Cheapest Apple shares in 12 years signals ‘Buy’ to some of world’s biggest investors

“The cheapest Apple Inc. shares in 12 years are encouraging some of the world’s biggest investors to bet that the stock will rebound after losing 33 percent of its value on concern about slowing profit growth,” Lu Wang and Leslie Picker report for Bloomberg News. “The world’s largest company by market value is trading at … Continue reading

Apple’s earnings expectations have no basis in reality

“Apple (AAPL) reported earnings last month and although record revenue and profits were seen, shares were punished, falling almost $64 in one day to settle in the $450 area they still trade in today,” Josh Arnold writes for Seeking Alpha. “So why did market participants punish Apple shares so harshly? Disappointing guidance was the culprit. … Continue reading

Greenlight’s Einhorn sues Apple, ‘dissatisfied with capital allocation strategy’

Here come the lawsuits. “Fund manager David Einhorn’s Greenlight Capital on Thursday said it has sued Apple Inc and said the company needs to do more to unlock value for shareholders,” Reuters reports. “Einhorn said Greenlight filed suit in federal court in New York to force Apple to modify a proposal on its proxy [No. … Continue reading

Forrester Report: Apple will sell $39 billion in Macs and iPads to businesses over next 2 years

“Forrester Research is reporting that Apple will sell $39 billion in Macs and iPads through 2014,” Alex Williams reports for TechCrunch. “According to the firm’s latest report, Apple will sell $7 billion worth of Macs and $11 billion in iPads to the corporate market this year,” Williams reports. “In 2014, Apple will sell $8 billion … Continue reading

One more culprit behind Apple’s sell-off

“Over the past several months, much Foolish ink has been spilled over why Apple has had such a monstrous pullback from its all-time highs set on the same day that the iPhone 5 launched,” Evan Niu writes for The Motley Fool. “Inevitably the sell-off is tied to everything from perceived iPhone 5 shortages (which are … Continue reading

Wall Street prices Apple for no growth

“Apple AAPL shareholders probably aren’t too happy with how the stock has performed over the past few months. After hitting an all time high of just over $700 per share in September it began a downward descent which continues today, most recently trading at $528.38, a decline of about 25%,” Bargain Bin Investing writes via … Continue reading

What is wrong with Apple’s stock?

“Apple stock has fallen from $705 to as low as $632 in the last two weeks, which makes it very attractive from a valuation perspective. The old adage ‘Buy Low Sell High’ applies here but it feels like when it comes to Apple, investors lose confidence in the stock when it begins to fall,” Darcy … Continue reading

Apple’s worldwide iPhone unit sales estimates by region

“In my last post, we had estimated 150-170 million global iPhone sales over the next four quarters, based on the impact of the last three iPhone launches on QoQ growth patterns,” Sameer Singh writes for Tech-Thoughts. “Now, let’s use the same methodology to reach a realistic sales estimate for the iPhone for each of Apple’s … Continue reading

Analyst: Why Apple whiffed on iPhone 5 sales

“Apple sold 5 million iPhone 5s during the first three days of sales, whiffing on analysts expectations,” Jay Yarow reports for The Business Insider. “For instance, Brian White at Topeka Capital was calling for Apple to sell 6-6.5 million iPhones,” Yarow reports. “So, how did Apple come up short?” Yarow reports, “Here’s White’s explanation: ‘We … Continue reading