Comments on: Citigroup initiates AAPL coverage with ‘Buy’ rating

By: Mr. Peabody

Mr. Peabody — Mon, 26 Nov 2012 22:45:54 +0000

They’re operating in a solid, predictable and fiscally conservative fashion as they always did under the watchful eye of SJ. There is no good reason why the experts can’t find more optimism in aapl. No logical one anyway.

In the middle 90s I remember watching the most stupid documentary I’ve ever seen in my life, based in the premise that, building a better product does not always mean you’ll win or sell more product. Guess who the examples were in that doc.? Yup, MS was the example of a winner, and Apple was the example of the better product [i.e. the loser].

The feeling I’m getting lately is that, after all the market experts (who, in the previous decade, could never ever find even one good thing to say about Apple) watch and profit, through no wisdom of their own, as aapl shoots for the moon, they now want to return to business as usual and prove that a well run, financially solid [way more solid than most banks by now], acutely profitable and product/profit oriented, can’t win by any standard definition of an above average, well run corporation.

A completely different way of saying the same things might be: Apple doesn’t take stupid risks, either as a manufacturer or as corporation, and I think that chaps Wall Street’s ass.

By: BMWTwisty

BMWTwisty — Mon, 26 Nov 2012 16:02:37 +0000

Citigroup’s Richard Gardner as of April 25 had a Buy rating and a $720 target

By: Laughing_Boy48

Laughing_Boy48 — Mon, 26 Nov 2012 15:38:52 +0000

I really can’t take it. They’re calling for Apple’s share price to be where it was in April of this year despite Apple earning more money which means that Apple’s P/E will be squeezed even more than it was. Meanwhile Amazon is losing money and the current share price is well above its April share price and the P/E has simply exploded. I’m not exactly sure what Apple is doing wrong but whatever it is, they surely need to do something about it. Obviously, Apple merely earning more money doesn’t seem to be a clear-cut solution for Apple shareholders.

By: qka

qka — Mon, 26 Nov 2012 15:30:34 +0000

So Citigroup wasn’t already tracking AAPL, only the largest public company on the planet?

Tell me you’re kidding, right?