OK, so I'm conducting this quick opinion poll here on Stockaholics and am curious to hear what kind of sentiment we have for AAPL on its ER today. AAPL Poll: Up, Down or Flat after ER today? <-- click there to vote! The Shadowtrader guys just did this on their show this afternoon and I just thought it would be interesting to also conduct here at Stockaholics as well...
Every Rating And Price Target On Apple Apple Inc.'s Q4 earnings report comes about a month after the tech bellwether launched iPhone 7 and 7 Plus. Piper Jaffray expects results to be in-line with the expectations. Wall Street analysts are looking for an EPS of $1.65 on revenue of $46.89 billion. These brokerages have the following ratings and price tags on Apple's stock: Wells Fargo: Market Perform with a valuation range of $105 and $120. Piper Jaffray: Overweight with a target price of $151. Drexel Hamilton: Buy and a price objective of $185. UBS: Buy and a price target of $127. Deutsche Bank: Hold with a target price of $108. Credit Suisse: Outperform with a price objective of $150. Citi: Buy with the target price of $130. Barclay: Overweight with a price target of $114. Bank of America: Buy and a price objective of $125. Morgan Stanley: Outperform and a target price of $123. Nomura: Buy and a price target of $125. Pacific Crest recommends buying Apple The stock traded around $117.76 heading into the final hour of trading. Read more: http://www.benzinga.com/news/16/10/8598984/every-rating-and-price-target-on-apple
Apple earnings beat at $1.67 per share; shares pop 2% Read more: http://www.cnbc.com/2016/10/25/apple-reports-fiscal-fourth-quarter-2016-earnings.html
Seems like phones are doing about all they can do for a while. Seems to be a lot of talk now about new accessories for existing phones here lately. It seems to me that it would be hard to replace the past new phone revenues with accessory revenues.
Reported after close today (10/25/16) Earnings: EPS $1.67 Revenue $46.9B Estimates: EPS $1.65 Revenue $46.89B Down 2.79% after hours
If you're smart, you'll figure out near the low point (and it will drop!) And you'll start buying. That's about all I can say.
I had 30% profit before the bell yesterday. Being too greedy has always been a problem of mine which put me in a unnecessary loss. Lesson learned.
If the selling continues, I would be very interested in some potential calls around the $110 area here:
Analyst Upgrade/Downgrade Update Brokerage firm: Stifel Change: Downgrade Previous Rating: Buy Current Rating: Hold Previous Price Target: $130 Current Price Target: $115
Hello again: Live blog of Apple's October 27 event http://www.macworld.com/article/3135865/macs/hello-again-live-blog-of-apples-october-27-event.html
Doesn't start for about 50 minutes. I am not sure If I will follow. I am busier than a one armed paperhanger in a windstorm
I am more interested if they will give detail's on the Macbooks regarding AMD "Apple's big event in September showed us a number of new product updates—we got the Apple Watch Series 2, wireless AirPods, and, of course, the iPhone 7 and 7 Plus. Luckily for us, Apple's not done rolling out the goods. If the rumors are true, we're expecting to see a new lineup of MacBooks during Apple's second fall event on Thursday, featuring a fancy new Magic Toolbar with a Touch ID sensor at the top of the MacBook's keyboard. We'll know for sure soon!"
