Glad you didn't short this. Up $15 today. Long time, I think this goes back to $700. Assuming Apple TV or growth in foreign markets. Or maybe I should sell on this pop.
Not shorting it, but I do think the stock is broken. It could have a few bounces here or there, but this year is going to be very difficult for growth. YOY I don't see EPS increasing. Check out the current EPS estimates for each quarter and what they did in 2012. All much lower. A few area's of concern. Margins - Will $VZ and $T cut back on subsidiaries with all the new competition? No new technology for the iPhone. iPhone is huge % of overall sales. People typically hold for 2 years or longer until buying a new one. Is it worth the upgrade? I own 2 iPads and iPhone and have no plans to buy another Apple device anytime soon. Last 2 years everyone wanted to buy as much as Apple as they could. I see Samsung as a big competitor and it'll be interesting to see the next Apple report for sure.
Glad you didn't short this. Up $15 today. Long time, I think this goes back to $700. Assuming Apple TV or growth in foreign markets. Or maybe I should sell on this pop.
ReplyDeleteNot shorting it, but I do think the stock is broken. It could have a few bounces here or there, but this year is going to be very difficult for growth. YOY I don't see EPS increasing. Check out the current EPS estimates for each quarter and what they did in 2012. All much lower. A few area's of concern. Margins - Will $VZ and $T cut back on subsidiaries with all the new competition? No new technology for the iPhone. iPhone is huge % of overall sales. People typically hold for 2 years or longer until buying a new one. Is it worth the upgrade? I own 2 iPads and iPhone and have no plans to buy another Apple device anytime soon. Last 2 years everyone wanted to buy as much as Apple as they could. I see Samsung as a big competitor and it'll be interesting to see the next Apple report for sure.
ReplyDelete