http://finance.yahoo.com/news/apple-iphone-sales-weaker-expected-220130131.html http://www.reuters.com/article/us-apple-results-idUSKCN0V42P9 http://finance.yahoo.com/news/setting-iphone-record-apple-forecasts-214631027.html http://finance.yahoo.com/news/apple-ceo-tim-cook-were-222946752.html http://finance.yahoo.com/video/apples-iphone-sales-miss-investors-030607910.html http://www.marketwatch.com/story/heres-why-the-news-about-apple-is-so-bad-2016-01-26 http://finance.yahoo.com/echarts?s=AAPL+Interactive#{"range":"5y","allowChartStacking":true} Trade: with AAPL at 100.00 Jul 125/130 bear call spread for a net credit of $35 Yield = 35/465 = 7.5% in 170 days or 16% annualized Prob = 83% Expectation = .83(35) - .14(465) - .03(233) = 29.0 - 65.1 - 7 = -43.1 Price................ Profit / Loss........... ROM % 74.99...................... 35.00................. 7.50% 90.00...................... 35.00................. 7.50% 110.00.................... 35.00................. 7.50% 125.00.................... 35.00................. 7.50% 125.35...................... 0.00................. 0.00% 127.14................. (179.30).............. -35.86% 130.00................. (465.00).............. -92.50% 150.00................. (465.00).............. -92.50% 160.00................. (465.00).............. -92.50%
Here are the numbers from Apple versus analyst expectations: Q1 EPS: $3.28 versus expectations of $3.23 Q1 revenue: $75.9 versus expectations of $76.6 billion Gross margin: 40.1% versus expectations of 39.9% iPhone unit sales: 74.8 versus expectations of 75 million iPhone ASP: $690 versus expectations of $674 iPad unit sales: 16.12 million versus expectations of 17.3 million Mac unit sales: 5.31 versus expectations of 5.8 million Q2 revenue guidance: $50-$53 billion versus expectations of $55.7 billion
biggest profit in a quarter for any company in difficult macro conditions but the focus will be on the negatives! Holding long
These folks that are selling today are unreasonable, what is the point? The $100 price already included "bad" earnings, why to sell it "again"? I just don't understand.
I am surprised to see the gap down in AAPL today. I agree with Fletcher... the 'disappointment' was already in the price. On the other hand I don't see AAPL as a 'bargain' either. Where are they going from here??? http://stockcharts.com/h-sc/ui?s=aapl
Where are they going from here?? I predicted AAPL going to 35-40 range way back in August 2015. SPY going to 160 pretty soon. http://www.elitetrader.com/et/index.php?threads/aapl-is-going-down-to-35-40-range.293843/
"where are they going from here?" I'm not the only one asking that question: http://finance.yahoo.com/news/apples-iphone-slumping-whats-next-215428646--finance.html http://finance.yahoo.com/news/3-reasons-why-apple-aapl-212409203.html