Wednesday, September 23, 2009
Wednesday, August 26, 2009
Growth in bad economy
Apple has $24.22 billion in cash. Analysts estimate 9% and 16% growth this year and next.
Monday, August 24, 2009
APPLE PRICE TARGET
As of August 24th with a triple top breakout, Apple has a current price objective of $231.
Saturday, August 15, 2009
BUY BUY BUY
Apple is one of the better stocks in the universe. You can accumulate this name at any time.
Tuesday, February 17, 2009
Apple still good long term
This morning was not good, and things just got worse as the day went on. The closing below 802 on the S&P was probably the worst as 775, looks to be the next area of support. Most of the charts look bad and will probably get worse. I dont think you can short Apple here, but buying it might be trouble in the current market. If you want to trade it you can buy it on a limit order in after hours and hope for a little pop in the morning, but that is all speculative. Good luck, if you are a bull you will need it.
Saturday, February 14, 2009
Apple still looks good going forward
Apple has held up recently under $100, it has not broke out on high volume, but the chart really looks good. Stop out at $86 if you want downside protection, but like I said it looks good going forward. From the Imac to the Ipod Touch, this company is just starting to realize its full potential. Steve Jobs is very important but Ido believe they could get by without him as their product mix has some pretty devoted followers. All you have to do is say one thing negative on this stock and you get hate mail for weeks. Keep watching the ticker, any positive news with respect to retail or electronics will push this stock higher. Buy on dips.
Tuesday, February 10, 2009
AAPL Will Dethrone Microsoft
The US bear market has affected many companies, many in the financial sector. The average US consumer has seen their disposable income decreased substantially and they are unable to refinance their home to get some needed relief as the mortgage market has tightened. Inflation with respect to energy has really hurt the commuter as we have seen gas prices shoot through the roof and they have had no other option but to trade in their SUV and sqeeze their two kids and family dog into a Prius. All of this doesnt mean short everything, but I am seeing a change in the market that is somewhat confusing. C and MER came in with earnings and still had substantial write downs but not apocalyptic by any means. MSFT and GOOG didnt do as well as many thought but that was on the heals of IBM having another good quarter. The sell off in the Nasdaq today seems to be a little too much as I do not believe that things are as bad as many think. We are just starting to see the tapering off of oil prices and it is looking as a downward trend could continue for some time. With all of the commotion, many have forgotten some of the best companies that have consistantly outperformed the market. My holding in POT and MON are starting to look good from an earnings standpoint, but today I will be taking a position ahead of AAPL's earnings.
AAPL is not just a great company with one of the biggest fan clubs in the world, they just seem to do things that others deem impossible and they are the computers the world thinks are cool. The "cool" factor is something you can't buy or mimic, it is just something you have. I went to best buy last week to take a look at a new computer as mine is so slow now I cuss more than I type, but AAPL had a huge setup with tons of people looking at their laptops and desktops. It is obvious the HP's and Dell's of the world are just bowing before them. When speaking with the sales staff, they didnt even want to bother with the other companies and kept directing me towards the new Apple that with a little VM softwear could do everything, even let my dog out in the morning if I slept in. Is all the hype warranted? I believe so, and I am going to put my money where my mouth is as earnings on Monday will probably be spectacular.
When looking at AAPL, I am not dismissing the effect the Ipod touch and Iphone have had, but look at this as just the beginning and their halo effect on their computer sales. I own an Ipod Touch and currently hook it up through a wireless network that allows me to hear all of the baseball games over the internet while I knock down the grass with my tractor in my back field. I know it sounds like a little thing, but it keeps me busy on many an uneventful weekend afternoon. These little enjoyable things are not just a want, at least for me, but a need. I cannot do without this technology and since I have an Ipod I will probably buy an Apple as my next computer, to replace my existing Compaq (now you have an idea how old it is).
If you want to follow PC sales one first needs to follow Gartner as he is the guru of guru's with respect to this area. On July 16th it was reported that AAPL is now the third largest PC vendor in the US. Only 60000 units separate them from Acer, but that is a far cry from last year's numbers. The market share gains are phenomenal with respect to sales even though the percentage does not seem that large. AAPL now has 8.5% of the US market but when growth in this area is measured for the company sales are up 38% year over year. Market share is up 2.1% year over year with respect to the entire US market. To give an idea of how much Apple can grow Dell has four times the US shipments as AAPL currently has. Also, global shipments of PC's are up 16% year over year. The IDC has the numbers for Apple shipments lower than Gartner, but either way the numbers still look good. Robust growth in the sector was seen in the EMEA. There was some slowing in Asian markets, but most seen in Japan. The US has also slowed, but that was expected.
There was an estimated 2.37 million Macs shipped worldwide. Look for numbers to be substantially higher than the street expects as this stock has taken its breather. The 3G Iphone will also help sales, and I believe that many of the contractual situations will be lifted somewhat in order to get the product out to more consumers, increasing revenue. The main reason for being excited and buying this stock into earnings has more to do with performance. They have beaten estimates for so many quarters in a row it is hard to keep track. They will probably offer a conservative guidance, but look for something new over the horizon. The fact that Apple stores are empty with respect to Iphones, is a little worrisome, but it looks to give an investor an opportunity to buy. Look for net income to come in over $1 billion and for earnings to be in the $1.25 area. This stock is headed to $200.
Since the $100 barrier was taken out and they are still within their trading range, I would follow this one closely. It may be one of the best companies on the planet, and they probably have the best products. Long term investors can buy anytime going forward.
AAPL is not just a great company with one of the biggest fan clubs in the world, they just seem to do things that others deem impossible and they are the computers the world thinks are cool. The "cool" factor is something you can't buy or mimic, it is just something you have. I went to best buy last week to take a look at a new computer as mine is so slow now I cuss more than I type, but AAPL had a huge setup with tons of people looking at their laptops and desktops. It is obvious the HP's and Dell's of the world are just bowing before them. When speaking with the sales staff, they didnt even want to bother with the other companies and kept directing me towards the new Apple that with a little VM softwear could do everything, even let my dog out in the morning if I slept in. Is all the hype warranted? I believe so, and I am going to put my money where my mouth is as earnings on Monday will probably be spectacular.
When looking at AAPL, I am not dismissing the effect the Ipod touch and Iphone have had, but look at this as just the beginning and their halo effect on their computer sales. I own an Ipod Touch and currently hook it up through a wireless network that allows me to hear all of the baseball games over the internet while I knock down the grass with my tractor in my back field. I know it sounds like a little thing, but it keeps me busy on many an uneventful weekend afternoon. These little enjoyable things are not just a want, at least for me, but a need. I cannot do without this technology and since I have an Ipod I will probably buy an Apple as my next computer, to replace my existing Compaq (now you have an idea how old it is).
If you want to follow PC sales one first needs to follow Gartner as he is the guru of guru's with respect to this area. On July 16th it was reported that AAPL is now the third largest PC vendor in the US. Only 60000 units separate them from Acer, but that is a far cry from last year's numbers. The market share gains are phenomenal with respect to sales even though the percentage does not seem that large. AAPL now has 8.5% of the US market but when growth in this area is measured for the company sales are up 38% year over year. Market share is up 2.1% year over year with respect to the entire US market. To give an idea of how much Apple can grow Dell has four times the US shipments as AAPL currently has. Also, global shipments of PC's are up 16% year over year. The IDC has the numbers for Apple shipments lower than Gartner, but either way the numbers still look good. Robust growth in the sector was seen in the EMEA. There was some slowing in Asian markets, but most seen in Japan. The US has also slowed, but that was expected.
There was an estimated 2.37 million Macs shipped worldwide. Look for numbers to be substantially higher than the street expects as this stock has taken its breather. The 3G Iphone will also help sales, and I believe that many of the contractual situations will be lifted somewhat in order to get the product out to more consumers, increasing revenue. The main reason for being excited and buying this stock into earnings has more to do with performance. They have beaten estimates for so many quarters in a row it is hard to keep track. They will probably offer a conservative guidance, but look for something new over the horizon. The fact that Apple stores are empty with respect to Iphones, is a little worrisome, but it looks to give an investor an opportunity to buy. Look for net income to come in over $1 billion and for earnings to be in the $1.25 area. This stock is headed to $200.
Since the $100 barrier was taken out and they are still within their trading range, I would follow this one closely. It may be one of the best companies on the planet, and they probably have the best products. Long term investors can buy anytime going forward.
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