By Christopher Versace, Contributor
Apple reports its June quarter results after the market close tonight and Wall Street is looking for the company to deliver earnings of $7.31 per share on revenues of $35.09 billion. That consensus expectation is derived from the 48 or so analysts that follow Apple shares. Now, as I tell subscribers to my investment newsletter PowerTrend Profits, context is key. …read more
Source: FULL ARTICLE at Forbes Latest
Apple is set to announce its Q3 FY 2013 earnings after the markets close on July 23. The company has seen its shares decline by almost 30% in the past year on the back of slowing demand for the iPhone as well as gross margin concerns. Rising competition from other manufacturers such as Samsungalong with fears that the high-end smartphone market is nearing saturation have …read more
Source: FULL ARTICLE at Forbes Latest
By Jonathan Salem Baskin, Contributor
Apple is rumored to be working on a deal with cable companies to pay them for letting viewers opt-out of watching commercials. While I’ve said for a while now that reports of its death were greatly exaggerated, such a set-top box would all but kill advertising as we know it. …read more
Source: FULL ARTICLE at Forbes Latest
Apple is taking a pounding. The bubble has burst.
From: http://www.forbes.com/sites/investor/2013/04/18/three-apple-charts-you-need-to-see-now/
Apple is in the news for losing its rank for a time on Wednesday as the most valuable publicly-traded U.S. stock. And now Henry Blodget — who first became famous for the gap between his bullish reports on tech stocks and his bearish emails about them — is touting seven reasons why Apple is a buy.
From: http://www.forbes.com/sites/petercohan/2013/04/18/7-reasons-apple-is-more-doomed-than-you-think/
By Chuck Jones, Contributor Apple will announce its March quarter results after the close of the market on Tuesday, April 23. As always this quarter is very important due to: Apple changing its guidance from a single data point to a range of numbers for revenue, gross margin and operating expenses Will the numbers be inside the ranges provided? Will they beat some of the guided numbers? Will they fall short as some analysts are predicting? iPhone results How much did competition impact sales, especially Samsung’s Galaxy S4? China started sales of the iPhone 5 in December vs. March 2012 for the iPhone 4S. This will impact the ability to project how many iPhones were sold in the March quarter. iPad results The iPad Mini was a strong seller in the December quarter. How much did its sales fall off in the March quarter. How strong are iPad sales to consumers and how much traction is it seeing in business environments? Mac results The new iMacs were constrained through the quarter (now at 24 hour availability in the US). How much did this impact sales? Gross Margin Guidance is for 37.5% to 38.5%. This compares to 38.6% in the December quarter and 47.4% a year ago (the highest it has ever been). Will Apple start to reap some of the benefits of lower manufacturing and shipping costs for the new products that were available in the December quarter? Below is a table of Apple’s guidance, sell-side Street analyst estimates and my estimates. Estimates Guidance Street C. Jones Revenue ($ bil) $41 – $43 $42.8 $42.5 Gross margin 37.5% – 38.5% 37.8% EPS $9.24 – $10.24 $10.15 $9.90 The shares are trading at about 10x my calendar 2013 EPS estimate of $44 which is very reasonable when you also take into account that the company will have about $100 per share in excess cash at the end of the year (this takes into account paying US taxes if the cash was brought back to the US and $20 billion was set aside). However EPS would be flat from calendar 2012’s $44.10 so until the company can start to show growth in earnings the PE multiple will probably be depressed. …read more
Source: FULL ARTICLE at Forbes Latest
By Haydn Shaughnessy, Contributor
Apple has decided to apologize to China‘s growing consumer class following criticism of its after-sales policy in what is its fastest growing, and second largest, market. So what does the apology mean? …read more
Source: FULL ARTICLE at Forbes Latest
By Forrester Research, Contributor
Apple’s acquisition of WiFiSLAM made a few headlines earlier this week, but it’s been largely been ignored by the popular press. Just a small start-up acquisition, right? Wrong. Apple’s acquisition of WiFiSLAM is a game changer in two ways. First, it fills a critical gap in Apple’s location and mapping offering, better positioning it to take on Google and Nokia’s extensive indoor location offerings. And, as I wrote last fall, Apple’s focus on maps and location is part of a larger strategic battle taking place. …read more
Source: FULL ARTICLE at Forbes Latest
By Louis Bedigian, Contributor
Apple’s fifth-generation iPad is expected to go into production this summer. …read more
Source: FULL ARTICLE at Forbes Latest
Apple has seen increased success in India and is looking to significantly expand its presence in the country. The Economic Times, a daily Indian newspaper, is reporting that Apple plans to triple its exclusive stores (Apple Premium Resellers) from over 65 to about 200 by 2015 and expand the use of multi-brand stores vs. previously being focused on selling through carriers and premium resellers. …read more
Source: FULL ARTICLE at Forbes Latest
By Haydn Shaughnessy, Contributor
Apple is drawing more fire in China, but don’t look away for to long. The EU also has Apple in its sights. …read more
Source: FULL ARTICLE at Forbes Latest
Apple is sitting on the largest cash hoard of any publicly-traded company, or any company for that matter. It has $137B in its coffers and, based upon its current trajectory, Apple could have over $170B in cash, short-term and long-term investments by then end of the year. Analysts, investors and reporters were in ‘awe’ of the cash flow as the company’s stock appreciated from $7 to $700. Now, with Apple trading in the mid-$400s, the ‘awe’ has turned into ‘ire’ and for good reason. …read more
Source: FULL ARTICLE at Forbes Latest
By Tim Worstall, Contributor Apple’s released its “Apple and the Environment” report and in it they claim that their data centres are now running on 100% renewable power. This isn’t quite entirely and wholly true but it is close enough. But there’s three things I’d like to note from this report over and above that: After a vigorous campaign by Greenpeace to highlight the carbon-spewing computer halls of the cloud giants, Apple has announced it is feeding its data centers entirely with renewable energy. …read more
Source: FULL ARTICLE at Forbes Latest
Apple and Samsung have apparently become embroiled in a watch war. Samsung just announced that it is, in fact, working …read more
Source: FULL ARTICLE at Forbes Latest
By Adrian Kingsley-Hughes, Contributor
Apple has released iOS update 6.1.3, and this update fixes an important bug that allows anyone with access to your handset the ability to snoop on your data. …read more
Source: FULL ARTICLE at Forbes Latest
By Patrick Moorhead, Contributor
Apple’s iPad has had quite an impressive run in consumer and business markets. In fact , it has reshaped the entire direction of the PC and application market. For years, it was the only game in town in consumer until the …read more
Source: FULL ARTICLE at Forbes Latest
Apple stock is up $9 and has broken out of the micro resistance at $438 to $440 on a day when the overall market tape is weak. The timing of Apple’s newly found strength may seem funny. …read more
Source: FULL ARTICLE at Forbes Latest
Apple and Samsung are in a heated battle for market share in the new mobile computing landscape. While the war is largely being waged on the consumer landscape with Samsung outpacing Apple in product introductions, Samsung is making bold moves in the enterprise space. In January, it announced Samsung For Enterprise (SAFE), which it defined as a set of enterprise solutions that will provide the necessary security and feature enhancements to make mobile solutions suitable for business. SAFE has four components that include corporate email with enhanced Microsoft Exchange ActiveSync (EAS) features, on-device encryption, VPN and mobile device management support. It’s teamed up with VPN vendors for secure tunnel support and MDM vendors to offer mobile deployment solutions that support more than 388 IT policies. Samsung went one step further at the recent Mobile World Congress trade show when it announced KNOX. Samsung KNOX is an end-to-end secure Android solution that provides security hardening from the hardware through to the application layer. …read more
Source: FULL ARTICLE at Forbes Latest
By Kenneth Rapoza, Contributor
Apple is closer to solving its trademark dispute with Brazilian telecommunications service firm IGB Eletronica. IGB owns the brand Gradiente, which in March 2000 asked the Brazilian Industrial Property Institute (known as INPI in Brazil) for exclusive rights to the name iPhone. …read more
Source: FULL ARTICLE at Forbes Latest
By Haydn Shaughnessy, Contributor
Apple regularly comes top of the polls that score the world’s most innovative companies. Here is the main reason why not being the most innovative bodes well for the Apple share price. …read more
Source: FULL ARTICLE at Forbes Latest
