“During the past few months, many Apple investors apparently panicked about everything from the slowing Chinese economy to smartphone market saturation to tough comparisons after Apple’s record-setting 2015 fiscal year,” Adam Levine-Weinberg writes for The Motley Fool. “The stock has been mired in a range roughly 10%-20% below its 52-week high for the past several months.”
“These fears seemed to be unfounded all along,” Levine-Weinberg writes. “However, Apple just provided one more piece of evidence that all is well at the tech giant. The company delivered strong earnings growth in the fourth quarter of its 2015 fiscal year, and projected solid growth for Q1 2016.”
“As has been the norm for the past couple of years, Apple comfortably beat both its own guidance and analysts’ expectations in Q4,” Levine-Weinberg writes. “Apple also projected that it will generate $75.5 billion-$77.5 billion in revenue during Q1. That would be up 1%-4% from $74.6 billion in Q1 2015, when sales surged nearly 30% year over year… It’s important to distinguish any individual quarter’s results from broader trends. Apple is likely to roll out another big upgrade to the iPhone — presumably the iPhone 7 — in late 2016. That should drive another wave of faster growth at Apple.”
Read more in the full article here.
MacDailyNews Take: If you could burn the faux “concern” ginned up on Wall Street over Apple, you could power the planet for at least a decade.
SEE ALSO:
Apple beats Street with record fourth quarter results – October 27, 2015
Apple’s biggest problem: Wall Street – August 6, 2015
Apple pulverizes the Street with record third quarter results – July 21, 2015
Apple pounds Street with record second quarter iPhone and Mac sales – April 27, 2015
Apple destroys Street with all-time record earnings – January 27, 2015
F*ck the naysayers. They deserve to be wrong.
True.
Also,
investor – someone with a long term focus and a desire for the company to grow and strengthen.
Speculator – someone looking for short term profits, if the company dies later who cares… Money now is the only concern.
Just saying.
I’m ready for 140+.
This proves the point that stock price has little to do with performance and a lot to do with analyst and fund manager belief systems.
… and leeching schemes.
this will be the
first Q1 with the iPad PRO
first Q1 with the Apple Watch
first Q1 with the Apple TV with apps
first Q1 with the iPhone 6S
first Q1 with Apple Music – easy gift to the whole family
first Q1 with gift cards available to Apple Pay
first Q1 with HEAVY implementation of Apple Pay at stores
And Net Income after tax in excess of $20B
The BS thing of these “financial” people is they been wrong for many years – BUT their whole “live today like it’s the last day of your life, because it could be” crapoloa – is Apple will hit a dry quarter , year whatever… and these f’in useless “financial” crapola artists will be right – and it will not matter that they’ve been wrong the last 5. 7… years. “See I told you so…” will be there BS as if they have ANY “financial” knowledge.
Apple will hit a dry spell – what company doesn’t, but the salivating of people for Apple to fail is funny, if they were not just so stupid and the stupid people that use their “advice”. They actually manipulate for their own profit. These “financial” assholes know they can short or long for fast money. And anyone that listens to them always loses their money. But… without these people who think they can play the game – they always seem to lose money. Love to watch myself.
200 billion in the bank – Apple can do ANYTHING they want too for their vision of tech. True investors go long term.
Anyone these days can train to be a naysayer. It’s a profession really not that difficult to get into plus you only need to learn one word.
“Apple investors apparently panicked about everything from . . .”
Make that Apple day traders and analysts. Apple investors were just fine.
Naysayers, pundits, tech & financial anal-ists, that use statistical manipulation for profit. 🖖😀⌚️
http://bgr.com/2015/10/27/apple-fud-statistics-manipulation/
I made the mistake of reading the comments there. Never before have I come across such a heap of anal crapola. The nutters here just can’t compete. The article must have been written by a 14yo.
Wall Street makes money on FUD. You need a loser in order to win and make money. They don’t care about company performance given their short investment time horizon
Stability is the stock trader’s enemy.
Must challenge the company and move that stock …