Now my largest holding after the decline in Steel and Tube. Have owned Apple for a very long time and recently added to my position. I see it as a great company which continues to perform. Good buying under $150
Agree this is a great company that holds over USD 200 BILLION in cash and continues to develop and sell consumer goods that have become consumer staples. The shares have dropped around 25% from their high (in December and March) but are still up 5% on 12 months ago.
Hold this one and am dollar cost averaging each month with small additions.
Wow. Onwards and upwards $172.00
You still holding Shareguy ?
TA - Seems to be forming a set of lower high's and lower low's, looks bearish to me.
https://www.marketscreener.com/quote/stock/APPLE-INC-4849/consensus/
21 times FY23 earnings is still a big premium to the market and I wonder in the looming recession and cost of living crisis why people would upgrade their phones and other Apple devices to expensive new versions of the same?
Also won't Apple's earnings take a hit from the high $US?
Quote from: Basil on Jan 10, 2023, 12:03 PMYou still holding Shareguy ?
TA - Seems to be forming a set of lower high's and lower low's, looks bearish to me.
https://www.marketscreener.com/quote/stock/APPLE-INC-4849/consensus/
21 times FY23 earnings is still a big premium to the market and I wonder in the looming recession and cost of living crisis why people would upgrade their phones and other Apple devices to expensive new versions of the same?
Also won't Apple's earnings take a hit from the high $US?
A lot riding on the VR headset (https://www.cnbc.com/2023/01/09/apple-vr-headset-to-launch-this-spring-and-ship-in-the-fall-report.html) and concerns about revenue (https://www.cnbc.com/video/2023/01/09/apple-iphone-revenues-expected-to-deflate-further-in-2023-says-bernsteins-toni-sacconaghi.html)
Thanks for the links. Gosh if earnings really disappoint then as Kelly suggested the metrics might get rerated down to a market discount in the low teens and the share price decline could get really ugly.
Quote from: Basil on Jan 10, 2023, 12:03 PMYou still holding Shareguy ?
TA - Seems to be forming a set of lower high's and lower low's, looks bearish to me.
https://www.marketscreener.com/quote/stock/APPLE-INC-4849/consensus/
21 times FY23 earnings is still a big premium to the market and I wonder in the looming recession and cost of living crisis why people would upgrade their phones and other Apple devices to expensive new versions of the same?
Also won't Apple's earnings take a hit from the high $US?
Yes. It's been a long term holding for me that I free carry. My broker has been suggesting for years that I sell some, but at the end of the day it keeps doing well. Anything under $150 is good buying in my opinion.
No doubt there is some big headwinds at the moment, however they keep beating market expectations and I expect new products and innovation will continue to drive this company's future. Love the cash holding.
The majority of Research analysts still have as buy. My largest position that remains a bottom draw share. Because it is free carry I do worry it might cloud my judgement on this one. May regret that, but history says I won't.
Disc, have been buying recently on weakness for a family member.
Quote from: Shareguy on Jan 11, 2023, 07:09 AMYes. It's been a long term holding for me that I free carry. My broker has been suggesting for years that I sell some, but at the end of the day it keeps doing well. Anything under $150 is good buying in my opinion.
No doubt there is some big headwinds at the moment, however they keep beating market expectations and I expect new products and innovation will continue to drive this company's future. Love the cash holding.
The majority of Research analysts still have as buy. My largest position that remains a bottom draw share. Because it is free carry I do worry it might cloud my judgement on this one. May regret that, but history says I won't.
Disc, have been buying recently on weakness for a family member.
Fair enough mate. You obviously have a better broker than I previously had with Forsyth Barr. Many years ago, more than a decade if my memory serves me correctly, I was really adamant that I wanted to buy Apple at $200 but he talked me out of it. (That was before the 7:1 split quite a number of years ago so $28.57 effectively).
The big talk today on CNBC is the play by MS on open AI.
I started buying well before the split and ended up selling a good portion to get to current free carry position. I can't remember why I sold any, other than to lower risk and take a profit, but that was a mistake. I decided years ago don't sell quality and that has worked for me.
Personally I think quality is worth the premium. Understand it could all change and agree there are a few issues to overcome.
When I go to the mall and other places I see people of all ages, rich and poor clutching their phones like they are gold bars. The new age to have this essential item by the looks of it seems to be getting younger and younger. I can't see this changing.
Apple have been change leaders and I'm betting this is going to continue.
Good for you Shareguy. Tell you a good hard luck story mate.
The idea of buying Apple first occurred to me in 1994 when I watched the movie Forest Gumph, (remember how he inherited some Apple shares and then never had to worry about money again?). I worried I had missed the boat and was a bit late so did nothing about it.
Just out of interest I just looked back on MS Money at the long term chart and on a split adjusted basis they were 30 cents in 1994...so its 433 times as valuable today, OUCH !
Wow. 30 cents in 1994. Gosh if only. As you have rightly stated in the past all we really have to go on is the past. No guarantee of the future but in my opinion very important in deciding to invest. Great movie by the way.
https://www.businessinsider.com/apple-and-google-facing-real-competiive-pressure-2023-1
Failed to meet eps expectations, but forecast saves the day. Share price up.
https://www.cnbc.com/2023/02/02/apple-aapl-earnings-q1-2023.html
Craig's latest today
Quarterly wrap – rare revenue miss largely due to supply challenges
AAPL delivered a rare revenue and earnings miss (3.5%) relative to analyst expectations caused by pressure from currency movements, production issues in China, and macro-economic conditions. Currency headwinds had an 800 basis point impact meaning that in constant currency terms AAPL grew earnings by about 2.5%. AAPL signalled in an update last November that Chinese COVID-19 lockdowns were impacting the supply of iPhone14 Pro and Pro Max, which have the highest selling prices and are a very profitable part of AAPL's business. These disruptions caused iPhone sales to fall by 8% to US$65.8bn (flat in constant currency terms) and miss analyst estimates by about US$2bn. The lack of supply impacted sales by about US$6bn implying that iPhone sales would have grown without the disruptions. Elsewhere, Mac sales fell 29%, in line with guidance due to a difficult comparative quarter last year which involved a new product launch while iPad sales rose 30% off a low base as sales last year were impacted by supply issues. Wearables fell 8% to US$13.5bn and appears more susceptible to demand factors than other parts of business. Services revenue growth was a bright spot, accelerating to 6% growth (from 5% last quarter), helped by ongoing expansion of paid subscriptions which rose by 35m to 935m in the quarter. The company announced the installed base of Apple devices broke through the 2bn mark, another indication of strong brand loyalty.
Management did not give any formal revenue guidance for the second quarter of 2023 due to the uncertain macro environment. It did suggest March quarter revenue growth will look like the December quarter (-5%) which implies a small acceleration given one less week in the March quarter. Currency headwinds will continue (a 500- basis point headwind in March) but the recent weakness in the US dollar could start to have a minor benefit in the June quarter. Gross margins (which can be a good indicator of pricing power) are expected to improve in the March quarter mainly due to a change in mix (more services/IPhone 14 sales). Supply constraints are expected to have a declining impact, which the company did not quantify.
Investment view
AAPL is a high-quality company with scale, brand and high switching cost moats. AAPL is the market leader in high-end smartphones and continues to gain market share. The 5G upgrade cycle is the strongest upgrade cycle since the iPhone 6 with the challenges in the quarter more about supply than demand. AAPL also generates other revenue streams within its ecosystem. Services revenue (which is growing consistently faster than the overall company growth) is recurring, higher margin and less cyclical and an important factor in the sustained higher rating of AAPL stock. The increasing importance of services revenue in its growing ecosystem will make AAPL a moderate growth stock over time, especially as the company looks to continue to expand its suite of products.
AAPL has a strong balance sheet and is a cash machine. This capital is either reinvested back into its business through research and development (US$26bn per annum) or capital expenditure or increasingly returned to shareholders via buybacks and dividends (US$26bn). This was a rare tough quarter for AAPL and the informal guidance given suggests ongoing challenges. However, the medium-term demand outlook remains healthy, and the company continues to execute strongly. AAPL is trading off its peak multiples at 24.2x its 12-month forward earnings (it peaked at 35x forward earnings). AAPL still trades at a 25% premium to pre-COVID levels, but this reflects a stronger medium term growth outlook, and we maintain our Add recommendation.
PRIVATE WEALTH R
Goldman Sachs claimed the tech monolith has more than 30% upside
https://investorplace.com/2023/03/aapl-stock-price-predictions-the-case-for-apple-hitting-199/
A self fulfilling prophecy to a minor extent; the share price jumped like a rocket with that news - as share prices do. For a quality stock this TP a year out is quite possible, but the tremendous short term market cap increase recently doesn't sit right. Like most stocks it dropped back today after JP's testimony.
Apple share price heading back up. Not sure if I agree going into buy now pay latter a good move.
https://www.businessinsider.com/apple-introduces-buy-now-pay-later-service-2023-3?utm_source=copy-link&utm_medium=referral&utm_content=topbar
Tomorrows the day
https://au.finance.yahoo.com/news/time-buy-apple-stock-more-223910130.html
Pre market price down a bit more today after yesterdays reaction to JP brought it down. But all hinges on the earnings call. Will services trump iPhones and computers.
Beats EPS consensus again.. Dividend up. Increased buy back. Share price up.
https://nz.finance.yahoo.com/video/apple-stock-rises-q2-earnings-205410596.html?contentType=VIDEO
Just saw the headlines. Even better than I expected. Yet to scan through it but post market is up even though the Nasdaq futures are down.
Great waking up to see my portfolio this morning. 52 week high and coming up to all time high.
Apple's stock market value climbed by over $100 billion to about $2.7 trillion, extending its lead over Microsoft, the world's second most valuable company, at $2.3 trillion.
https://finance.yahoo.com/news/apples-results-send-shares-surging-180622253.html
Congrats mate. You're probably right. Long term you can't lose with Apple. Heck, even Forest Gumph did well ;D
Warren Buffet said this on Apple at Berkshire AGM.
Apple has a position with consumers where they're paying 1,500 bucks or whatever it may be for a phone. And the same people pay $35,000 for having a second car, and [if] they had to give up a second car or give up their iPhone, they give up their second car. I mean, it's an extraordinary product. We don't have anything like that that we owned 100% of, but we're very, very happy to have 5.6 or whatever-it-may-be percent, and we're delighted every 10th of a percent that goes up."
The Oracle of Omaha added that he regrets having sold some shares a few years ago.
"I made a mistake a couple of years ago and I sold some shares. I had certain reasons why gains were useful that year from a tax standpoint, but having heard me say that, it was a dumb decision."
"We want to own good businesses and we also want to have plenty of liquidity. And beyond that, the sky's the limit," Buffett said.
I also made the same mistake selling a good chunk years ago. Still have a large holding and added when under $150.
Craig's latest
Investment view
AAPL is a high-quality company with scale, brand and high switching cost moats.
AAPL is the market leader in high-end smartphones and continues to gain market
share. The 5G upgrade cycle is the strongest upgrade cycle since the iPhone 6 with
the challenges in the quarter more about supply than demand. AAPL also generates
other revenue streams within its ecosystem. Services revenue (which is growing
consistently faster than the overall company growth) is recurring, higher margin and
less cyclical and an important factor in the sustained higher rating of AAPL stock.
The increasing importance of services revenue in its growing ecosystem will make
AAPL a moderate growth stock over time, especially as the company looks to
continue to expand its suite of products.
AAPL has a strong balance sheet and is a cash machine. AAPL has a net cash
position of US$57bn and generates operating cash flows of over USD25bn per
quarter. Given the strong confidence AAPL has in its future, the company has
authorised an additional US$90bn in share buybacks and increased the dividend by
4%. CEO Tim Cook believes AI is a huge opportunity and AAPL continue to integrate
it into its products in a responsible way. The medium-term demand outlook remains
healthy, and the company continues to execute strongly. AAPL is trading off its peak
multiples at 27.4x its 12-month forward earnings (it peaked at 35x forward earnings).
AAPL still trades at a 35% premium to pre-COVID levels and is relatively fully priced in
our view. However, it has exhibited good defensiveness and has a solid medium
term growth outlook, and we maintain our Add recommendation.
https://au.finance.yahoo.com/news/apple-shares-close-record-latest-201106048.html
Quote from: Basil on Jan 10, 2023, 12:03 PMYou still holding Shareguy ?
TA - Seems to be forming a set of lower high's and lower low's, looks bearish to me.
https://www.marketscreener.com/quote/stock/APPLE-INC-4849/consensus/
21 times FY23 earnings is still a big premium to the market and I wonder in the looming recession and cost of living crisis why people would upgrade their phones and other Apple devices to expensive new versions of the same?
Also won't Apple's earnings take a hit from the high $US?
Apple is unlikely to suffer much. It has a different segment - people with money. There will always be people like that.
Quote from: Shareguy on May 07, 2023, 07:47 AMI also made the same mistake selling a good chunk years ago. Still have a large holding and added when under $150.
You're not the only one :) I too had a sale that would have made me a little richer today. But how do you know for sure? I'm not worried about it anymore. But now I think twice before selling.
Quote from: ciriacolettiere on Jun 14, 2023, 07:26 PMYou're not the only one :) I too had a sale that would have made me a little richer today. But how do you know for sure? I'm not worried about it anymore. But now I think twice before selling.
Your question got me thinking.
You don't no. All you can go on in my opinion is past performance and keep a close eye on things going forward. My broker only this week was on at me to sell some Apple. He pointed out to me that I had a strong conviction with another of my largest holdings Ebos. Ebos have had a recent pullback on the loss of a major contract. Quality is just that and I don't expect any company to improve EPS every year. There is always going to be blips in the road. With the latest Ebos drop it's a buying opportunity for me. Well that's how I look at it anyway.
On saying that realising a profit is a good thing. Quality in the long run pays well and more importantly allows one to have a good nights sleep. I can see Apple continuing to be change leaders with maybe the best is yet to come, however no one knows for sure.
Buffett made a fortune because he held a lot of cash and took advantage of a situation.
The company acquired about US$31 billion (NZ$50b) in Apple shares over several years, starting in 2016 – which some might say was a bit late to the game.
Today, the stake is worth US$180b and is Berkshire's largest holding and 22% of the company's value.
Quote from: Shareguy on Jun 16, 2023, 12:15 PMYour question got me thinking.
You don't no. All you can go on in my opinion is past performance and keep a close eye on things going forward. My broker only this week was on at me to sell some Apple. He pointed out to me that I had a strong conviction with another of my largest holdings Ebos. Ebos have had a recent pullback on the loss of a major contract. Quality is just that and I don't expect any company to improve EPS every year. There is always going to be blips in the road. With the latest Ebos drop it's a buying opportunity for me. Well that's how I look at it anyway.
On saying that realising a profit is a good thing. Quality in the long run pays well and more importantly allows one to have a good nights sleep. I can see Apple continuing to be change leaders with maybe the best is yet to come, however no one knows for sure.
Buffett made a fortune because he held a lot of cash and took advantage of a situation.
The company acquired about US$31 billion (NZ$50b) in Apple shares over several years, starting in 2016 – which some might say was a bit late to the game.
Today, the stake is worth US$180b and is Berkshire's largest holding and 22% of the company's value.
Ebos lost a little in value due to the loss of the contract. I think it was a very slight loss, wasn't it?
I wonder if Apple's rise in 2016 is due to Buffett's $31 billion purchase? I think it may have had an impact. After all, other people might have thought: since Buffett bought so much, it makes sense.
But it could also make sense of some insider information that Buffett found out - that's just my guess.
As for changes - I like that about Apple. Personally, I strongly believe that only changing companies will succeed in the future. Here's the link you gave to businessinsider:
Quote from: Shareguy on Apr 01, 2023, 06:34 AMApple share price heading back up. Not sure if I agree going into buy now pay latter a good move.
https://www.businessinsider.com/apple-introduces-buy-now-pay-later-service-2023-3?utm_source=copy-link&utm_medium=referral&utm_content=topbar (https://www.businessinsider.com/apple-introduces-buy-now-pay-later-service-2023-3?utm_source=copy-link&utm_medium=referral&utm_content=topbar)it (https://betpokies.co.nz/apple-pay-casinos)
Would you call that a significant change? I think not. However, it will increase the number of sales. I guess Apple want to reach a different target audience in this way - people who want to buy but can only buy with a loan.
This guy from High Tech Strategist positioning for a fall in AAPL share price. Why -
AAPL's net cash is down to just 1.7% of mkt. cap. (vs. 28% in 2016), yet many investors still believe there's a huge cash cushion supporting stock's $3 TRILLION valuation. When investors figure out AAPL's a 33 PE, negative growth co. with no cash safety net...Trouble
Quote from: ciriacolettiere on Jun 23, 2023, 08:08 PMEbos lost a little in value due to the loss of the contract. I think it was a very slight loss, wasn't it?
I wonder if Apple's rise in 2016 is due to Buffett's $31 billion purchase? I think it may have had an impact. After all, other people might have thought: since Buffett bought so much, it makes sense.
But it could also make sense of some insider information that Buffett found out - that's just my guess.
As for changes - I like that about Apple. Personally, I strongly believe that only changing companies will succeed in the future. Here's the link you gave to businessinsider:
Would you call that a significant change? I think not. However, it will increase the number of sales. I guess Apple want to reach a different target audience in this way - people who want to buy but can only buy with a loan.
Apple's products are luxury divices.
Nearly at $200. Reporting Friday.
Apple's share price has soared 49% so far this year, ballooning its weight in stock indexes to record levels and pushing its market capitalization over $3 trillion. The company's weighting in the S&P 500 has swelled to 7.6%, the biggest of any one stock in the history of the benchmark index, according to S&P Dow Jones Indices.
https://appleinsider.com/articles/23/07/30/what-analysts-expect-from-apples-q3-2023-earnings-report
Earnings report out tomorrow. Will be interesting to see how the services are holding up.
Quote from: Onemootpoint on Aug 03, 2023, 01:27 AMEarnings report out tomorrow. Will be interesting to see how the services are holding up.
Yes it will. The Fitch downgrade might spoil the party.
Opinion on the Apple earnings prior to market opening. Focus likely to be on services and less so on the iPhone (awaiting new phones around Sept). Either way, the mega tech's were/ are a bit overbought and have come down a bit. May do more so. I just get the feeling the market is awaiting this Apple earnings release.
https://www.youtube.com/watch?v=kcGptUA3XPQ
Agree, after a nearly 50 percent rise this year needs to be a stunner. Apple are one of those few companies that often surprise the market to the upside.
Wall Street expecting Q3
Revenue: $81.7 billion
EPS: $1.19 per share
iPhone revenue: $39.9 billion
iPad revenue: $6.4 billion
Mac revenue: $6.6 billion
Other products: $8.4 billion
Services: $20.8 billion
Not long to wait.
Apple reported third fiscal quarter results that beat Wall Street expectations for both earnings and sales, driven by stronger services sales that grew 8% on an annual basis.
Overall sales still fell 1% year-over-year, however, and revenue in the company's iPhone, Mac, and iPad lines were all down year-over-year.
Apple shares are down more than 1%.
Here's how Apple did versus Refinitiv consensus estimates:
EPS: $1.26 vs. $1.19 estimated
Revenue: $81.80B vs. $81.69B estimated, down 1% year-over-year
iPhone revenue: $39.67B vs. $39.91B estimated, down 2% year-over-year
Mac revenue: $6.84B vs. $6.62B estimated, down 7% year-over-year
iPad revenue: $5.79B vs. $6.41B estimated, down 20% year-over-year
Other Products revenue: $8.28B vs. $8.39B estimated, up 2% year-over-year
Services revenue: $21.21B vs. $20.76B estimated, up 8% year-over-year
Gross margin: 44.5% vs. 44.2% estimated
https://www.phonearena.com/news/kuo-iphone-15-not-as-popular-as-predecessor_id149419
The markets not liking the news out of China.... AAPL down more than 4% on opening - that on top of the nearly 4% the previous day.
https://www.cnn.com/2023/09/07/investing/apple-stock-iphone-china-ban
After those Chinese government directions the share price went down but retraced a little bit.
New phones and probably watches being announced in a few hours. Pre market AAPL up a fraction.
Apple has had a very good week after its quarter results.
Consensus out of 53 analysts is $196.44
Craigs latest
AAPL has a strong balance sheet and is a cash machine. AAPL has a net cash position of US$51bn and generated operating cash flows of over USD22bn in the quarter. CEO Tim Cook believes AI is a fundamental technology and a huge opportunity and is integral to every product that it produces and AAPL is working on its own large language models (Ajax). The medium-term demand outlook remains healthy, and the company continues to execute strongly. AAPL is trading off its peak multiples at 26.9x its 12-month forward earnings (it peaked at 35x forward earnings). AAPL still trades at a 35% premium to pre-COVID levels and is relatively fully priced in our view. However, it has exhibited good defensiveness and has a solid medium term growth outlook, and we maintain our Add recommendation
Apple underperformed in 2023
https://www.cnbc.com/2023/12/29/apple-underperformed-mega-cap-peers-in-2023-due-to-revenue-slide.html
What a reaction to one brokers downgrade
https://www.cnn.com/2024/01/02/markets/apple-shares-slide-downgrade?cid=ios_app
Stocks ran super hard in November and December and I am expecting a correction / consolidation in the early part of this year, especially for tech and small caps.
Quote from: Basil on Jan 03, 2024, 10:11 AMStocks ran super hard in November and December and I am expecting a correction / consolidation in the early part of this year, especially for tech and small caps.
Agree. Might be a buying opportunity
There is an old market saying that the leaders of the old bull market do not lead the new bull market. So the time might be up for the Magnficent 7.
https://www.marketwatch.com/story/4-of-the-magnificent-seven-stocks-are-losing-their-mojo-and-the-entire-group-could-stall-out-in-2024-8359c149
Quote from: Shareguy on Jan 03, 2024, 11:21 AMAgree. Might be a buying opportunity
Yeah...in a couple of months' time when the dust has settled from the extraordinary Nov/Dec period.
Berkshire sold down Apple in forth quarter. Only 10m shares but will probably have to wait for his newsletter out soon for info..
https://www.google.com/url?q=https://amp.cnn.com/cnn/2024/02/15/investing/warren-buffett-apple-stock-berkshire-hathaway/index.html&sa=U&sqi=2&ved=2ahUKEwiZ9_H7hLOEAxVFdmwGHQznCpsQ0PADKAB6BAgQEAE&
https://nz.finance.yahoo.com/news/apple-aapl-suffers-larger-drop-214519832.html
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.01% upward. Currently, Apple is carrying a Zacks Rank of #3 (Hold).
In terms of valuation, Apple is currently trading at a Forward P/E ratio of 25.9. Its industry sports an average Forward P/E of 9.24, so one might conclude that Apple is trading at a premium comparatively.
I agree with Cramer.
https://www.cnbc.com/2024/04/11/jim-cramer-says-wall-streets-too-cynical-on-powell-nvidia-and-apple.html
Another good result. $110 billion buyback announced. WOW
Post trade up $12. Markets likes it. Will be interesting to see Buffets take on Apple on Saturday. Might be regretting selling the 10m shares. Hey I guess todays gain on those sold shares would of been beer money at $120m.
https://au.finance.yahoo.com/news/apple-beats-q2-estimates-as-iphone-sales-decline-10-091232309.html
Watched a lot of debate on this on CNBC this morning. Just a small beat...expectations were very low.
Quote from: Basil on May 03, 2024, 12:29 PMWatched a lot of debate on this on CNBC this morning. Just a small beat...expectations were very low.
Yep agree. SP up because of buy back and expectations that the future is brighter. Blackrock has a valuation of $113 billion so this buy back is huge. We will find out A1 integration hopefully next few weeks at tech conference. Has the potential to really pop from here I reckon, given it has not gone anywhere during the last year tech rise.
Quote from: Shareguy on May 03, 2024, 12:58 PMYep agree. SP up because of buy back and expectations that the future is brighter. Blackrock has a valuation of $113 billion so this buy back is huge. We will find out A1 integration hopefully next few weeks at tech conference. Has the potential to really pop from here I reckon, given it has not gone anywhere during the last year tech rise.
Apple is the current outlier in the A.I. space, and it will be interesting to see how they do - if only Steve Jobs was still around to guide the company through this new tech-epoch (but I guess that can be said about everything Apple now does: "if only Steve Jobs was still around...").
It is surprising to me Apple have not been more aggressive in pursuing AI in house. It isn't like they are short on cash.
Tuesday will be interesting.
https://www.investors.com/news/technology/apple-stock-wwdc-2024-expectations-siri-upgrade/
AI is Apple intelligence. Market likes it.
https://www.cnbc.com/2024/06/11/apple-shares-pop-to-record-high-after-company-unveils-ai-software.html
Apple top again....
https://www.cnn.com/2024/06/13/investing/apple-microsoft-market-cap-nvidia?cid=ios_app
At $233 some are saying over valued.
https://www.thestreet.com/investing/stocks/analyst-reviews-apple-stock-price-target-on-iphone-sales
Another good result.
Here's how Apple did versus LSEG consensus estimates for the quarter ended June 29:
EPS: $1.40 vs. $1.35 estimated
Revenue: $85.78 billion vs. $84.53 billion estimated
iPhone revenue: $39.30 billion vs. $38.81 billion estimated
Mac revenue: $7.01 billion vs. $7.02 billion estimated
iPad revenue: $7.16 billion vs. $6.61 billion estimated
Wearables, Home, and Accessories revenue: $8.10 billion vs. $7.79 billion estimated
Services revenue: $24.21 billion vs. $24.01 billion estimated
Gross margin: 46.3% vs. 46.1% estimated
https://au.finance.yahoo.com/news/apple-beats-q3-expectations-despite-a-decline-in-iphone-sales-203125455.html
https://www.cnn.com/2024/08/03/business/berkshire-hathaway-apple-stock?cid=ios_app
https://edition.cnn.com/markets/fear-and-greed?utm_source=business_ribbon
Quote from: Basil on Aug 06, 2024, 11:45 AMhttps://edition.cnn.com/markets/fear-and-greed?utm_source=business_ribbon
I love it when markets are in "extreme fear". Always the best time to buy :) ;
Apple hits a new high. Apple to this day is the best share I have owned. The holding has grown through share splits and today is worth a considerable sum. I did make a mistake selling some to have a free carry position but have not sold any in 15 years approx.
My broker stops asking me these days to sell some. To me it's a real example over 30 years of huge wealth appreciation by leaving in the bottom draw.
I suggested to a family member to buy some approx 5 years ago. He said they are too expensive and history might not repeat and brought other shares. Unfortunatly there return has not been great.
The 5-year total Apple return in the same period is 266.40%, meaning $100 invested in AAPL stock 5 years ago would be worth $366.40 today.
Big fall in sales in China. Still another earnings beat. After hours trading currently up over $7 a share.
https://www.cnbc.com/2025/01/30/apple-points-to-fiscal-stimulus-after-steep-china-sales-decline.html
Quote from: Shareguy on Jan 31, 2025, 04:11 PMBig fall in sales in China. Still another earnings beat. After hours trading currently up over $7 a share.
https://www.cnbc.com/2025/01/30/apple-points-to-fiscal-stimulus-after-steep-china-sales-decline.html
where do you get your after hours trading data from? I just looked and couldn't see that it was up $7
they are getting smacked by the TF's... surely china doesnt care what happens to APPLE...
the CCP isnt going to care about APPLE?
does the USA have the worker pool and how long does it take to set up manufacturing?
could this lead to a slump in profits from the TF's..
Quote from: Waltzing on Apr 09, 2025, 08:31 AMthey are getting smacked by the TF's... surely china doesnt care what happens to APPLE...
the CCP isnt going to care about APPLE?
does the USA have the worker pool and how long does it take to set up manufacturing?
could this lead to a slump in profits from the TF's..
Doubt it will happen. Can't see the yanks being happy to pay $3500 US for a phone (figure from CNBC). Trump is delusional in my opinion to think suddenly all this manufacturing is going to come back. It's going to take years and I doubt very much that the US Consumer would be prepared to pay the extra prices for everything. If it gets to $150 might have to add more. In the meantime just watching the carnage.
Carnage? oh dear... more!
for once kiwis might be happy to trad with china after all...
china could step in across asia and say look we are now the good guys...
right.. but hey....trade is trade now... exporters in NZ will be happy to sell to anyone...
Apple is not going to increase the price of iPhone just in the US to cover the tariff. Who is going to buy a $6K+ iPhone- I know some would "Cause it is an Apple!"
Though a bit of a rush on buying iPhones in the US so I heard.
They will spread it around the world, so we all pay more!
Quote from: Jay on Apr 10, 2025, 09:07 AMApple is not going to increase the price of iPhone just in the US to cover the tariff. Who is going to buy a $6K+ iPhone- I know some would "Cause it is an Apple!"
Though a bit of a rush on buying iPhones in the US so I heard.
They will spread it around the world, so we all pay more!
Suits me well. Never bought any Apple Products in my life and don't plan to change that no matter how dumb the bully in the oval office behaves. Bring them on.
What a rebound.
Don't forget that Apple received an exemption from Tariffs from Trumps first term. They are also expecting an exemption for this latest round.
And they got it.....
https://www.cnn.com/2025/04/12/tech/trump-electronics-china-tariffs?cid=ios_app
lol
Oh well I'm expecting to see some nice gains when the market opens.
Quote from: Dolcile on Apr 13, 2025, 12:29 PMlol
Oh well I'm expecting to see some nice gains when the market opens.
Maybe. I guess we find out how the new Chinese export controls work out. Aparantly they decided to starve the US of rare earth minerals. This will do a lot of tech stock prices really good: down, down, down the gurgler. Lets hope Dump does a Liz Truss and goes with the stock prices.