All Posts Tagged With: "Earnings"
04 Investors Join the Dance
You know, I’ve never seen anything quite like this. Was it just me, or was the entire market hinged on the prospects of Apple guiding poorly in the after hours? And what’s up with Apple Investors? They broke the time honored tradition of lifting us up on blowout performance numbers, followed by body slamming us on conservative guidance. Apple did it’s part. What?
21Oct2008 | Zach Bass | Comments | Continued
03 Apple Earnings Strategies
Gene Munster of Piper Jaffray, a notoriously bullish Apple analyst, appeared on CNBC’s Fast Money today, he thinks Apple will report strong Q4 earnings after the close tomorrow. Munster said that the streets expectations are way too low. He cited NPD data that suggests that Apple sold approximately 11 million iPods versus the Street consensus of 10.8, and that year over year growth was 7% versus 6%.
21Oct2008 | Zach Bass | Comments | Continued
Looking Forward to Apple Earnings and Guidance
Disclosure: Cash
It’s earnings season my friends. Most of the S&P 500 will be reporting in the next 2-3 weeks, including our beloved Apple. Last night we had Bank of America (BAC) report a 68% drop in net profits and announced they will cut dividends by half! Tonight (Tuesday October 7) Alcoa (AA) reported a 52% [...]
Fed Lights Fuse Apple, Market Explode
After last night’s earnings catastrophes among Apple (AAPL), Sandisk (SNDK), Texas Instruments (TXN), American Express (AXP) and others, all seemed lost in the market. It started an after hours chain reaction, stock after stock breaking down. What would become of all the good work leading up to this point? I mean we had good market internals, Oil was [...]
22Jul2008 | Zach Bass | Comments | Continued
Apple Investors Nervous Going into Earnings
Individual investors have been conditioned by Wall Street big money to be extremely guarded going into Apple earnings calls. They have no idea what to expect. If the pattern of the last earnings calls is any indicator of what this one may portend, then they are rightfully nervous and perhaps dismayed. They are fearful that the stock [...]
20Jul2008 | Zach Bass | Comments | Continued
Apple Analysts You Don’t Know But Should
Every Apple Investor is conditioned to expect a wild ride during Apple earnings calls. Because no one knows what to expect, you can’t put any faith in analysts’ prognostications, they almost always miss, and usually to the down-side. Yet every Apple quarterly earnings conference call follows the same pattern. Apple reports great numbers, the world [...]
4Jul2008 | Zach Bass | Comments | Continued
Can Apple Double iPhone Sales Goal in 2008?
On April 23rd at Apples Q2 Earnings Conference they beat the street and provided their usual conservative guidance. They reported selling 1.7 million iPhones since the beginning of the year, putting them somewhat short of the rate they needed to meet their 10 million iPhones goal by the end of 2008. No one gave [...]
3Jun2008 | Zach Bass | Comments | Continued
Shaw Wu, AmTech’s Dr. Jekyll and Mr Hyde
Shaw Wu, an analyst with American Technology Research, has historically been one of the most bullish Apple analysts. That’s why everyone was shocked when he had a reversal of character, and cut his rating from Buy to Hold and lowered his price target just before Apple reported their Q2 earnings on April 23rd. And he [...]
5May2008 | Zach Bass | Comments | Continued
Recapping the Ecosphere Earnings Storm, Skies are Clearing
Like a hurricane, the lull before the earnings storm of Apple Ecosphere stocks masked its true intensity. Research in Motion (RIM) was well ahead of the storms leading edge, reporting pretty good numbers and upbeat guidance, it provided some wind under the sails of the tech sector, including Apple (AAPL).
About 2 weeks later the chip [...]
Apple Beats the Street, Tempers Outlook
So, what else is new? Apple reports outstanding growth, but provides conservative earnings guidance for the third-quarter. The market reacted to every word in after hours trading. The stock hit an initial high just north of 170 and then the report of lowered margins (-10%) sent it free falling just south of 155! Traders settled [...]
23Apr2008 | Zach Bass | Comments | Continued
