Friday, January 22, 2021

Apple -- 1Q21 -- AAPL Shares Closed At An All Time High -- January 22, 2021

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

I find this absolutely fascinating. 

It does not matter at all what Apple's earnings are this quarter or how they compare to past quarters. The only thing that matters is whether Apple and/or AAPL live up to all the hype. If speculators and traders are disappointed, AAPL shares will plummet regardless of what the earnings are or what is said at the conference call.

But for investors in Apple / AAPL, it will be a win-win regardless of what is reported Wednesday; whatever the stock does on Wednesday it will be a win for shareholders. And the nice thing is this: for those who are a bit skittish can sell Monday and/or Tuesday. 

The only dog I have in this fight is an "emotional" one. I hope Apple blows the socks off every analyst on Wednesday because that's what the tea leaves suggest will happen. Due to many factors that may not happen, but my hunch is whether Apple impresses traders, speculators, or Jim Cramer, this is going to be one of the most watched earnings calls ever. For me, it's even more interesting than what Elon Musk and Tesla will have to say whenever they report.

For now, just the graphics



I did not look at the market today and have no idea the P/E or the market value of either Apple or Tesla. To find the screenshots above I googled AAPL specifically and did not check the market. 

But I recall that AAPL's P/E is somewhere between 30 and 40; TSLA's P/E is north of 1,600? And talking heads think Apple's P/E is too high! Okay.

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