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Ms. Roni has a wee bit of that goog in her IRA.
gold miners and physical gold doing all right also.
BQI has been on a tear - up 40% since I bought it on Oct. 10.
Can't complain about the year. Main themes are still AAPL and precious metals. I am thinking the themes have some legs into 2009.
We'll see. I am near my core AAPL now - just holding a wee bit of Jan 180 calls at this time in addition to the core shares. 40% cash and waiting for bargain days.
coreguy - still doing a lot better than the NASDAQ. eom
Anyone else really pleased with AAPL's strength today? EOM
OT: Don't look now but.............
Gold is almost $800 an ounce on the spot market
hehehehehehe
$25 iTunes gift card with Nano purchase
At WalMart this week, according to a post on another forum that was confirmed in another post by a fellow who has long asserted that he works there.
Can anyone second that confirmation?
WWZS?
What would Zanny say? :)
At IAH for a bit longer. Using iPhone keyboard.
Heading home. Have relied on iPhone for past 7 days. Has worked beyond expectations
a
As I sit here in the Houston airport I am god that,despite having sold a bunch of call yesterday, the PF is still 10% Jan 170's. Ya'll may disabuse yorselves of amy notion that I hqv any special skills on AAPL
I have enjoyed the iPhone this week but it will ne good to get back to the iMac tonight
Ain't this making money a whole lot fun?
Still on the unplanned trip to the Midwest, heading back towards the Pacific Ocean tomorrow.
Sold all Jan 130's this morning and half of the Jan 170's. Made a ton of money, but since the run after earnings AAPL has pretty much been moving with the Naz, so I decided to take bunches of profits and reduce exposure. Still holding core shares and a small number of Jan 170's.
Ron
Urgent trip to Midwest. iPhone only net access. Pleased with wifi performance at airports and on the road. Pleased with PF performance as well.
Did you see the price of gold today? Cool Beans
Investment bank Piper Jaffray on Thursday maintained its extremely bullish outlook Apple Inc., raising its price target on shares of the company once again to $250 from $222, saying it remains confident in predictions that iPhone sales will increase to 45 million a year by calendar year 2009.
"We have constructed a model that we believe reflects the impact of iPhone booked revenue and AT&T revenue share in the coming years," analyst Gene Munster wrote in a note to client investors. "Based on this model, we continue to believe that the iPhone and the revenue share agreement will be more impactful in '09 and beyond than currently factored into consensus thinking."
http://www.appleinsider.com/articles/07/10/25/piper_jaffray_ups_apple_target_to_250_sees_sales_of_45m_iphones_in_09.html
2.5 million Macs
That would be about 1.56 times the number (about 1.6 million) sold in Q1 2007.
It would certainly signify accelerating growth, wouldn't it? :)
It wasn't an 10.75% day like yesterday was
for my portfolio, but ended up barely in the green, overall.
Timing didn't suck on the Jan 170's - bought them not at the LOD, but at 22.30. Not complaint here.
Be wary though, here is a link to a Richard Russell column on the possibility of a bear market signal.
http://www.gold-eagle.com/gold_digest_05/russell102207.html
verylong4MCCY: "Where are you thinking the retrace following earnings will fall to as a possible bottom before accelerating again?"
I don't not know. I'm not go to guess.
I buy when I buy and I hope my timing didn't suck.
Treated this morning as a buying opp and added
to Jan 170 position
Apple No. 2 behind Dell in student PC survey
SurveyU.com recently surveyed one thousand students about which computer they relied on for their schoolwork. According to the survey, Dell is the most popular, with Apple coming in second, but the results show that Apple is poised to take first place.
With 23 percent of the vote, Apple is ten points behind Dell, but maintains a seven point lead on the next runner-up, Hewlett-Packard, even when taking into account the PC manufacturer's daughter companies -- Compaq and VooDoo.
Apple has a large lead, however, in the other polled statistics, with 44 percent of students saying their next machine would be an Apple, and more than 80 percent of Apple users bought their computers through the company's student program.
Dell took second place in those particular categories, with only 21 percent saying that they would subsequently by a Dell and 30 percent saying their purchased their computer through the student discount program. respectively.
from MacNN
Does that list mean that Munster
Will go higher than $243 soon? :)
Truly a graph of beauty!! Thanks Blue. EOM
Target prices.
$181 had been my target price, based on what a TA dude over on SI who is also an AAPL shareholder does.
He said the gap this morning looked like a continuation gap, and if so his new target is $218 or thereabouts. I think AAPL could fairly easily hit $200 before Jan earnings. Only real issue for me are the options I am holding. I will likely roll them up and out before the end of the year.
The shares are core. They stay pretty much regardless.
Thing is, 2008 could be as good or better than 2009. The Macintosh acceleration, if that is what it is, is in the early stages, I suspect.
What do you'se think?
Your prickly posts bring it out in me *grin*. You write, sometimes, as though you know all and own the universe and know what is best for whatever business you are writing of, and that pisses me off sometimes. It is an attitude that is not very attractive. Write me off if you want to, but you may want to take the criticism under advisement and examine yourself.
lango: <Excellent and to be applauded by those interested only in the near-term performance of AAPL.>
You forgot to add "in my opinion". Surely you are aware that there are others who have opinions different than yours.
There, I did it for you.
You're very welcome.
I think Apple's guidance was the usual conservative stuff
Guiding to 1.41 is only 24% earnings growth YOY.
New Analyst Targets
New Analyst Targets ....
New Analyst Targets ....
Bear Stearns $199 to $243
Citi Group $185 $215
Goldman $190 $205
Broadpoint $170 $210
Caris $175 $200
From Bloomberg article
``They're really in the sweet spot in terms of customer acceptance of their products,'' said Romeo Dator, who helps manage $5.3 billion in assets, including Apple shares, at San Antonio-based U.S. Global Investors Inc. ``People are flocking to their products.''
and later in the article
``This is a company you want to own because of the momentum they have and the product cycles they have,'' said Andy Hargreaves, an analyst with Pacific Crest Securities in Portland, Oregon. He rates the shares ``outperform'' and owns them personally. ``Don't sell it until it breaks.''
http://www.bloomberg.com/apps/news?pid=20601204&sid=at9XBTL26wc8&refer=technology
This from an AP story that a friend picked up at the NY Times site
The iPhone ''is a game-changing product,'' said Stephen Coleman, chief investment officer at Daedalus Capital LLC.
Based on income from the iPhone alone, he said, ''I expect Apple's earnings to continually grow materially at 50 percent a year, for the next three years.''
For its fiscal fourth quarter, Apple said it earned $904 million, or $1.01 per share, compared with $542 million, or 62 cents per share, in the year-ago quarter.
Apple easily beat the expectations of analysts polled by Thomson Financial, who predicted earnings per share of 86 cents on sales of $6.07 billion.
Revenue totaled $6.22 billion, compared with $4.84 billion in the same quarter last year.
Apple's stock price, which has more than doubled since January, rose $3.94, or 2.3 percent, to close Monday at $174.36. After the earnings report, shares climbed $11.99, or 6.9 percent, in extended trading.
Apple reiterated Monday its previous target of selling 10 million iPhones in 2008, helped by the launch of the iPhone in Europe next month, then in Asia next year.
For the current quarter, Apple said it expects earnings of about $1.42 per share on revenue of about $9.2 billion. Analysts on average had been expecting earnings of $1.39 per share on sales of $8.58 billion.
''We're looking forward to a strong December quarter as we enter the holiday season with Apple's best products ever,'' said Steve Jobs, Apple's CEO.
KastelCo I was in Victoria last week. Had a nice curry buffet at the Bengal Lounge - in the Empress, some good pub food and a week of meetings.
I bought back when AAPL dipped a ways back. Entered the day 47%, AAPL - 2/3rds of that Jan 130's and 170's.
Been aggressive this year, for sure. So far so good. Got some GDX Jan 45's. Hope gold recovers soon.
Did I mention something
To you boys and girls about buying some AAPL back a few months ago.
Did SOB kinda poke fun at the notion?
Did AAPL go up about a little bit after its earnings report today?
I thought so.
love
Ron
I think a live Leopard
Could chase away hangovers. Do you reckon there are any unknown blockbuster features in Leopard? No clue here, but I suspect not.
Talk about knocking the cover off the ball.
The gains in Jan calls I hold will more than make up for the insurance puts - assuming they go to zero in the morning :).
I am extremely pleased. I went into the day 47% AAPL in our self-managed accounts ~ 2/3rds of that in Jan 130 and 170 calls. Will be interesting to see what the change in that is tomorrow.
What's the 'whisper number', 1.02?
That is higher than any I have seen bandied about the apple webs.
Anyone else nervous? *grin*
I am going to go for a walk and decide if I want to trim my Apple holdings a little bit here.
Twas the night before earnings
and all through the house....
someone write the next couple of lines
We need a collaborative effort here.
I am going to buy Leopard within a couple of weeks of release, after watching the sites to see if here are problems reported with G5 iMacs and Leopard.
I have been saving my $100 iPhone store credit to pay for most of it.
I have no plans to install it on the old iLamp.
In honor of WmZ"
Tuesday is TPEE
Tuesday post expiry - and this time earnings.
Long live WmZ
quack quack wants more.
9:14 AAPL Apple iPhone is AT&T's top-selling handset, according to analyst - The Register(173.50 ) -Update-
The Register reports according to mkt watcher Strategy Analytics, the Apple handset has become AT&T's top-selling phone, accounting for 13% of the carrier's device sales. SA also claimed the iPhone was the fourth best-selling mobile phone in the US during Q3, having been bought by almost 1.1 mln Americans. That figure - if correct; it's only preliminary data at this stage - takes the total iPhone userbase to 1.325 mln, the analyst reckons. On the basis of sales to date, Barry Gilbert, VP of Strategy Analytics' BuyerTRAX programmes, forecast the device could top the charts in the near future. "The sales trajectory we are observing with the iPhone could make it the top selling device in the US over the next one or two quarters," he said.
``This party is just getting started,' said Stephen Coleman, chief investment officer at St. Louis-based Daedalus Capital, which began buying Apple shares in 2004 and owns about $4 million worth. ``My clients smile a lot. So do I.'
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ag7k_EvqtiN8
AAPL oevalued
Possible, I suppose, but I tend to think its potential earnings are underestimated.
All will be revealed on the future.
Google still a one trick pony
Google’s (GOOG) third quarter earnings — $1.07 billion, up 45% over 2006 — handily beat analysts’ expectations today, but the company once again failed to convince skeptics that it is capable of being anything more than the world’s most popular search engine.
“Looking back at the quarter, it’s obvious our model works very well,” Google chief executive Eric Schmidt told analysts. But that model doesn’t seem to change, despite vigorous efforts to expand into non-search businesses such as online office applications and mobile services and to move its lucrative advertising model into television, print and radio.
“Eric Schmidt told us about a year ago his goal is to build a $100 billion company,” says Bear Stearns analyst Robert Peck. “You just can’t get there with online ad revenues alone.”
There’s no disputing Google’s dominance in search. In the U.S., more than 5.3 billion searches were conducted across Google sites last month alone, representing 57 percent of the domestic search market, according to comScore. The problem is that today, nearly 99 percent of the search giant’s revenues come from online ads. That may have to change if Google is to continue to justify the premium its shares currently enjoy. The stock closed at a record $639 a share, up nearly 1 percent for the day, and climbed another 2.68 points in after hours trading.
Speaking to analysts earlier this week, Schmidt said Google is “building deeper ad solutions.”
To that end, the company launched a new ad platform that puts a text overlay in the bottom 20 percent of a video box. There were fears that users would resent the intrusion, but according to the company, “initial user response and feedback have been positive.”
But Google has yet to figure out how to make real money in online video – one of two ad platforms the company says it is most interested in pursuing. Television is the other major focus for Google. The company is now in trials with EchoStar and Astound Cable to bring its auction-style advertising model to TV.
Many analysts worry, however, that this technology company run by three technologists doesn’t have the media and old-school advertising savvy necessary to get much traction in Hollywood or Madison Avenue.
“If they expand into these markets they’ve got to realize they’re stepping into areas where there are very large, powerful incumbents,” says Peck. “They can gang up on you.”
That’s already starting to happen in mobile communications, where AT&T (T) and Verizon Wireless (VZ) have complained loudly about Google’s efforts to snap up some of the last remaining slices of spectrum available for cellphone use.
To compete in display ads — where Google trails behind rival Yahoo (YHOO) – the company was banking on its acquisition of advertising pioneer DoubleClick. But that deal is now tied up in antitrust hearings.
Google is also pressing its advantage in web-based email, online office applications and a online payment system called Checkout similar to PayPal, but none of these efforts are generating much revenue.
“I think that all of Google’s new products have been much less impressive than the original product,” says Laura Martin, an analyst with Soleil – Media Metrics. “To me, they’re still a single product company because they’ve yet to prove monetization of their non-search products.”
No one is saying that Google can’t succeed with its non-search products, just that it hasn’t done so yet.
“We could likely be into 2009 before these businesses will be tangible enough to start monitoring very closely,” says Peck, the Bear Stearns analyst.
Meanwhile, ad-supported search is still paying a handsome dividend for Google and continues to grow at a dizzying pace, with no signs of slowing down anytime soon.
“Google is something of a ‘one-trick-pony’ in its current form,” writes Cantor Fitzgerald analyst Derek Brown. “But what an absolutely extraordinary trick it has proven to be.”
http://techland.blogs.fortune.cnn.com/2007/10/18/google-still-a-one-trick-pony/?source=yahoo_quote
I do not know what the smart money is doing, but I have decided to hold all my Apples and Golds for now. I expect there will be some volatility and I will ride it out, maybe :). I may add to puts between now and the close on Monday
from appleinsider
US-based Mac shipments during the quarter [ending Sept] total 1,338,000
How many international based on historic split of US to international Mac sales
Coffee in Victoria - I am thinking Friday morning around 9:00 real close to the Coho Ferry dock. That is about the time I will be putting our van in the line for the 10:30 departure.