Lion's AppleWatch

Lion's AppleWatch -  www.keezer.nl/applewatch/

"Attempting to analyze Apple through the general mediocrity of the industry they're part of, is just not the way to look at Apple..."

  dinsdag, 20 juli 2010

Again we strongly suggest you read this post, we believe we see this scenario playing out now.

So do we buy today? - We KNOW Apple's Q3 earnings will be great and the stock could/should jump.

OR are the forces of technical analysis, a greedy market and sh*tloads of FUD greater and will we be forced to touch AAPL's 200 MA (now at $ 222,83) before the road to new all time highs can be continued in the 2nd half of 2010...?

Today: AAPL Q3 earnings - after the bell

Apple (NASDAQ:AAPL), the maker of the iPhone and iPad, will likely see some volatility, as the company will be reporting its quarterly corporate results today after the close.

Analysts expect profit to jump on strength of the iPad and iPhone 4 sales. Analysts on average expect the company to report a profit of $3.07 per share on revenue of $14.62 billion; a year ago Apple reported a profit of $2.01 a share and revenues of $8.34 billion.

In particular Oppenheimer expects Apple to post very strong second quarter results, but worry that the wave of negative publicity surrounding the new iPhone's wireless reception will continue to pressure its shares and potentially impact sales.

The firm maintained its Outperform rating, but trimmed estimates and target to $330 from $345. Apple shares fell more than 1% in pre-market trading. 3:03:50 PM