Wednesday, January 17, 2007
Wait For The 2:1 Split News On Apple
When you think that you have this all figured out, think again. Wall Street will always surprise you.
Apple Reports Record 1Q Profit
The results beat the estimates of analysts surveyed by Thomson First Call, who expected Apple to earn 78 cents a share on revenue of $6.42 billion.
iPod sales estimates were 15 million iPods and the number came in at 21 million.
Hold on, Apple stock could see $100 by Friday!
Friday, January 12, 2007
Thursday, January 11, 2007
Here Is A Key To Successful Trading - See How Your Stock Fares With Insider Activity
Insider Trading Activity
Wednesday, January 10, 2007
Listen To This!
| Titanium: Alcoa credited robust demand from the aerospace industry where production is "expected "to remain near historic highs for several years to come." |
| ATI, RTI, TIE: Aerospace products producers rallied with Alcoa. |
This is what we are talking about. A world-wide shortage of Titanium and with the multi-billion dollar orders given to Airbus and Boeing for new planes, the demand for Titanium should remain high for several years to come!
We Suspect That Hedge Funds Are Holding TIE Stock Down
Get ready for a MAJOR POP in the stock soon.
Tuesday, January 09, 2007
We Have Been Pounding The Table On AAPL For Weeks! Finally The Good News Is A Reality - iPhone is Announced
Friday, January 05, 2007
Tuesday, January 02, 2007
Goldman Sachs Upgrades Apple Computer Stock
Friday, December 29, 2006
Soon Apple Products Will Be Everywhere!
Set top box due out in early 2007
Breaking with Apple's tradition of not announcing unreleased products, Steve Jobs said that the company will release a wireless, set-top box for the TV called iTV. It will be approximately half the size of the Mac mini, and the iTV will feature Ethernet, 802.11g, USB ports, component video, optical audio, and HDMI ports. It will work with the Apple Remote and sport an interface much like that of Front Row.
iTV will allow music, TV shows, and movies residing on a computer to play on a television in another part of the house with what Jobs describes as instantaneous access. It is slated to ship during the first quarter of 2007 and will retail for $299.
"Apple is in your den now," says Jobs. "Apple is in your living room. Apple is in your car. Apple is in your pocket." Will Apple be in your wallet?
Also - look for exciting stuff as Macworld EXPO starts on January 8.
AAPL target $100+ in January in our opinion now that the cloud has lifted today with the scare of the options probe that was with out a doubt played out in the media by the shorts who needed to get apple's stock lower to cover at a profit!We are BULLISH on AAPL. You should be too.
More Apple News
In a 10-K report filed with the Securities and Exchange Commission early Friday, Apple said it recorded $84 million in noncash expenses to account for backdated stock options.
The relatively small restatement was a BIG relief to investors, but their main cause for celebration centered around Jobs, whose future had been called into question as details of the stock option irregularities have come to light.
The filed statements with the U.S. Securities and Exchange Commission that took pains to exonerate Chief Executive Steve Jobs from wrongdoing in the company's handling of stock options from 1997 to 2002. A special committee appointed by Apple's board "found no misconduct by current management," the company said in a lengthy explanatory note attached to its yearend financial filing. That reiterated remarks made by Apple in October, and it was exactly what many investors and analysts wanted to hear. In early afternoon trading, Apple's shares got a 5% boost, to $84.93.As upbeat as the tone was toward management, the documents nevertheless underscores concerns over the way Apple handled options, which were used by many companies in recent years to compensate employees, and have become the target of widespread investigation. The practice of backdating, or changing a grant date to artificially boost the value of the option, can skew results by understating compensation costs and overstating profit.
Apple said its own probe turned up "a number of grants for which grant dates were intentionally selected in order to obtain favorable exercise prices," and that Jobs was "aware or recommended the selection of some of the favorable grant dates." Jobs "did not receive or financially benefit from these grants or appreciate the accounting implications."
Al Gore, the former US Vice-President and chairman of the special board committee, and Jerome York, chairman of Apple’s audit and finance committee, said: “The board of directors is confident that the company has corrected the problems that led to the restatement and it has complete confidence in Steve Jobs and the senior management team.”
The company admitted that it had falsified records to show that a board meeting on October 19, 2001, had approved the awarding of 7.5 million stock options to Mr Jobs. In fact, no meeting took place on that day and the records were fabricated, the company said.
The market applauded the Apple report, however, and seemed to share the company’s view that Mr. Jobs had been exonerated as the shares surged more than 5 per cent by midday on Wall Street.
Tuesday, December 26, 2006
Macworld iPhone and iTV News
We think the hedge funds are deliberately pushing Apple stock down before the Macworld convention in early January. Buying on any dips could be a prudent move as most analysts have a $100 Target on AAPL stock!