Four Positive Surprises Apple (AAPL) Could Announce Tonight
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Price: $295.35 -0.09%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.3%
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Apple (Nasdaq: AAPL) gave investors a negative surprise after announcing that CEO Steve Jobs will take an indefinite medical leave of absence from the company. With earnings after the close, here are four positive surprises that the company could announce.
1. Knock-the-cover-off-the-ball earnings. Apple is expected to beat the EPS expectations of $5.38, but much of this is likely priced in. One thing that could help Apple recover today's Jobs-related losses and propel the stock to new highs is an absolute killer quarter. A number north of $6.00 would be considered blow-out and likely allow the stock to quickly make up today's losses and then some.
2. A stock split. A stock split would absolutely put Apple shareholders into an Oprah's-Favorite-Things-type of frenzy. This could quickly propel the stock past $400.
3. A significant stock repurchase. With a cash hoard of $51 billion and counting, Apple could easily announce a $10-$20 billion share buyback.
4. A dividend. With a cash hoard of $51 billion and counting, Apple could announce a special one-time dividend of $10-$20 per share or a initiate quarterly dividend with a 1-3% yield.
1. Knock-the-cover-off-the-ball earnings. Apple is expected to beat the EPS expectations of $5.38, but much of this is likely priced in. One thing that could help Apple recover today's Jobs-related losses and propel the stock to new highs is an absolute killer quarter. A number north of $6.00 would be considered blow-out and likely allow the stock to quickly make up today's losses and then some.
2. A stock split. A stock split would absolutely put Apple shareholders into an Oprah's-Favorite-Things-type of frenzy. This could quickly propel the stock past $400.
3. A significant stock repurchase. With a cash hoard of $51 billion and counting, Apple could easily announce a $10-$20 billion share buyback.
4. A dividend. With a cash hoard of $51 billion and counting, Apple could announce a special one-time dividend of $10-$20 per share or a initiate quarterly dividend with a 1-3% yield.
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