Apple Inc (AAPL)

AAPL (NASDAQ:Consumer Durables) EQUITY
$103.07
pos +6.40
+6.60%
Today's Range: 102.75 - 104.35 | AAPL Avg Daily Volume: 36,459,800
Last Update: 07/27/16 - 1:20 PM EDT
Volume: 63,073,452
YTD Performance: -8.16%
Open: $104.27
Previous Close: $96.67
52 Week Range: $89.47 - $125.74
Oustanding Shares: 5,477,425,000
Market Cap: 533,172,549,500
6-Month Chart
TheStreet Ratings Grade for AAPL
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 23 22 21 22
Moderate Buy 3 3 3 3
Hold 4 4 4 4
Moderate Sell 0 0 0 0
Strong Sell 1 1 1 1
Mean Rec. 1.48 1.50 1.52 1.50
Latest Dividend: 0.57
Latest Dividend Yield: 2.34%
Dividend Ex-Date: 05/05/16
Price Earnings Ratio: 10.79
Price Earnings Comparisons:
AAPL Sector Avg. S&P 500
10.79 10.80 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-7.36% -22.35% 53.45%
GROWTH 12 Mo 3 Yr CAGR
Revenue 27.90 0.50 0.14
Net Income 35.10 0.30 0.08
EPS 42.90 0.50 0.13
Earnings for AAPL:
EBITDA 82.49B
Revenue 233.72B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (09/16) FY (09/17)
Average Estimate $1.61 $2.99 $8.21 $8.86
Number of Analysts 12 10 19 19
High Estimate $1.77 $3.32 $8.54 $10.10
Low Estimate $1.41 $2.63 $7.98 $7.46
Prior Year $1.96 $3.28 $9.22 $8.21
Growth Rate (Year over Year) -17.94% -8.90% -10.91% 7.87%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
Results are 'better than feared.'
Remember volatility? Even remember movement? What was that like?
There are dozens of tech stocks like LLTC that are ripe for consolidation.
Quarterly results show cellphone sales are better than forecast.
I added to my Apple (AAPL) short on the company's after-hours earnings beat and a spike in the share price of more than $5

My Takeaways and Observations Real Money Pro($)

The U.S. dollar strengthened. Crude oil dropped again, but only by two bits to $42.87. Gold was essentially unchanged. Agricultural commodities: wheat -13, corn -1.50, soybeans +7.50 and oats-2. Lumber +1.30. Bonds were better bid despite a weak five-year note auction. The yield on the 10-year U.S. note fell by one basis point and the long bond yield was flat. The 2s/10s spread was 81 basis points, up slightly day over day. Municipals bid were up small. Junk bonds were weaker, but Blackstone/GSO Strategic Credit Fund (BGB) was up a dime to a new recent high of $14.85. This, despite a big divergence between lower oil prices and higher junk bond prices. Banks continued to rally despite weakness in European bank shares. Insurance stocks were well-bid, though my long Hartford Financial Services Group (HIG) , a recent star, was slightly lower. Brokerages flatlined after a large run-up. Retail was stronger, led by my short Nordstrom(JWN) , which was up nearly 3% on an upgrade. Energy stocks were weaker along with the lower commodities price. Biotech got hit, with Gilead Sciences (GILD) down more than 8%. Ag equipment , led by my short Caterpillar (CAT) , was up 5% after an earnings beat. CAT is now well into where I am considering additional shorts. Staples are conspicuously weak on the dollar's strength. My short Coca-Cola (KO) is getting hit. I am planning to add to this short. Autos are nothing -- again, which is disappointing after General Motors' GM earnings "blow out." (T)FANG was lower, but my short Netflix (NFLX) was higher based on a large insider purchase. In individual stock, DuPont (DD) is up on better earnings (more on this tomorrow). Starbucks (SBUX) was up, but well off its high, after a research upgrade at Goldman. Here are some value-added contributions on our site today: Jim "El Capitan" Cramer on tech tie-ups.  Mark Sebastian on Apple's technical setup. He is buying out-of-the-money calls. I remain short, and shorted more today. Gary Morrow is a running with Nike (NKE) . I remain short Foot Locker (FL) .  Tim "Not Judy or Phil" Collins goes tweet tweet.  Roger Arnold on the yield curve and insurance stocks.
Both bulls and bears are looking for the catalyst that will take the market out of this range.
Opportunities are on the side of volatility.
Despite weaker-than-expected earnings, portfolio managers see multi-pronged growth strategies in place at the sports-apparel maker.

Still Sour on Apple Real Money Pro($)

"Men (it has been well said), think in herds. It will be seen that they go mad in herds, while they only recover their senses slowly, one by one."

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