Apple's (AAPL) Got That Lovin' Feeling... Again
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Price: $311.43 -0.63%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
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Apple (Nasdaq: AAPL) shareholder are smiling again with the stock acting the strongest in a while. If shares closed higher today, they would be up for seven straight sessions.
Trading at $408.25, shares are near the best levels seen since the iPhone maker's shocking Q4 earnings miss on October 18th. The high since that time was $409.33. Today shares tapped $409.03. With the recent rise, shares are now just 3.3 percent below the $422.24 price before the miss and just 4.3 percent below the all-time high of $426.70.
No doubt investors are reacting to the Apple-Christmas we just experienced with iPhone 4Ss flying off the shelves.
Apple's first-quarter 2012 results (Christmas qtr) are expected around the middle of January (likely January 18, 2012).
Analyst see the company reporting EPS of $9.82 on sales of $38.15 billion. Expect these numbers to prove conservative as Apple gets back to its "beating" ways.
Trading at $408.25, shares are near the best levels seen since the iPhone maker's shocking Q4 earnings miss on October 18th. The high since that time was $409.33. Today shares tapped $409.03. With the recent rise, shares are now just 3.3 percent below the $422.24 price before the miss and just 4.3 percent below the all-time high of $426.70.
No doubt investors are reacting to the Apple-Christmas we just experienced with iPhone 4Ss flying off the shelves.
Apple's first-quarter 2012 results (Christmas qtr) are expected around the middle of January (likely January 18, 2012).
Analyst see the company reporting EPS of $9.82 on sales of $38.15 billion. Expect these numbers to prove conservative as Apple gets back to its "beating" ways.
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