AAPL-Apple

[Shareguy]

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/

[Onemootpoint]

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.

[Shareguy]

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

[Shareguy]

Tomorrows the day

https://au.finance.yahoo.com/news/time-buy-apple-stock-more-223910130.html

[Onemootpoint]

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.

[Shareguy]

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

[Onemootpoint]

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.

[Shareguy]

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

[Basil]

Congrats mate.  You're probably right.  Long term you can't lose with Apple.  Heck, even Forest Gumph did well 

[Shareguy]

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.

[Shareguy]

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.

[Shareguy]

https://au.finance.yahoo.com/news/apple-shares-close-record-latest-201106048.html

[ciriacolettiere]

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?

Apple is unlikely to suffer much. It has a different segment - people with money. There will always be people like that.

[ciriacolettiere]

I 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.

[Shareguy]

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.

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.