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Apple Reports First Quarter Results

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Re: Apple Reports First Quarter Results

#15

Very limited growth. Profits are flat. No wonder the stock is down 6%. Apple needs to find more competitive means in both phones and tablets - their market share will continue to erode. They are priced as a growth stock, but they are not growing.

They're not priced as a growth stock. P/E is about 13, and that's including their huge pile of cash. Average P/E for the S&P is 19.

Re: Apple Reports First Quarter Results

#18
post #4

Apple after hours are down 6%. Analyst do not like the short term stock growth prospects.

Analysts were all totally bullish - http://www.washingtonpost.com/business/technology/apple-shar... and http://appleinsider.com/articles/14/01/27/earnings-preview-w... and any result older than the last hour for 'Apple earnings' on Google.

The iPhone numbers missed expectation, and as Apple's main product it didn't look good. http://www.businessinsider.com/apple-q1-earnings-2014-1

EPS, Mac and iPad all did well.

Re: Apple Reports First Quarter Results

#20
post #8
post #3

Earlier quoted context omitted.

Less than expected: http://www.businessinsider.com/apple-q1-earnings-2014-1

We'll undoubtedly see some sort of fall for samsung. Apple is releasing larger screen iPhones, android competitors in every market are becoming more aggressive , etc.

Kinda ironic if apple does increase sales with bigger screen, because it means apple is a follower, not a leader.
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