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Wednesday, April 28, 2021

APPLE!

AAPL.

I'll be off the internet for awhile.

Going automobile shopping.

https://9to5mac.com/2021/04/28/aapl-q2-2021-earnings/.

https://www.cnbc.com/2021/04/28/apple-aapl-earnings-q2-2021.html.

Dividend increase by 7%.

But look at this: share buyback of 50 billion was on the high side estimate; turns out the company authorized a 90-billion-dollar-share buyback. 

Based on her questions and comments, CNBC Sara Eisen "doesn't get it." Talk about a "Debbie Downer."

New AAPL target:

  • low side: $175
  • high side: $250 (or maybe it was $225 -- I forget what the talking head said)

P/E: did I hear that the P/E dropped below 30? 

$90 billion in revenue in one quarter? 

$90 billion share buyback? 

It's hard to believe but AAPL's 52-week high was $145 -- we have quite a bit of room to run.

Goldman  Sachs: "we were wrong on Apple." Link here.

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ESG

By the way, before I forget and completely unrelated to AAPL/ Apple, Inc.

Like the Democrat / Biden definition of "infrastructure," "ESG" means whatever a company wants it to mean.

3 comments:

  1. What kind of EV are you looking at. :-)

    ReplyDelete
    Replies
    1. Probably the new Porsche EV, the Ferrari EV, or the Lamborghini EV.

      LOL.

      Delete

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