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Post by phoebear611 on Feb 6, 2014 3:01:31 GMT -8
While you were sleeping ...
Daimler reported good earnings and very positive outlook ... SNE getting out of the PC business (selling it off), cutting 5k jobs, and spinning off its non-profitable TV division into a separate company ... We'll be waiting to see today whether the ECB adjusts their monetary policy (to hike, not to hike rates, or to lower rates) - around 7:45 am. KO taking a 10% stake in GMCR and launching cold products through their partnership. In the U.S. we have Weekly Jobless Claims at 8:30 am. Yesterday evening TWTR beat on revenues but user growth and engagement stalled (I think FB set the bar too high...it was a tough act to follow) - stock was down significantly ~18% in AH and about the same in PM. This morning we wake up to AAPL having gone ex-dividend. So although it's lower from yesterday's close, it is also up from having gone XD. Currently it is +$2.36 (0.46%) this morning in PM.
And - That's All She Wrote.
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platon
Member
"All we can know is that we know nothing. And that's the height of human wisdom.? Tolstoy
Posts: 3,944
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Post by platon on Feb 6, 2014 4:12:37 GMT -8
Thanks Phoebes. I appreciate your early posts-----info and reminders.
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Post by macwire on Feb 6, 2014 4:16:29 GMT -8
Let's try this again
Chart a course for the gap, number one. Warp speed 5. Engage.
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Post by phoebear611 on Feb 6, 2014 4:58:13 GMT -8
Thanks Phoebes. I appreciate your early posts-----info and reminders. Sure ~ no worries. I try whenever I can. Although I must admit that sometimes I feel like Sandra Bullock (I should look so good) in Gravity wondering if anyone is out there....till someone enters a post. Have a profitable day!
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Post by artman1033 on Feb 6, 2014 5:16:27 GMT -8
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Post by hledgard on Feb 6, 2014 6:06:23 GMT -8
What a beautifully written article. The author has an unusual skill in being able to pick apart the pieces and explain them one by one to the uninitiated.
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Post by artman1033 on Feb 6, 2014 6:40:08 GMT -8
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Post by rob_london on Feb 6, 2014 6:56:54 GMT -8
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Post by Red Shirted Ensign on Feb 6, 2014 7:51:10 GMT -8
AAPL entering the gap.......
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Post by macwire on Feb 6, 2014 9:13:32 GMT -8
AAPL entering the gap....... Captain. Detecting dead life forms in the gap. Rendering scan. Appears to be dead carcass of Andy Zaky...
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Post by dreamRaj on Feb 6, 2014 11:32:17 GMT -8
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Post by artman1033 on Feb 6, 2014 11:41:29 GMT -8
I like WOZ! I agree with him on most things. BUT, this is so insane! It does not make sense.... He likes to tweet his location... I find that troubling on many levels also. twitter.com/stevewoz
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Post by dreamRaj on Feb 6, 2014 12:43:25 GMT -8
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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 Feb 6, 2014 12:49:08 GMT -8
So AAPL is "effectively" up $6 today? Not bad.
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Post by artman1033 on Feb 6, 2014 12:58:47 GMT -8
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Post by incorrigible on Feb 6, 2014 13:08:09 GMT -8
Never mind
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Feb 6, 2014 13:19:54 GMT -8
Woz is a legendary engineer, but his opinions on business are irrelevant. He wanted to give away his computers. Might was well ask Red about the best hair gel. I'm sorry Red, but I needed an analogy.
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Post by artman1033 on Feb 6, 2014 16:15:52 GMT -8
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Post by phoebear611 on Feb 6, 2014 16:29:47 GMT -8
When I watch what has happened to TWTR and LNKD amongst several other stock....I'm not bothered. I feel like we have lived through that a dozen times and more often than not it was unwarranted. Yep, seen that movie before.
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Post by Red Shirted Ensign on Feb 6, 2014 16:45:54 GMT -8
Woz is a legendary engineer, but his opinions on business are irrelevant. He wanted to give away his computers. Might was well ask Red about the best hair gel. I'm sorry Red, but I needed an analogy. Hair gel? What's that? If you want an analogy use ”it's like asking Mercel for dating advice'. AAPL behaving well....515 tomorrow will be the test...if the jobs number is o.k. ( and I don't mean Steve)
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Post by phoebear611 on Feb 6, 2014 17:09:54 GMT -8
Well, my iPhone app for MaxPain is telling me $515. Haven't checked to see if it's right but if it is, that's fine with me.
By the way, does anyone know if China opens up again tonight? Or are they still on holiday?
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Post by redinaustin on Feb 6, 2014 17:12:48 GMT -8
This has been pretty much debunked as just another instance of NBC hype- I think you can find a link at loopinsight.com
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Post by phoebear611 on Feb 6, 2014 17:13:22 GMT -8
AAPL Breaking News WSJ: CUPERTINO, Calif. - Apple Inc. has bought $14 billion of its own shares in the two weeks since reporting financial results that disappointed Wall Street, Chief Executive Tim Cook told The Wall Street Journal.
In an interview, Mr. Cook said Apple was "surprised" by the 8% decline in its shares on Jan. 28, the day after it reported quarterly results, and wanted to be "aggressive" and "opportunistic."
...
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Post by phoebear611 on Feb 6, 2014 17:18:17 GMT -8
There's more:
"It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do," said Mr. Cook, speaking in a conference room at the company's corporate headquarters here. "We're not just saying that. We're showing that with our actions." ....... With the latest purchases, Mr. Cook said Apple had bought back more than $40 billion of its shares over the past 12 months.... The revelation about the recent share purchases comes a few weeks before Apple's Feb. 28 shareholder meeting, where activist investor Carl Icahn is pressuring the company to be more aggressive with its $160 billion cash pile....
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Post by gtrplyr on Feb 6, 2014 17:19:54 GMT -8
I like it ! Thanks for posting !
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Post by Red Shirted Ensign on Feb 6, 2014 17:24:05 GMT -8
There's more: "It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do," said Mr. Cook, speaking in a conference room at the company's corporate headquarters here. "We're not just saying that. We're showing that with our actions." ....... With the latest purchases, Mr. Cook said Apple had bought back more than $40 billion of its shares over the past 12 months.... The revelation about the recent share purchases comes a few weeks before Apple's Feb. 28 shareholder meeting, where activist investor Carl Icahn is pressuring the company to be more aggressive with its $160 billion cash pile.... Very positive....finally....and this helped build a nice floor at 500
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Post by redinaustin on Feb 6, 2014 17:27:25 GMT -8
This has been pretty much debunked as just another instance of NBC hype- I think you can find a link at loopinsight.com Here's the link loop
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Mav
Member
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Post by Mav on Feb 6, 2014 17:34:40 GMT -8
AAPL Breaking News WSJ: CUPERTINO, Calif. - Apple Inc. has bought $14 billion of its own shares in the two weeks since reporting financial results that disappointed Wall Street, Chief Executive Tim Cook told The Wall Street Journal. In an interview, Mr. Cook said Apple was "surprised" by the 8% decline in its shares on Jan. 28, the day after it reported quarterly results, and wanted to be "aggressive" and "opportunistic." ... _Someone's_ gonna do a shareholder derivative lawsuit if only out of spite. With that guidance, Tim? Who're you foolin'? Thumbs up on buying the dip, though More fuel for my tinfoil theory that the dividend program expands a bit in March or April - I dunno, an extra $30-50B over 3-5 years, maybe more?
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Deleted
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Post by Deleted on Feb 6, 2014 17:39:57 GMT -8
A buyback this early in the quarter is worth about 30-40 cents to EPS for the March quarter.
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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 Feb 6, 2014 17:49:35 GMT -8
That sounds in the ballpark.
Oppenheimer guided to an implied EPS of $9.34-10.39 based on a little over 895M diluted shares (Apple had around 900M as of the end of fiscal Q1).
At $505, Apple bought back over 25M shares, easy. Probably 3% of the shares outstanding IMHO.
Just one thing, Mercel, share-weighted averages apply so about 1/3 of the impact of the $14B buy will be delayed for a month after Q2 end.
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