AAPL Apple Earnings After The Close
Posted on 20. Apr, 2010 by Founder in Blog
Apple (AAPL) will report its quarterly earnings today after the close of the market’s trading day. It’s a report that everyone is patiently waiting to hear. We already know that the earnings and expectations for the iPad are going to knock their revenues out of the park – the REAL question is what will it do after? Did everyone already price in the move? Dare we all forget what happened to GOOGLE?
Apple’s share price has been setting all-time highs since March 5, and last week it came within touching distance of the crazy share price just at $250. That’s over a 220% increase in 15 months. Analysts at Trefis figure that the iPhone accounts for 51.5% and the iPad only 4.3% of Apple’s fair market value, which they estimate at about $267 a share — nearly $20 above last week’s closing price.
AAPL Apple Stock Breakout Complete
Posted on 09. Mar, 2010 by Founder in Blog
We have been watching APPL apple stock along with some other big Tech names recently as the market continues to rally higher. Notice the very clean breakout to new and fresh highs for AAPL just recently. I would expect this to consolidate sideways before heading higher over the next year.
Apple AAPL Earnings Release Today
Posted on 25. Jan, 2010 by Founder in Blog
The big earnings release on today will be Apple AAPL. The expectations are high and they are likely to deliver. But, judging from Intel, IBM and Google, AAPL stock is likely to decline after the release. We will also hear from many cyclical companies and I believe the expectations are too high to really reach even in this market of beating earnings. Still, it would actually be normal for AAPL to sell off here and re-gain some solid footing before heading higher in the next year.
AAPL – Apple Stock Price Target
Posted on 23. Dec, 2009 by Founder in Blog
AAPL – Apple – may have a new stock price target – technically speaking. Yesterday it made a major technical move and broke out of the short-term downtrend that it had been in since November. The stock also managed to closed above its 50-day moving average. From a technical standpoint, a price target of around $210 over the next couple of weeks might be realistic.
Apple – Google Fight For New Profit Centers
Posted on 11. Dec, 2009 by Founder in Blog
Apple and Google are without doubt some of the best names out there. And now it seems they gunning for the same profit centers and new businesses. Both wish to acquire some of the same Silicon Valley start-ups and developing products that put themselves in more direct competition.
Google was in serious discussions to acquire online-music company La La Media Inc. before Apple won the deal this month for $85 million, people familiar with the matter said. Apple also pursued a deal for mobile-advertising company AdMob Inc. say people familiar with the matter; Google agreed to buy the start-up in November for $750 million. This battle will keep going for a while…
Earnings Drive US Stocks Higher – AAPL, CAT, TXN
Posted on 20. Oct, 2009 by Founder in Blog
Earnings driving this market as U.S. stock index futures rise. Apple Inc’s (AAPL.O) profits and sales streaked past Wall Street forecasts. The stock jumped 6.7 percent to $202.62 in premarket trade.
U.S. machinery maker Caterpillar Inc (CAT.N) posted stronger-than-expected quarterly earnings and raised its full-year forecast. Caterpillar shares jumped 5.9 percent to $61.25 in premarket.
DuPont Co (DD.N) reported an 11 percent jump in third-quarter profit on Tuesday, topping estimates, but narrowed its earnings forecast for the year. The stock was up 2.8 percent to $35.58.
Texas Instruments Inc (TXN.N) recorded better-than-expected results on Monday, citing strong demand from the various industries that uses its chips. The shares rose 2.9 percent to $24.20 in light trading.
Drugmaker Pfizer Inc (PFE.N) said quarterly profit was up and beat estimates, while diversified U.S. manufacturer United Technologies Corp (UTX.N) reported a drop in profit, but still beat estimates. Pfizer shares gained 3 percent to $18.51, while United Tech added 0.2 percent to $65.55.
Coca-Cola Co slipped 2.2 percent to $53.60 (KO.N) premarket after the soft drink maker reported adjusted third-quarter earnings that were a penny above expectations.
Stocks Flat Into The Close Friday
Posted on 02. Oct, 2009 by Founder in Blog
U.S. stocks were little changed on Friday and on track for their second straight week of losses as disappointment over weak jobs data waned and as brokers’ positive comments lifted technology and financial companies.
Tech stocks got a boost from UBS and Morgan Stanley’s price target hike for Apple Inc (AAPL.O). Major indexes fell in early trading, hurt by a U.S. Labor Department report that showed employers cut 263,000 jobs in September, far more than the 180,000 job losses that had been expected.
“I don’t think the non-farm (payrolls) number, being what it was, was that much worse than expected,” said Michael James, senior trader at Wedbush Morgan in Los Angeles. He said previous jobs data during the week and Goldman Sachs’s downward revision for its payrolls forecast could have lowered initial expectations.
“We had a couple of positive comments on Apple today, which are certainly helping the Nasdaq,” James said. The Dow Jones industrial average .DJI edged up 4.61 points, or 0.05 percent, to 9,513.89. The Standard & Poor’s 500 Index .SPX dropped 0.98 point, or 0.10 percent, to 1,028.87. The Nasdaq Composite Index .IXIC gained 0.60 point, or 0.03 percent, to 2,058.08.
A data analysis from Reuters TV showed that since the beginning of the recession in December 2007, stocks have closed higher on average on days when the monthly jobs report is published.
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