Goldman arvab AAPL kohta nii:
AAPL's options prices have risen dramatically, with 1 month ATM implied
volatility up 20 points (or ~50%) since late January. Implied volatility
is now in line with levels reached ahead of MacWorld and AAPL's Q4
earnings. Recently the stock has fallen somewhat and Goldman Sachs
Hardware analysts, David Bailey and Laura Conigliaro, believe it will
likely remain in a trading range until we get closer to AAPL's earnings
report on April 13. We suggest holders of the stock consider selling
strangles (selling puts and selling calls) to take advantage of elevated
implied volatility; they should revisit the trade prior to AAPL's earnings
report. Specifically, we would consider selling April $40/45 strangles
which were recently bid at $3.30 (8%) with AAPL at $41.25.
Cody Willard kirjutab Apple kohta:
Apple (AAPL:Nasdaq - commentary - research) has gone from the "must own" tech stock on Wall Street to the "can't own" tech stock on Wall Street in the course of about two weeks. What's changed?
Well, for starters, the stock price. Talk about tankage. Apple was up several hundred percent last year, and started off this year with a big run from about $32 to $45. Everybody loved it. Even as the Nasdaq Composite fell more than 10%, Apple couldn't be stopped.
Apple proceeded to report a very strong quarter, beating consensus estimates on both the top and bottom lines. But iPod sales weren't as high as Wall Street had hoped for. The company has now also finally got its production in line to roll its products out quickly enough to meet demand, and for the last month, it's been apparent that the longtime shortage was over. Many analysts somehow take that fact and extrapolate it to mean that there's no upside in music sales anymore, and therefore there's no upside to Apple anymore.
The stock tanked hard, falling from $45 all the way back to $34, barely above where it started the year. With price action like that, coupled with the worries about music upside, Apple has fallen out of favor fast.
As far back as six months ago, I wrote that the key to Apple's future over the next year or two wasn't the music business, but the computer business. I believe that is still very much the case. iPod sales will continue to be robust and profitable, but the stratospheric growth the business showed for the last few quarters is over.
As far as the music divisions go, millions upon millions of users now have an Apple product in their hands. Millions of those people will be buying hundreds of millions of songs from Apple's iTunes store, which will now be a big growth driver -- though it's still not as important as the computer business.
So what of that computer business? I was very pleased with the unit growth that Apple reported in its computer business last quarter. Most analysts are now modeling for Apple to take market share from the Windows-based PCs, but just how much and how fast still remains very much in debate.
Apple is rolling out a new operating system to rave reviews, and I know anecdotally of many people who are waiting for that rollout before buying their Apple computer. That operating system is now out, and we should expect to start hearing reports about how much share Apple is now taking in the computer business. The "halo" effect has been substantial already, but not all of those millions of iPod owners aren't replacing their machines simultaneously, and they aren't all immediately converted. But the halo effect is real, and it's accelerating.
As I've written many times in the last year or so, I think Wall Street is still much too low on its Apple estimates, and I think the stock will make another run. I remain very long Apple, and have increased my long exposure around the $35 level.
Apple (AAPL:Nasdaq - commentary - research) has gone from the "must own" tech stock on Wall Street to the "can't own" tech stock on Wall Street in the course of about two weeks. What's changed?
Well, for starters, the stock price. Talk about tankage. Apple was up several hundred percent last year, and started off this year with a big run from about $32 to $45. Everybody loved it. Even as the Nasdaq Composite fell more than 10%, Apple couldn't be stopped.
Apple proceeded to report a very strong quarter, beating consensus estimates on both the top and bottom lines. But iPod sales weren't as high as Wall Street had hoped for. The company has now also finally got its production in line to roll its products out quickly enough to meet demand, and for the last month, it's been apparent that the longtime shortage was over. Many analysts somehow take that fact and extrapolate it to mean that there's no upside in music sales anymore, and therefore there's no upside to Apple anymore.
The stock tanked hard, falling from $45 all the way back to $34, barely above where it started the year. With price action like that, coupled with the worries about music upside, Apple has fallen out of favor fast.
As far back as six months ago, I wrote that the key to Apple's future over the next year or two wasn't the music business, but the computer business. I believe that is still very much the case. iPod sales will continue to be robust and profitable, but the stratospheric growth the business showed for the last few quarters is over.
As far as the music divisions go, millions upon millions of users now have an Apple product in their hands. Millions of those people will be buying hundreds of millions of songs from Apple's iTunes store, which will now be a big growth driver -- though it's still not as important as the computer business.
So what of that computer business? I was very pleased with the unit growth that Apple reported in its computer business last quarter. Most analysts are now modeling for Apple to take market share from the Windows-based PCs, but just how much and how fast still remains very much in debate.
Apple is rolling out a new operating system to rave reviews, and I know anecdotally of many people who are waiting for that rollout before buying their Apple computer. That operating system is now out, and we should expect to start hearing reports about how much share Apple is now taking in the computer business. The "halo" effect has been substantial already, but not all of those millions of iPod owners aren't replacing their machines simultaneously, and they aren't all immediately converted. But the halo effect is real, and it's accelerating.
As I've written many times in the last year or so, I think Wall Street is still much too low on its Apple estimates, and I think the stock will make another run. I remain very long Apple, and have increased my long exposure around the $35 level.
Tiger launchitakse Eestis homsel Tiigriööl: www.mac.ee
Kes ostab täna (või on viimase kuu-paari jooksul plaaninud osta) vana OSiga Maci, saab upgrade 280 eek eest. Ehk siis tõesti, ehk ostab hoopis esmaspäeval ja uue OSiga?
Kes ostab täna (või on viimase kuu-paari jooksul plaaninud osta) vana OSiga Maci, saab upgrade 280 eek eest. Ehk siis tõesti, ehk ostab hoopis esmaspäeval ja uue OSiga?
Huvitav, palju selle Willardi fondi tootlus on. Eriti ta ei ole kuskil praalinud küll sellega.
Seepärast, et keegi fondijuht realmoneys kirjutab, ei peaks ta arvamust küll tõsiselt võtma.
neil on seal thestreet.com'is mingi under-10$ fond. mis praegu kaotab S&P smallcap indexile 17%ga :)))
Seepärast, et keegi fondijuht realmoneys kirjutab, ei peaks ta arvamust küll tõsiselt võtma.
neil on seal thestreet.com'is mingi under-10$ fond. mis praegu kaotab S&P smallcap indexile 17%ga :)))
Willard on vähemalt lõbus.
sB
sB
mhmh, millalgi hüppas seal, et ta nr. oli Paris Hiltoni moblas.
Willard lõbus jah, kuid tema fondi raha ei julgeks panna.
apple pikas perspektiivis on ikka tegija!! msile otsitakse alternatiivi. miks muidu xp kampaania?
ja mida kauem longhorn venib, seda parem. samas pole enam windows masinates nii oluline.
ja mida kauem longhorn venib, seda parem. samas pole enam windows masinates nii oluline.
Bill Gates'i arvamus iPodist ja Apple'ist on saksa ajalehele Frankfurter Allgemeine Zeitung antud usutluse põhjal järgmine:
"I don't think the success of the iPod can continue in the long term, however good Apple may be. I think you can draw parallels here with the computer -- here, too, Apple was once extremely strong with its Macintosh and graphic user interface, like with the iPod today, and then lost its position."
Billi taoline arvamus ei tohiks suurema üllatusena tulla, kuid samas on jutus oma iva sees. iPodi fenomenaalset edu on küll raske selgitada, kuid lisaks kasvavale konkurentsile Sony Walkmani poolt on ka mobiilide tootjad oma telefonidesse üha enam MP3 mängijaid integreerimas. Loorberitel just Steve Jobs puhata ei saa. Kas noored @ 2007(?). a kannavad kaasas mobiile MP3-mängijatega või iPod'e mobiilifunktsiooniga?
"I don't think the success of the iPod can continue in the long term, however good Apple may be. I think you can draw parallels here with the computer -- here, too, Apple was once extremely strong with its Macintosh and graphic user interface, like with the iPod today, and then lost its position."
Billi taoline arvamus ei tohiks suurema üllatusena tulla, kuid samas on jutus oma iva sees. iPodi fenomenaalset edu on küll raske selgitada, kuid lisaks kasvavale konkurentsile Sony Walkmani poolt on ka mobiilide tootjad oma telefonidesse üha enam MP3 mängijaid integreerimas. Loorberitel just Steve Jobs puhata ei saa. Kas noored @ 2007(?). a kannavad kaasas mobiile MP3-mängijatega või iPod'e mobiilifunktsiooniga?
saate aru mehed, apple strength ei ole miski ipod voi maci arvuti
apple strength on BRAND ja imidz. apple suudab sitast trendi-saia teha
mis te arvate et arvuteid voi flash playereid vms enne ei olnud?
apple strength on BRAND ja imidz. apple suudab sitast trendi-saia teha
mis te arvate et arvuteid voi flash playereid vms enne ei olnud?
Some things never change
http://www.forbes.com/markets/2005/05/23/cx_ab_0523video1.html?partner=yahootix&referrer=
http://www.reuters.co.uk/newsArticle.jhtml;jsessionid=IGROIQYDXH0AKCRBAEKSFFA?type=technologyNews&storyID=8574207
blackmailing?
http://www.forbes.com/markets/2005/05/23/cx_ab_0523video1.html?partner=yahootix&referrer=
http://www.reuters.co.uk/newsArticle.jhtml;jsessionid=IGROIQYDXH0AKCRBAEKSFFA?type=technologyNews&storyID=8574207
blackmailing?
milles on point [v6tta ibmi asemel intel]?
ainus point oleks kasutada itaniumeid.
aga selles pole pointi. siis parem juba celli.
pigem voib tegu olla miski koostööga muudel aladel.
ainus point oleks kasutada itaniumeid.
aga selles pole pointi. siis parem juba celli.
pigem voib tegu olla miski koostööga muudel aladel.
kristjanlepik
kirjutasid kunagi:...Autos saab ühendada sellise vidinaga nagu Griffin iTrip , mis viib iPodist heli mööda raadiolainet välja. Ja näiteks määrad, et 89.6 sagedusel on iPod. Testin täna.
Kvaliteetsema heli saab ilmselt siis, kui otse juhe auto süsteemi vedada.
kuidas töötas?
kirjutasid kunagi:...Autos saab ühendada sellise vidinaga nagu Griffin iTrip , mis viib iPodist heli mööda raadiolainet välja. Ja näiteks määrad, et 89.6 sagedusel on iPod. Testin täna.
Kvaliteetsema heli saab ilmselt siis, kui otse juhe auto süsteemi vedada.
kuidas töötas?
Apple disainiga mob. telefoni ostaks küll...
sB
sB
Vähemalt minu muljete järgi - iTrip on jama. Heli kvaliteet autos on väga nigel, väga tundlik segavatele lainetele, mida linnapildis on omajagu.
Kuid appi tuleb Monster iCarPlay - http://www.mac.ee/page.php?p=shop&item=22794 . Lisaks seal küljes veel autolaadija. Ega perfektset heli ilma juhtmeta ilmselt ei saa, kuid see täiesti teine ooper. Mina täitsa rahul.
Kuid appi tuleb Monster iCarPlay - http://www.mac.ee/page.php?p=shop&item=22794 . Lisaks seal küljes veel autolaadija. Ega perfektset heli ilma juhtmeta ilmselt ei saa, kuid see täiesti teine ooper. Mina täitsa rahul.
olemas on ju ka miskid kassettimoodi asjad kust juhe välja tuleb.
paned kasseetiauku ja juhtme ipodi.
iseasi kas tanapaeva autodel enam kassette on..
paned kasseetiauku ja juhtme ipodi.
iseasi kas tanapaeva autodel enam kassette on..
Muide. Apple kasutab ka praegu Inteli kiipe. Xserve sees näiteks.
vaevalt et apple hakkab oma niigi väikest installed baset ja loyal customere ärritama miski shiftiga intelile, mis ei anna erilisi tehnoloogilisi eeliseid. ppc'd saab odavamalt toota kui inteli kiipe, see promotional tugi.. well, kas seda ikka on applel vaja?
aga intel teeb ju vaga palju erinevaid komponente, kaasaarvatud flash mälu
aga intel teeb ju vaga palju erinevaid komponente, kaasaarvatud flash mälu
Inteli toodetavast flash mälust (täpsemini siis NOR flash) kasutatakse märkimisväärne osa mobiiltelefonides..
intel ostab apple? :)