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


To: pyslent who wrote (165585)2/7/2014 12:10:02 PM
From: Moonray  Respond to of 213181
 
I'd say closer to 50 cents--

Seems to vary widely. The story you replied to says 20 cents for the quarter, this one: Message 29375434
said 9. Yours is 12.5. That before or after taxes? Include interest to be paid if they replace the cash with
debt? Etc.? The main thing (as I see it) is that things are moving in the right direction and this is not
insignificant. I expect Analysts to raise expectations if the March quarter comes in as planned.

o~~~ O



To: pyslent who wrote (165585)2/7/2014 1:48:10 PM
From: Moonray  Respond to of 213181
 
Apple: Street Models Reduced Share Count; How Much is Enough?

Apple ( AAPL) shares are up $9.40, or 1.8%, at $521.91, after CEO Tim Cook yesterday told The Wall Street
Journal’s Daisuke Wakabayashi that the company stepped up repurchases of its stock, buying $14 billion
in the two weeks since a sell-off in the shares prompted by the January 27th fiscal Q1 earnings report.

The stepped-up buying brings total repurchases to $40 billion, two thirds of the original of $60 billion
set forth in April of last year, which is intended to be completed by December of next year.
While the response from sell-side analysts is favorable today, there’s some disagreement over how much
further Apple needs to go, especially considering the company is closing in on its annual shareholder
meeting on February 28th, where Carl Icahn’s proposal for a greatly accelerated $50 buyback will go
before shareholders, a proposal Apple has asked holders to reject.

More at: blogs.barrons.com

o~~~ O



To: pyslent who wrote (165585)2/7/2014 3:05:25 PM
From: MGV  Read Replies (1) | Respond to of 213181
 
I'd say closer to 50 cents-- there's about $300M in interest that is now deducted from net income.
It will be what it will be but, $0.50 is conservative. If Apple grows net income 2.7% to $38 billion it would add as much as $1.03, net of lost interest income at your 2.1% yield.