Since84
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Post by Since84 on May 4, 2018 7:29:39 GMT -8
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Since84
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Post by Since84 on May 4, 2018 6:42:50 GMT -8
Paging Artman...
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Since84
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Post by Since84 on May 4, 2018 6:31:32 GMT -8
Perhaps I've been around too long, but I tend to be a bit more of a skeptic. For instance, what entered my mind when I first read about Buffett's purchase was interesting timing relative to the negativity. One always has to question coincidences. Of course, we don't know when the purchases were actually made.
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Since84
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Post by Since84 on May 4, 2018 5:40:01 GMT -8
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Since84
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Post by Since84 on May 4, 2018 5:10:14 GMT -8
If pre-market is any indication, it looks like AAPL will gap up this morning. Perhaps Mr. Market is moved by Uncle Warren's buying spree.
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Since84
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Post by Since84 on May 4, 2018 4:05:02 GMT -8
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Since84
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Post by Since84 on May 4, 2018 2:12:49 GMT -8
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Since84
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Post by Since84 on May 3, 2018 15:25:26 GMT -8
Frankly I'm surprised at the number of mea culpa's. I didn't expect to see any.
Kudos to Katy and the others for acknowledging the errors.
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Since84
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Post by Since84 on May 3, 2018 6:52:21 GMT -8
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Since84
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Post by Since84 on May 3, 2018 4:42:00 GMT -8
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Since84
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Post by Since84 on May 3, 2018 4:35:41 GMT -8
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Since84
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Post by Since84 on May 3, 2018 3:09:42 GMT -8
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Since84
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Post by Since84 on May 3, 2018 2:42:39 GMT -8
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Since84
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Post by Since84 on May 2, 2018 15:24:18 GMT -8
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Since84
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Post by Since84 on May 2, 2018 15:21:13 GMT -8
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Since84
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Post by Since84 on May 2, 2018 10:29:37 GMT -8
I would add a note of caution for all...
One thing today will leave is a huge gap from $169.10. While they don't always, gaps have a tendency to fill. I will hold my dividend in cash with a reinvestment target of $169.10.
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Since84
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Post by Since84 on May 2, 2018 8:20:44 GMT -8
One would hope a few people are doing some explaining today... Like why they should continue to be employed.
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Since84
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Post by Since84 on May 2, 2018 5:01:01 GMT -8
May 3 ?? So I miss the 2nd day of May the day after earnings 😝😝😝😝 Btw I’m very happy with the numbers little bit disappointed with the dividend I was expecting at least 3$ considered the cash hoard to be returned I find 6% more than the usual % they do not so “special” but I don’t complain at all Go Long As Cdnphoto knows, I'm having trouble with space/time coordinates today. Thank god I'm a Space Ranger and not a Time Lord. Chalk it up to 'irrational exuberance'. Fixed. Again. Hopefully for good. As to the dividend, I was a bit disappointed with 16% as well, but as 4appl pointed out in a post last night, that compounds very quickly. Many prefer stock appreciation (capital gains) versus dividends (income).
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Since84
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Post by Since84 on May 2, 2018 2:35:11 GMT -8
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Since84
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Post by Since84 on May 1, 2018 16:35:08 GMT -8
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Post by Since84 on May 1, 2018 12:48:40 GMT -8
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Post by Since84 on May 1, 2018 12:38:04 GMT -8
Business Wire has Apple Reports Second Quarter Results. Apple® today announced financial results for its fiscal 2018 second quarter ended March 31, 2018. The Company posted quarterly revenue of $61.1 billion, an increase of 16 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.73, up 30 percent. International sales accounted for 65 percent of the quarter’s revenue. “We’re thrilled to report our best March quarter ever, with strong revenue growth in iPhone, Services and Wearables,” said Tim Cook, Apple’s CEO. “Customers chose iPhone X more than any other iPhone each week in the March quarter, just as they did following its launch in the December quarter. We also grew revenue in all of our geographic segments, with over 20% growth in Greater China and Japan.” “Our business performed extremely well during the March quarter, as we grew earnings per share by 30 percent and generated over $15 billion in operating cash flow,” said Luca Maestri, Apple’s CFO. “With the greater flexibility we now have from access to our global cash, we can more efficiently invest in our US operations and work toward a more optimal capital structure. Given our confidence in Apple’s future, we are very happy to announce that our Board has approved a new $100 billion share repurchase authorization and a 16 percent increase in our quarterly dividend.” The Company will complete the execution of the previous $210 billion share repurchase authorization during the third fiscal quarter. Reflecting the approved increase, the Board has declared a cash dividend of $0.73 per share of Apple’s common stock payable on May 17, 2018 to shareholders of record as of the close of business on May 14, 2018. The Company also expects to continue to net-share-settle vesting restricted stock units. From the inception of its capital return program in August 2012 through March 2018, Apple has returned $275 billion to shareholders, including $200 billion in share repurchases. 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. Apple is providing the following guidance for its fiscal 2018 third quarter: • revenue between $51.5 billion and $53.5 billion • gross margin between 38 percent and 38.5 percent • operating expenses between $7.7 billion and $7.8 billion • other income/(expense) of $400 million • tax rate of approximately 14.5 percent Apple will provide live streaming of its Q2 2018 financial results conference call beginning at 2:00 p.m. PDT on May 1, 2018 at www.apple.com/investor/earnings-call/. This webcast will also be available for replay for approximately two weeks thereafter.
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Since84
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Post by Since84 on May 1, 2018 12:34:48 GMT -8
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Since84
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Post by Since84 on May 1, 2018 12:32:43 GMT -8
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Since84
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Post by Since84 on May 1, 2018 12:28:33 GMT -8
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Since84
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Post by Since84 on May 1, 2018 6:16:51 GMT -8
Thanks again as always for the links Since84. I found this CNBC story to take FUD to another level, or at least perhaps the bears are running out of negatives. Nothing like an analysis (guess) based on a rumor leading to assumptions. To summarize, Barclays says: rumored weak Iphone sales/demand => assumed Apple has to spend more than expected on M&A to compensate => Apple has far less money for its capital return program => assumed investors who bought AAPL primarily for the capital return announcement (of which Barclays believes is a lot) will sell => stock will plunge into the lower $150s. Seems like pretty weak 'analysis' coming from a major firm. At least we only have to wait another 8+ hours to find out! I contemplated adding the line 'Apparently Barclays hasn't completed their purchases' but decided it was a little too snarky.
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Since84
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Post by Since84 on May 1, 2018 3:16:38 GMT -8
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Post by Since84 on May 1, 2018 2:28:48 GMT -8
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Since84
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Post by Since84 on Apr 30, 2018 12:19:59 GMT -8
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Post by Since84 on Apr 30, 2018 11:18:08 GMT -8
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