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re: Apple Earnings Report

Posted on 4/26/16 at 3:42 pm to
Posted by TigerDeBaiter
Member since Dec 2010
10268 posts
Posted on 4/26/16 at 3:42 pm to
Missed on top and bottom lines.

Tanking AH.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 4/26/16 at 4:09 pm to
Pretty much what everyone expected. I see it at $97 per share right now. Guidance was weak, the buyback plan is growing only as expected, and the dividend increase was minimal. I'll add shares at anything below $95.
Anyone else who doesn't own think this is a good jumping in point?

Does most people like myself feel as though you MUST have some apple? I feel like everyone owns it, and most people are overweight in their accounts with it.

I compare owning apple today to owning Coke in the 1960's and '70's. A modest investment then turned out quite well. Idk I'm still long Apple, now back to the bourbon.
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