Apple Inc.; Market Cap. (as of 13/03/2015): $719.88bn A Record Company Apple is a company of excesses. With fiscal reports exceeding even bullish estimates more often than not, the Cupertino-based company has become synonymous with exuberance. In its most recent quarterly earnings, Apple reported $18bn of net profit, setting a Read more…
IPhone 6 officially hit Apple Stores this weekend in 9 key markets; it was very welcomed with 4 million preorders (double those of iPhone 5) and tremendously long lines of fans: outside Apple flagship store of 5th Avenue people flocked in a line 12 blocks long. The new model of Read more…
Since the last time we covered Apple in late November, the situation has changed dramatically, with new factors affecting our recommendation on the stock. Among others, we think that the recent appointment of a new CFO may be significantly relevant. Indeed, according to some analysts cited by the Wall Street Read more…
After a difficult year, Apple – almost flat YTD compared with a 27% rally in S&P500 – seems to be on its way to recovery. Since Q4 earnings release the stock has already rallied 10%, but especially this week a new wave of optimism has pushed the stock higher. There Read more…
Alibaba, the Chinese business to business e-commerce giant, is expected to file for an IPO in the next quarter; this highly expected IPO, that is valued at around US$190-200bn has already a huge impact in public markets, precisely in two tech corporations: Softbank and Yahoo!. Even if the financial situation Read more…
After a long ride south, investors are now given the highly debated Q1 results, which did not seem to bring enough surprise to trigger a turnaround in the stock. However, what we see is indecisive investors frenetically buying and selling the stock on expectations of a short-lived rebound, hindered by Read more…
Long term investment: long Apple Today Apple reached a new 52 weeks low at 431.88 in a historical fall, losing from September highs nearly 39% of its market value. Moreover it closed red 8 of the last 10 trading days. We believe this is a great opportunity to buy one Read more…