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

To: Moonray who wrote (149063)	1/24/2013 11:16:42 AM
From: almaxel	Read Replies (1) \| Respond to of 213172

Apple’s results aren’t the total disaster implied by the market meltdown

To: Moonray who wrote (149063)	1/24/2013 11:48:42 AM
From: Keith Feral	Respond to of 213172

He might also be the most full of shit! I have to really wonder about the objectivity of an analyst that maintained such a high price target for Apple. Over time, I think Apple will get back to $600 or even $650 with a little bit of patience. I think that Apple will be more deserving of $600 or $650 next time around too. By then, their revenue growth should be generating positive earnings growth again. It will just take a couple of quarters for people to get used to this 38% margin benchmark which snuffed out earnings growth the past 2 quarters, and next quarter won't be much different, except that people are now conditioned to the lower margins. Beyond the next quarter, though, I do expect to see margins begin to improve as the costs from all the new product transitions are behind them. Apple should be one of the better performing stocks over the next quarter, as is usual for this time of year. Apple tends to underperform from September through January, but this year has been exceptional given some of the unrealistic expectations back in September that were shattered when the company guided towards 36% gross margins.