MacDailyNews - Where Mac news comes first

Jan 23, 08 - 03:42 pm Comment from: iWill

Faith or fear, take your pick...

See,
Now that the pundits have bought all they safely can of Apple stock, NOW they start talking it back up.

I say its all a big fix by market insiders and so called journalists working together.

en

Jan 23, 08 - 03:50 pm Comment from: Malthus

While many are freaking at supposed weakness, or uncertainty, in the iPod and iPhone market, the Mac sector is going to continue to boom. With laptop sales now poised to make up the largest sector of the total market, Apple is perfectly positioned. MacBooks, of all flavors, are some of the most attractive offerings available and they are going to clean up...

I'm buying!

Jan 23, 08 - 03:56 pm Comment from: Mac n' Cheese

I've made $12+ per share just in a couple of hours...

Jan 23, 08 - 04:00 pm Comment from: ChrissyOne

"rotten to the core"

I am so done with the Apple puns in the news. Apple's Shine, Apple's Core, Bite of Apple...

Ampar, could you think of some new ones, please, and send them to Reuters or something?

If Apple had a bigger presence in the enterprise world, this huge stock drop wouldn't be happening. Microsoft is not plunging that much for instance.

Apple needs to expand its brand into the corporate world and also outside of the US.

Jan 23, 08 - 04:06 pm Comment from: ChrissyOne

MSFT doesn't move much in either direction, though tomorrow will be interesting since everyone is expecting huge numbers from Vista. If tomorrow is a positive day for stocks and MS shows good numbers and a strong outlook...

I'm not holding my breath, but I'm sure the universe is just that malignant that it would do that to me.

Jan 23, 08 - 04:17 pm Comment from: Ampar

C1: I'll see what I can do. I wonder if Rex thinks he was original with "rotten to the core."

I am so glad that ignorance and panic put AAPL on sale today. I took the opportunity to pick up another nice chunk of shares for retirement account. I love blood in the street.

Okay, so they predicted 0.94 for the next quarter, while the street was expecting 1.07-1.09. Here's the problem with the thinking on Wall Street:

1. If in April they hit 1.09 as expected, the street would sell off, because they didn't beat the street, only meeting expectations.

2. If in April they hit 0.94 matching the lowered expectations of 0.94, they will still probably sell off, even though yoy they are still growing in double digits. Why? Because they didn't beat expectations.

My prediction: They will hit 1.07 - 1.09 beating the 0.94 estimates. The reason for lowballing the number is probably due to the fact that they could not see beating the original 1.09 that the analysts were predicting.

I don't consider myself an Apple Fanboy, but this puppy is so oversold that there is nothing left to do but set up positions for April's Shorts Bloodbath.

rickw.

I don't think Apple's CFO even looks at analyst's expectations when making his guidance. They have their own internal model, and that's that.

Apple is one saucy company.

Sometimes it seems as if money grows on Apple trees!