Tuesday, January 22, 2008

Apple's Guidance

AAPL is trading down to 137 in the afterhours after "tepid" guidance. $18 billion of cash, increased margins, a higher revenue stream of iPhone, iPod touch, and Apple guides to .94 for the next quarter? Apple guided for $1.42 for this quarter last quarter; they did $1.76. Now the street is seizing this guidance as real?

Buy Apple here at 137. The questions by the analysts indicate they will reiterate their buy recommendations in the morning, as they are calling Apple on the carpet for this garbage guidance. It's just a number they feel "comfortable attaining."

Take Apple at 137. It's Feynman's number!

http://www.137.com/137/

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