Apple is approaching $400....would you buy it before earnings? | TigerDroppings.com

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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

Apple is approaching $400....would you buy it before earnings?


with $150B in cash on hand its trading at about 6x earnings if you take that into consideration.....just WOW






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80165 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

Apple is approaching $400....would you buy it before earnings?

Too much uncertainty for me.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Apple is approaching $400....would you buy it before earnings?


I can respect that russian....their brand is just so strong though, I read somewhere it was 1st or 2nd right there with coke as far as brand recognition.I was at the apple store maybe a month ago buying a macbook, and I asked the sales lady and she said the store was busier than ever, granted that was the lincoln road location in miami.....but she said sales are higher than ever, so first quarter earnings are intriguing.....the cash on hand is what intrigues me, along with the possible tv changing the world if they do what I think they will......I just feel they have something big but dont want to announce it bc everytime they do it seems everyone else just copies their idea(see the iwatch now everyone has a watch in development)

also read they're adding one apple store around the world every 10 days, and those are utterly cash cows

$405 right now just WOW



This post was edited on 4/17 at 9:25 am


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80165 posts

re: Apple is approaching $400....would you buy it before earnings?


It's still too early to tell if Jobs' successor can keep AAPL leading the way like Jobs did.

APPL's lofty price has always been based on expected growth from innovating new products. Can the new guy continue the innovation?

Uncertain so far. Hence, too much uncertainty for me.






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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3539 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

APPL's lofty price has always been based on expected growth from innovating new products. Can the new guy continue the innovation?


THIS!

Also, didn't they report record breaking earnings last quarter? What did that get them?






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tirebiter
LSU Fan
ATL
Member since Oct 2006
5133 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

with $150B in cash on hand its trading at about 6x earnings if you take that into consideration.....just WOW


What will earnings be in 3-5 yrs? What will the android base be doing? What will other competitors be doing? Where are all the fan boys from recent years?






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homeskillet
Alabama Fan
Huntsville, AL
Member since Dec 2011
225 posts

re: Apple is approaching $400....would you buy it before earnings?


So do you think poor earnings are already priced in? I have been thinking about taking the little I am still up and moving over to vanguard funds. I don't think I will do any better as an individual investor, probably worst honestly. Felt like a genius when it was way up, but there is that reality that beating the indexes is a MF to do, even for money managers, I am a network engineer...





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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6133 posts

re: Apple is approaching $400....would you buy it before earnings?


3-5 yr I honestly think PM's are a better buy than Apple.

Having said that, load up the truck on Apple, the jinx is on






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Northwestern tiger
New Orleans Saints Fan
UT-Southwestern
Member since Oct 2005
16561 posts

re: Apple is approaching $400....would you buy it before earnings?


I bought some at 423 two days ago and will buy more today
It is a 1 report away from hitting the 500$ mark IMO






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80165 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

So do you think poor earnings are already priced in?
I always operate under the assumption that all available information is priced in.






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tirebiter
LSU Fan
ATL
Member since Oct 2006
5133 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

I always operate under the assumption that all available information is priced in.


That assumption always remains to be seen and no one knows the future, especially regarding technology rate of change and "growth" companies. It may be a great day to buy, who the f knows with certainty?? Is it safer than @ $700? Maybe.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80165 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

and no one knows the future
That's correct. No one has available information about the future.

But the past is a different story...






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C
LSU Fan
The Woodlands, TX
Member since Dec 2007
21107 posts
 Online 

re: Apple is approaching $400....would you buy it before earnings?


No, I know the future. It's going to be a great day in a week... Jk





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tirebiter
LSU Fan
ATL
Member since Oct 2006
5133 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

But the past is a different story...


Nah, otherwise adjustments would not be made frequently to then "known" data and info. We can agree to disagree. AAPL sure didn't front and center on Jobs health, either.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80165 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

Nah, otherwise adjustments would not be made frequently to then "known" data and info.






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LSU0358
LSU Fan
Member since Jan 2005
5086 posts

re: Apple is approaching $400....would you buy it before earnings?


AAPL has lost ~43% of it's value in the last 7 months while the general market has made new all time highs. This is not the sign of a healthy stock that one should like at buying and holding for a long term investment.





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LSU0358
LSU Fan
Member since Jan 2005
5086 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

too much uncertainty for me.


Exactly. This stock has a lot to prove before it should be considered a buy IMO.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Apple is approaching $400....would you buy it before earnings?


Buy Low, Sell High......catching apple here is pretty damn low

itunes= $15,000/min profit

apple's horrible 2012 4th quarter = $13B in profit and the most any company has ever brought in 1 quarter....ever.....does that sound like a suffering company?

This honestly reeks of manipulation ala gold/silver and some people are about to go long and make a ton of money. Apple has a certain je ne sais quoi about it where I would never switch brands at this point with laptops,phones, etc.....theyre products are awesome and they work so well. I've been through 3 HP,Dell computers at work in the last 2 years and my MB pro at home has been running like a gem for a few years, its amazing. Im not trying to be a fan boy, but they have good products and a decline in profit from $13B to $10B is still a damn amazing quarter haha



This post was edited on 4/17 at 1:42 pm


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Interception
Providence Fan
Member since Nov 2008
11089 posts

re: Apple is approaching $400....would you buy it before earnings?


quote:

AAPL has lost ~43% of it's value in the last 7 months while the general market has made new all time highs. This is not the sign of a healthy stock that one should like at buying and holding for a long term investment.










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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
3539 posts

re: Apple is approaching $400....would you buy it before earnings?


As stated before, I do not think it is about earnings with them. It is about innovation.





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