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- Apple Earnings: What to Expect (And Who Not to Believe)
- Andy Zaky submits: Wall Street investors are holding their breath as Apple AAPL is set to report earnings after the close of regular trading this afternoon. This particular report will be one of the most crucial in the company's history as Wall Street and her analysts have completely written Apple...
- External links 2008-10-21
- Apple's Valuation: My Stance
- Andy Zaky submits:I've noticed that several people take issue with my stance on Apple's AAPL valuation. So I thought I would take it upon myself to fully state my current view on Apple. I have always been and always will be completely open minded to others' thoughts on this...
- External links 2009-04-23
- Revising Apple's Outlook in Line with Reality
- Andy Zaky submits: Bullish Cross is readjusting its outlook on Apple AAPL to a view that is more commensurate with the increasingly bleak economic environment. As unemployment continues to rise and discretionary income contracts, Apple will undoubtedly struggle to keep up its explosive growth in 2009. The current consensus estimates...
- External links 2009-04-20
- Will Apple Record Another Halt-Trading Big Beat?
- Andy Zaky submits: Shares of Apple, Inc (Nasdaq: AAPL) might be halted after the close of regular trading today due to much higher than expected revenue and earnings results. Occasionally, stocks will be halted when a company's earnings results come in at levels that are far beyond the normal variance...
- External links 2009-01-21
- How the iPhone and Poor Management Contribute to Apple's Downfall
- Andy Zaky submits: In April of 2007, Peter Oppenheimer (Apple’s AAPL CFO) announced that Apple will be using what is commonly referred to as the “subscription method of accounting” for sales of the iPhone where the sales revenue from the iPhone is deferred and recognized over a 24-month period instead...
- External links 2009-01-20
- Will Apple Beat 2009 Revenue Consensus?
- Andy Zaky submits: Four months ago, the analyst consensus estimate for 2009 had Apple AAPL earning $6.36 in EPS on approximately $40 billion in revenue. Since that time, the economy has gone through a major financial crisis, which has led many analysts to revise their estimates down, quite dramatically. As...
- External links 2008-11-14
- Will Apple's Q1 2009 Revenue Estimates Be a Blowout?
- Andy Zaky submits: When Apple AAPL reports earnings in January for its first fiscal quarter of 2009, the investment community could be greeted with the mother of all earnings blowouts. The analyst consensus estimates have gotten so absurdly bearish, that Apple might beat revenue expectations by as much as $1.210...
- External links 2008-11-10
- Berger's Questionable Apple Track Record
- Andy Zaky submits: FBR chip analyst Craig Berger, an analyst who doesn't cover Apple AAPL, issued an interesting note today regarding iPhone production rates. He noted that according to his unqualified "checks" whatever they may be, iPhone production rates may fall up to 40% in calendar Q4 (fiscal Q1). It's...
- External links 2008-11-03
- Reconstructing Apple Earnings, Including iPhone
- Andy Zaky submits: Now that Apple AAPL has reported its earnings for the full 2008 fiscal year, I think it's important for investors to focus on how Apple would have performed if it fully recognized the revenue and earnings from its sales of the iPhone. Apple's true 2008 financial results...
- External links 2008-10-28
- iPod Sales Only 14.2% of Apple's Q4 Total Revenue
- Andy Zaky submits: If someone were to tell investors two years ago that iPod sales would only contribute 14.2% of Apple’s AAPL total revenue and that Apple’s revenue would significantly accelerate to a shocking pace of 75% year-over-year, such an investor would probably guess that Apple’s stock price would be...
- External links 2008-10-27
- Apple's 'Real' Earnings: Up Almost 125%
- Andy Zaky submits: In its recently reported fiscal fourth quarter, Apple's AAPL adjusted net income grew approximately 124.6% from $1.085 billion in Q4 2007 to $2.437 billion in Q4 2008—an extraordinary number when fully accounting for iPhone sales in both periods. Just as impressive is Apple's 75.1% grow rate in...
- External links 2008-10-23
- Why Apple Will Blow Away Forecasts This Quarter
- Andy Zaky submits: by Andy Zaky
- External links 2009-07-20
Additional Resources
- How Apple Stock Should Be Valued: P/FCF
- Andy Zaky submits: A few of my readers have asked me to valuate and place price targets on shares of Apple, Inc. (Nasdaq: AAPL). I continue to be quite cautious about publishing such an analysis for a number of reasons. First, a shrewd day trader once told me that issues...
- External links 2008-08-15
- Worst Analyst on Apple Lowers Price Target
- Andy Zaky submits: On Monday, Morgan Stanley analyst Katie Huberty lowered her price target on Apple from $192 to $179 citing general weakness in the "global macro-economic environment." She also lowered price targets on other computer hardware makers including: Dell DELL, EMC EMC, Hewlett-Packard HPQ, IBM IBM, Adtran ADTN,...
- External links 2008-09-22
- iPhone Sales Drastically Surpass Q4 Consensus; Apple Reaches 10m Goal
- Andy Zaky submits: This article was co-authored by Seeking Alpha contributor Turley Muller. by Turley Muller
- External links 2008-10-06
- Apple's iPhones: 10 Million and Counting?
- Joel West submits: Seeking Alpha authors Andy Zaky and Turley Muller estimate that 9 months into 2008, Apple has already surpassed Steve Jobs’ widely quoted (and oft-ridiculed) projection of selling 10 million iPhones this year. In particular, they calculate that Apple sold 7-7.5 million units in Q3, the final...
- External links 2008-10-10
- Analyzing Apple's iPod Business
- Turley Muller submits: Slowing iPod sales growth has been one of the chief concerns among Apple Inc. AAPL investors because the iPod has historically been a major contributor to Apple’s overall revenue growth. The concern stems from the belief that the PMP market is becoming saturated. With...
- External links 2008-11-09
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