Why Apple Keeps Falling(dividend.com)
dividend.com
Why Apple Keeps Falling
http://www.dividend.com/blog/?p=56507
3 comments
cmd-f steve: 0 results
We've come a long way!
We've come a long way!
>Revenue also increased from the previous year, coming in at $35 billion. However, analysts expected much more for the quarter, estimating EPS of $10.35, and revenue of $37.2 billion.
So,let me get this straight:
1) Apple consistently gains more revenue and profit, and even beating it's own estimations.
2) The only ones who get it wrong are BS "analysts", with their over the top estimations.
As a crude example:
Apple earned say 10B in 2011, prdicts it will earn 15B in 2012 and ends up earning 17B.
Now, just because some idiot analysts expected earnings of 25B, Apple is somehow "failing"?
All the while, with Google and Facebook that make money with far less diversification, far less revenue, and far less profit than Apple being overvalued as hell?
Right...
So,let me get this straight:
1) Apple consistently gains more revenue and profit, and even beating it's own estimations.
2) The only ones who get it wrong are BS "analysts", with their over the top estimations.
As a crude example:
Apple earned say 10B in 2011, prdicts it will earn 15B in 2012 and ends up earning 17B.
Now, just because some idiot analysts expected earnings of 25B, Apple is somehow "failing"?
All the while, with Google and Facebook that make money with far less diversification, far less revenue, and far less profit than Apple being overvalued as hell?
Right...
The title actually says "falling", which if taken as a reference to their stock price is true over the past few months.
That said, I agree with your points and as a long-term investor, I am thinking of buying some more Apple stock right now.
That said, I agree with your points and as a long-term investor, I am thinking of buying some more Apple stock right now.
Has Amazon started releasing their tablet sales numbers, or is this a guess? It seems rather low, considering Amazon sold >1MM (confirmed by Amazon) last December.