| | | Sorry you didn't care for the story, Ryan. Gundiach is the guy that made the bearish call when AAPL was way up there. Maybe he sees a base by looking at the last 3 month's chart: As did I, but I didn't make it because I was looking at patterns. Psychology is real, but using patterns as predictors outside that is akin to magic. If AAPL rises, it won't be because of a pretty pattern; it will be because expectations of profits rise.
Seems to me that going from $40 to $44 is NOT a fall in earnings expectations. A fall from previous expectations, not a fall year over year. That said, I'd love to hear an explanation of how Apple's earnings will increase next year regardless of what they wind up being this year. How much will margins decline (if at all), and to what degree will sales rise (and why)?
Yes, I agree, $50 doesn't seem likely. Obviously a typo. |
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