Replies to post #7379 on Apple Inc (AAPL)

[kstar]

OT: "I think we have two very big economic problems, jobs being outsourced to other nations and cheap goods flooding in from China. The outcome of the next presedential election could very well determine our economic situation for along time to come."

Frankly, I don't see how the next elected President, whomever that may be, will have significant impact re the two "very big economic problems" you state.

IMHO, rather than problems, I think these two issues are macro economic trends based on a shift towards more free trade over the past several decades.

BTW, some of those "cheap goods flooding in from China" may be built by folks with jobs outsourced from other nations . . . and the goods may have an Apple logo on them. : )

BR,

Kurt

[KVW]

You know my opinion. I think the bears are going to get killed or they will miss out on the coming rally. It is time for the next major push up.

AAPL will have crossed $30 before the end of March. I'd even bet on $35 or higher.

I believe that Apple will post over $150M in earnings in this quarter and that will cause people to re-evaluate. Fred practically screamed at the investor conference that they could make $800M in earning on $10B in revenue. I think he is expecting $8B in revenue for this year and $10B the following year.

It isn't in the official guidance, but if you listen to the whole analyst conference, you can see how they might be thinking this way.

Call me the board's raging bull...

Kevin

[roni]

Altaire

I am looking for 25 or better by January 15.

Ron

[fmikehugo]

APPL prospects depend on execution.

On the surface there are more positive things happening at once than I can ever remember.

The product line is extraordinarily robust - PBs, G5 desktops, G5 supercomputer(s), Panther, iTunes/iPod.

The economy will be good through 2004. Bush, Greenspan, and the Republican congress will do whatever can be done to give Bush and the Republicans the best possible chance in the 2004 elections.

But in the product line there are also real quality problems with the 15 inch PB and with Panther and Firewire. IMO these have already impacted 4Q sales and earnings; I just don't know to what extent Fred has included these factors in his projections.

My prediction for the runup to earnings is 24-25 if they continue to stumble and 29-30 if they are effective and decisive in dealing with quality problems. Holding 3.5K @ 22.80. Will accumulate another 1K on dips to or below 22.70.