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re: Predict AAPL's closing price for Wed., April 24...

Posted on 4/23/13 at 3:42 pm to
Posted by OnTheBrink
TN
Member since Mar 2012
5428 posts
Posted on 4/23/13 at 3:42 pm to
quote:

The lower margins may hurt a bit but as less revenue was from devices than in the past maybe not...


I know, it will be interestng when they resume... Good earnings, as expected, but same thing can be said at the end of last year...

I have no money on the line and I am nervous...
Posted by OnTheBrink
TN
Member since Mar 2012
5428 posts
Posted on 4/23/13 at 3:44 pm to
quote:

SAN FRANCISCO (MarketWatch) - Apple Inc. reported an 18% drop in earnings for its second fiscal quarter on Tuesday afternoon, though the results came in slightly ahead of Wall Street's estimates. For the period ended March 30, Apple reported net income of $9.5 billion, or $10.09 per share, compared to net income of $11.6 billion, or $12.30 per share, for the same period last year. Revenue grew 11% to $43.6 billion. Analysts were expecting earnings of $9.97 per share on revenue of $42.3 billion, according to FactSet. Apple's gross margin for the quarter was 37.5% - at the low end of the company's forecasted range from January. Apple's shares were halted in after-hours trades, as the company also announced a raised dividend and share buyback plan.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/23/13 at 3:45 pm to
and down she goes im seeing 403.22 after hours on etrade....
Posted by OnTheBrink
TN
Member since Mar 2012
5428 posts
Posted on 4/23/13 at 3:47 pm to
quote:

im seeing 403.22 after hours on etrade....


That's where it was halted at...

Someone said $420 was on the bid side right now...
Posted by OnTheBrink
TN
Member since Mar 2012
5428 posts
Posted on 4/23/13 at 3:50 pm to
UP BIG EARLY... $425 or so...
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43586 posts
Posted on 4/23/13 at 3:53 pm to
Keep on going bitches!

Just got a bloomberg update saying Apple boosts buyback by 50 bill and shares have already risen 4.9% since trading resumed.
This post was edited on 4/23/13 at 3:55 pm
Posted by C
Houston
Member since Dec 2007
28263 posts
Posted on 4/23/13 at 3:58 pm to


This post was edited on 4/23/13 at 4:04 pm
Posted by OnTheBrink
TN
Member since Mar 2012
5428 posts
Posted on 4/23/13 at 3:58 pm to
Posted by LSURussian
Member since Feb 2005
135058 posts
Posted on 4/23/13 at 3:59 pm to
Posted by Lsut81
Member since Jun 2005
85299 posts
Posted on 4/23/13 at 4:03 pm to
I'm more looking forward to Boeing's announcements tomorrow... I actually have skin in that game.
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43586 posts
Posted on 4/23/13 at 4:07 pm to
As APPL has kept falling, I have continued to price down to the point that I feel a little over allocated. I wouldn't mind some good news in this one.
Posted by rickgrimes
Member since Jan 2011
4340 posts
Posted on 4/23/13 at 4:53 pm to
quote:

During Apple's Q2 investor call, CEO Tim Cook teased "the potential of exciting new product categories," and suggested that the company will announce new products in the fall. "We've got a lot more surprises in the works," Cook said. "Our teams are hard at work on some amazing new hardware, software, and services that we can't wait to introduce in the fall and into 2014. We remain very confident in our product plan." Cook said that there will be "really great stuff coming in the fall and across all of 2013."

Apple's CEO wouldn't name specifics, but if earlier reports pan out, one of those surprises could be a wristwatch running iOS. The comments came following Apple's promising second quarter report in which the company posted a profit of $9.5b on revenues of $43.6b — right in-line with Apple's expectations from last quarter. "Decline in Apple's stock price over the last couple quarters had been very frustrating to all of us, but Apple remains strong," Cook said. "The most important objective at Apple will always be creating the most innovative products."

Tim Cook teases 'exciting new product category' and 'more surprises' in the fall
Posted by Captain Ron
Location: Ted's
Member since Dec 2012
4340 posts
Posted on 4/23/13 at 5:20 pm to
It's already back below it's close for the day, which I expected.

A few years ago, it did the same thing, but actually beat earnings and increased on the previous year's 2nd quarter revenue. It popped about $15-$20 dollars in after hours and then settled until the end of the summer before starting its rise from $350 to $700.

The only difference is the buy-back offer. It's a wildcard.
This post was edited on 4/23/13 at 5:21 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139618 posts
Posted on 4/23/13 at 5:33 pm to
$425.55
Posted by LSURussian
Member since Feb 2005
135058 posts
Posted on 4/23/13 at 5:53 pm to
quote:

$425.55
Don't you mean $405.55?
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 4/23/13 at 5:59 pm to
quote:

I am in negotiations with Russian to see if I can borrow one of his Free Memberships for a prize!


Is this a free Membership to NaughtySiberianWhores.com?
Posted by Lsut81
Member since Jun 2005
85299 posts
Posted on 4/23/13 at 5:59 pm to
quote:

Don't you mean $405.55?


I see 404.65 right now
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139618 posts
Posted on 4/23/13 at 6:34 pm to
quote:

Don't you mean $405.55?
Nah, we're in at 405 and 420. I want to make some money.
Posted by C
Houston
Member since Dec 2007
28263 posts
Posted on 4/23/13 at 6:37 pm to

"I can make $100 turn into.... ONE THOUSAND PENNIES!!!"
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 4/23/13 at 7:09 pm to
i saw after hours hit $428 earlier, but now my phone shows $404.....where is it opening tomorrow?
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