AAPL-Apple

[ciriacolettiere]

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.

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:

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=topbarit

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.

[winner (n)]

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

[Mr Cashflow]

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:

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.

[Shareguy]

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

[Onemootpoint]

Earnings report out tomorrow. Will be interesting to see how the services are holding up.

[Shareguy]

Earnings report out tomorrow. Will be interesting to see how the services are holding up.

Yes it will. The Fitch downgrade might spoil the party.

[Onemootpoint]

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

[Shareguy]

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.

[Shareguy]

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

[Mr Cashflow]

https://www.phonearena.com/news/kuo-iphone-15-not-as-popular-as-predecessor_id149419

[Onemootpoint]

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.

[Shareguy]

https://www.cnn.com/2023/09/07/investing/apple-stock-iphone-china-ban

[Onemootpoint]

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.

[Shareguy]

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

[Shareguy]

Apple underperformed in 2023

https://www.cnbc.com/2023/12/29/apple-underperformed-mega-cap-peers-in-2023-due-to-revenue-slide.html