Showing posts with label Apple Inc.. Show all posts
Showing posts with label Apple Inc.. Show all posts

Monday, January 3, 2011

Gravity Doesn't Affect Apple (NASDAQ: AAPL)


Apple Inc. (NASDAQ: AAPL) rose over $7 in afternoon trading today, breaching the $300 billion market capitalization mark, as investors are getting pumped for the new year. The company had a solid holiday shipping season, but the new year awaits. The company is set to release earnings on January 18th. Apple itself had forecasted $4.80 in earnings per share for the most recent quarter, yet analysts have reached a consensus of $5.29. Given how incorrect the analysts have been in the past, there's no telling where Apple's earnings will stand, however Steve Jobs has a strong record of delivering excellent results.

The most recent quarter isn't just everything. Apple has lots going for it in the future. The company just revamped it's iPod lineup, with its revolutionary iPod Nano - a small touch-controlled device. Apple could bring it's top selling iPhone to Verizon this year and is expected to launch the new iPhone 5 and iPad 2. It will also be interesting to learn more about the revamped Apple TV product that the company has been selling this holiday.

To read the full Apple report click here.

Tuesday, October 12, 2010

300 reasons to Buy Apple Inc. (Nasdaq: AAPL)

New York- Apple Inc was the second largest market capitalization mover on the stock index today. Investors have determined after careful analysis that Apple is worth 2,813,764,800 (2.81 billion) more than yesterday. Andy Raw Kibbens CEO of The Markets Are Open said that with an improving economy he expects Apple to sell more in the current year. Kibbens said "I think that is what you see all of us doing [ha ha] we do it the old fashioned way you know, get a pen and paper and figure out the value."

Apple shares finished the day at $298.54 the stock now has a market capitalization of $272.74 billion despite this Kibbens recommends Apple shares. He added "Apple computers are just beginning to become popular, imagine what happens if they replace the PC?"

Saturday, October 2, 2010

Apple Inc (AAPL) What Caused The Flash Crash?

The report has finally arrived on the result of the flash crash on May 6, 2010 where the Dow Jones Industrial Average dropped nearly 1000 points in a matter of seconds. Allan Edwards CEO of The Markets Are Open said "I think it was more relevant to find the answer to this question before the Dow Jones dropped another 1400 points." Edwards is referring to the fact that if the flash crash was seen as a blip on the radar why did the Dow Jones trade under the flash crash levels for most of the summer.

He continued "I understand the flash trade was erratic trading, but the Dow Jones was under 10,000 following the flash crash for a couple of months so it is possible that normal trading caused it."

However Federal regulators concluded that it was a large traders use of a computer trading system to sell futures contracts which led to the event and this caused liquidity to dry up causing a massive sell off.

Edwards said this happened to Apple the other day where the stock plunged $16 dollars in a matter of seconds, but he noted now the stock trades near this price. He said if we look into a flash crash, there is only point looking into things that do not make sense.

If we see Wachovia crash from $10 to $2 and then rebound to $8 only go back to $2 a day later. Is there really any investigative work to be done here?

What needs to be looked at is the specific companies in the flash crash. How did it get Exelon and Accenture to drop to $0. These are the things that need to be looked at.

Friday, October 1, 2010

Apple Inc. (AAPL) Starts The Day Strong

Apple Inc is soaring in the premarket, the stock is currently up $2.05 or 0.8%. Apple is rallying after the stock has pulled back over the last week.

Currently, the market is moving higher on new optimism on personal income, which bodes well for Apple.

To read the full Apple report, click here.

Apple Inc. (Apple) designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers, and value-added resellers. In addition, the Company sells a variety of third-party Macintosh (Mac), iPhone and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and retail stores, and digital content and applications through the iTunes Store. The Company sells to consumer, small and mid-sized business (SMB), education, enterprise, government and creative customers. In December 2009, the Company acquired digital music service Lala.

Thursday, September 30, 2010

Is Apple Inc (AAPL) taking another breather?

Shares of Apple (AAPL) traded modestly lower today, pulling back after a steep run-up in the past month. Some investors are looking at the short term parabolic chart and selling their shares hoping to buy them back at lower prices. However, Apple may offer solid long term prospects as its iPad and iPhone 4 spread to new countries all across the globe.

“Not only are the analysts underestimating the strength of the iPad,” said Andy “Raw” Kibbens, co-CEO of The Markets Are Open, “But they don’t even consider new products such as Apple TV in their estimates. The new iPods are also coming out. All these can be huge for Apple.”

Kibbens increased his price target for Apple back in May to $333 per share. The stock has risen steadily since then.

To read the full Apple report, click here.

“People fret about Apple’s market capitalization,” Kibbens said, “But this innovator’s just getting started. Next stop - Exxon.”