Wall Street and the market knew this as well, but judging by the huge sell off this week - apparently not.
HOWEVER, from Q3 onwards myself (and I presume most here) know that EPS will be heading back up with positive y-o-y comparisons, and by the same logic I now think Wall Street and the market DO NOT THINK THIS.
Therefore it is likely that once apple gives Q3 guidance during Aprils earnings, we will see a big change in sentiment - the opposite thing to what we saw this week.
see my longer post here:
Yes I definitely think ur right. The bar is low and sentiment is bad. We don't have to compete with the best quarter of all time. Plus I do think product rumor season starts soon with itv possibility before summer...
I by no means think apple is done. I think by changing guidance and by changing the culture of EPS beats it will be a more consistent and steady stock. I think TC had that in mind. Long term isn't a year to 2 years its 5-10 years.
I just want to have the patience to wait till we regain strength before jumping on board(50,200, Whatever arbitrary number u want to use). Catching the bottom is no easy tak.