@ 210.20
I expect a crash over the next weeks
Very bad numbers
Edited by .Blizzard, 30 April 2019 - 03:41 PM.
Posted 30 April 2019 - 03:39 PM
@ 210.20
I expect a crash over the next weeks
Very bad numbers
Edited by .Blizzard, 30 April 2019 - 03:41 PM.
Posted 30 April 2019 - 04:22 PM
@ 210.20
I expect a crash over the next weeks
Very bad numbers
why are the numbers bad? I'm not an AAPL bull at this point, think its about fairly valued, The truth of course is they lost their power to innovate. But they have plenty of cash.
Posted 30 April 2019 - 04:33 PM
What a con game. And no, I am not short anything. But have been busy all day the last two days. Got back late yesterday and earlier today. Before opening my software, I realized that Apple was reporting after the close today. And I knew what I was going to see. After all, the genius analysts were busy late 2018 and early 2019 DROPPING estimates on just about everything. What do you get? Bullish setups. A company can report a drop in revenue and earnings, but beat the REDUCED estimates and bang...….well ain't that bullish. On April 30, 2018 AAPL closed at 165.26. Exactly 1 year later it closed at 200.67.....21.4% higher. Trading at 211 after hours as I type. So lets see. Revenues just reported after hours were DOWN 5.1% from a year ago. Earnings per share just reported after hours were DOWN 9.9% from one year ago.....and this AFTER tons of share repurchases. And what do you get for these DROPS in revenue and earnings? You get a closing price that is 21.4% higher than one year ago and an after hours price that is 27.7% HIGHER than one year ago. Admit it. Makes you feel really good if you are buying it after hours NOW after SELLING it in the 140's four months ago....now doesn't it? And their guidance? Why....it was so bullish because it was above estimates. But in truth their guidance is for basically the same revenue as last year for the coming quarter. So where's the beef.....ugh, I mean growth.....that Wall Street so craves?
Edited by Iblayz, 30 April 2019 - 04:36 PM.
Posted 30 April 2019 - 04:57 PM
@ 210.20
I expect a crash over the next weeks
Very bad numbers
why are the numbers bad? I'm not an AAPL bull at this point, think its about fairly valued, The truth of course is they lost their power to innovate. But they have plenty of cash.
+50% from december lows...
Revenue up 1% (lower range of the analysts estimates). Just decent Earnings but again in the lower range of the estimates
I expect at least 25% of downside over the coming weeks ...maybe in 3/4 months
This is not a buy
Posted 30 April 2019 - 05:05 PM
Jim Cramer is a moron...
Posted 30 April 2019 - 05:13 PM
Posted 01 May 2019 - 09:59 AM
https://www.wsj.com/...3fb2de7fa021c37
'Sales of the iPhone, long the biggest driver of Apple's business, fell 17% to about $31 billion—an accelerated decline for a product that has been hobbled by smartphone owners holding on to devices longer and by competition.'
Posted 01 May 2019 - 11:09 AM
@ 210.20
I expect a crash over the next weeks
Very bad numbers
why are the numbers bad? I'm not an AAPL bull at this point, think its about fairly valued, The truth of course is they lost their power to innovate. But they have plenty of cash.
+50% from december lows...
Revenue up 1% (lower range of the analysts estimates). Just decent Earnings but again in the lower range of the estimates
I expect at least 25% of downside over the coming weeks ...maybe in 3/4 months
This is not a buy
I never said it was a buy not touching it.There is one thing I believe the street is wrong about AAPL. They are raving about the ecosystem, like that will carry AAPL. AAPL lost the ability to innovate, people were drawn to the ecosystem, by the innovation aapl was so good at. I think my AAPL days are over. (JMHO)