Apple has numerous growth indicators, ignore the crowd

“Despite market opinion, Apple should continue to experience revenue and earnings growth over the next year,” Romano Bastianpillai writes for Seeking Alpha.

“Many analysts have denigrated Apple’s revenue growth prospects by emphasizing short-term experience, sometimes citing sequential growth as a basis for assessing financial health,” Bastianpillai writes. “Over the last year, currency headwinds have significantly impacted Apple sales and demand… This heavily distorts financial analyses that are based on the prior 12 months experience.”

“It is really important to look at a broader experience period to mitigate the impact of this distortion and allow for a truer financial assessment,” Bastianpillai writes. “There are many strong indicators of Apple Revenue and Earnings growth over the next year. Importantly, it is likely that Apple will announce an all-time revenue and earnings record for the next quarter. This is supported by Apple’s guidance, robust cash flow and growth drivers such as reintroduction of carrier subsidies and incremental LTE adoption in China. Achieving an all-time record should materially drive the stock price. A 12 month target of $130 is reasonable which should result in an approximate 15% annual return after accounting for dividends.”

Much more in the full article here.

MacDailyNews Take: Where some see lemons, others see lemonade.

Apple doomsayers should look at the facts – October 31, 2016
Apple beats Street, services revenue grows 24% to all-time quarterly record of $6.3 billion – October 25, 2016


  1. As anyone with perspective on the last couple decade of business, economics and finance knows:
    Short-Term Thinking = Long-Term Disaster
    Anyone in business who hasn’t figured that out by this point is willfully ignorant if not self-destructive.

    However, it’s entirely suitable to consider Apple’s past full year of performance. Then balance that against the up and down meandering of the past year of economics as well as *gag* politics. Being a bear about it all is valid.

    Meanwhile, Apple remains incredibly strong, on top of the heap despite the slightly more than usual internal blundering and distractions. I don’t see any other company overtaking them or grabbing the markets where they dominate. I do see the need for Apple to ‘breathe’ as I call it, meaning that it’s time to toss out the bad air, aka bad ideas and bad employees, and bring in some fresh new air. I hope they get to it in a hurry and get back to leading edge innovation as their prime motivation and product.

    So much for my sideline observations.

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