From the video clips I've seen. More as they come in.
Steve Kovach, CNBC:
Daniel Ives, Wedbush:
Toni Sacconaghi, Bernstein:
Stephanie Link, Hightower:
Gene Munster, Loup Ventures:
Tom Forte, Davidson:
Steve Kovach, CNBC:
Daniel Ives, Wedbush:
Toni Sacconaghi, Bernstein:
Stephanie Link, Hightower:
Gene Munster, Loup Ventures:
Tom Forte, Davidson:
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>shrug<
I picked up some more shares yesterday, and will probably reach for more come mid-end of May.
Glory to the Longs!
Monday will be – interesting….
But does anyone other than me remember the last two times China “sunk” AAPL, and what the really smart move would have been both times? Yep. Salt away a bunch more cheap AAPL!
As has been the case all year long, even Apple isn’t immune to the macro environment. What is the impact?
Apple’s cumulative EPS equals $6.32/share. (Assuming 100M shares were removed, share count would drop to about 16.22B.)
At the present price of ~$160/share, P/E drops to (160/6.32=) 25.32
BTW, an alternative P/E would assume the present share count. That is, add net income from all four quarters, then divide that by the present share count. What you’ll see is a much higher yearly EPS in terms of today’s share count. And as EPS increases, at any given price, P/E decreases. So that 25.3 P/E is actually misleadingly high…
IOW, that’s further proof that AAPL is a MASSIVE BARGAIN right now..,.