Monday, October 19, 2009
Apple Blows Away Estimates Again
AAPL without subscription accounting earned over $3 for the quarter!!!
But didn't you get the buy on AAPL here, on January 15th? At less than 80 in the pre-market?
Wait--That isn't David Rosenberg math!
Because AAPL was only touted here, and here, and here with their phony guidance, and here to 225, and here.......
But let's look at the WSJ story on Apple on July 21, when they said this bullsh*t:
But if you are investor in this stock, brace yourself for a dose of reality. The shares' best days are surely behind them. Future returns will be much more modest -- and the risks will be greater.
Apple stock is not especially expensive: Perhaps 26 times forecast earnings. That's still not dirt cheap, and you'll need to see fair amount of growth to justify the price.
But many markets are looking saturated, and competition is heating up.
At least someone at that time, told the WSJ to go to hell. Whoops. It was this blog. Here! As Advertised!
Best days are surely behind them?
Now you know the WSJ's definition of best days behind them!
How did that work, keeping you out of the stock at $151? $50 points--IN THEIR FACE!!!!!!
Maybe the WSJ tag teamed with Fran Tarkenton to get advice.
After all, didn't he say Brett Favre's hiring by Minnesota was a giant mistake?
Boo Yahh Baby!!!!!!!!!
If only Wall Street was as accountable as Football!!!
So I'll remind them.
Because Wall Street forgets!!
Posted by Palmoni at 5:43 PM