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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: NAG1 who wrote (148959)	1/23/2013 6:07:55 PM
From: Trader J	Respond to of 213176

I agree Neal ... not so much about the analysts other than the fact that many still follow them. But the bloom is off the rose for sure and there now has to be a true revaluation of what Apple is now ... and in the future. I see no joy in Mudville in short order as sellers will likely outnumber buyers. Many will be moving on. But what will be left will be a very significant and valuable opportunity. When is the real question. This next quarter is my favorite for stocks like Apple because there's so much that can be announced. Going to let the dust settle, find some parity in the stock price and then get to work. There's going to be some very nice trading in the issue for those inclined.

To: NAG1 who wrote (148959)	1/23/2013 6:21:16 PM
From: Cogito	2 Recommendations Respond to of 213176

Baby is being thrown out with the bath water. For me, lots of value in Apple, especially right now. I think you are right. This could turn out to be an inflection point for Apple and Tim Cook. From now on, they won't be laboring under a set of unrealistic expectations. Now the company can go back to being a scrappy upstart. A several hundred billion dollar upstart, yes, but it's all in the attitude.

To: NAG1 who wrote (148959)	1/23/2013 6:37:00 PM
From: Keith Feral	Read Replies (1) \| Respond to of 213176

I thought Apple did a pretty good job toning down expectations last quarter with 36% GM assumptions. I think 38% is going to be the long term assumption for Apple going forward. That might cause analysts to further reduce their earnings targets for this year or next, til revenue growth begins to outweigh the negative impact from lower margins over the past couple of quarters. The 10% slide AH probably eliminates most of the price risk from the Gross Margin debate. Everyone is going to have to settle for 38% longer term, and forget about 44% margins from a year ago. It doesn't mean they can't back to those levels over time, but it will keep revenue growth from generating YOY earnings growth for a couple more quarters til they get back into the October time frame.