Articles tagged AAPL.

In the wake of Steve Jobs announcing his resignation as CEO of Apple. Inc. this past Wednesday, Apple stock took a $19 plunge in after hours trading, costing AAPL nearly 5.6% of its value. The news of Jobs resignation could hardly be considered unexpected, but would this be a sign that investors viewed Apple as a one-man show or was the after-hours trading a mere knee-jerk reaction?

If you own Apple (AAPL) stock or are considering doing so, but are not sure when's a good time to get in, this video is a must-see. Michael Holland isn't flashy, nor does he bring anything revolutionary to the table, but his sticking point is AAPL valuation is incredibly low and it can't stay there forever.

AAPL closed the market Wednesday at $326.75 with a intraday market cap of only $302.16b. AAPL is also carrying a forward looking P/E ratio of only 11. These figures for AAPL are starting to become a fixture to the stock, and they are absurdly low. What is Apple going to bring to the earnings table next quarter? There are some sparks out in the analyst world that suggest it will be another above and beyond quarter, but will another strong quarter push Apple's stock price north or leave it in purgatory?

Apple's financial call is set for Wednesday, April 20 at 5 PM Eastern, and it may be one of the biggest financial thrill rides in recent memory, if our estimates are correct (Imagine that, a financial call being a thrill ride). Apple's CFO, Peter Oppenheimer, delivered guidance of $22m in revenues with a 38.5% gross margin. You can see a full listing of what the pro's and bloggers are predicting Apple will deliver for their fiscal Q211 here.

The highest estimate from Wall Street analysts comes from Jeff Fidacaro of SIG (Susquehanna Investment Group). The highest blogosphere estimate comes courtesy of Nicolae Mihalache over at traderhood.com. They're probably both wrong.