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Monday, April 23, 2012

Apple stock prediction april 24 2012

Apple stock prediction april 24 2012, apple shares prices 24/4/2012, Analyst says Apple 24/4/2012 : Apple will be a big focus, as traders continue to game an earnings report that has been the target of much speculation. Apple is expected to earn $10.02 per share on revenue of $36.7 billion, according to Thomson Reuters. Apples shares have also been sinking, after surging to a high of $644 earlier in the month.

As Apple announces its 2012 second fiscal quarter earnings on Tuesday, some analysts think the stock price could hit $1,000 and the company reach $1 trillion in market capitalization. I have no idea where Apple's price is going or what's in its secretive product pipeline, but I suspect that even with strong recent earnings, it will eventually fall from the tree it's on now.

Last week two analysts predicted that Apple's shares could hit $1,001. Now an analyst has raised that figure to $1,200 based on sales of iPhones and iPads. However, where the other analysts specified that the $1,001 mark would be broken within 12 months, O'Gorman hasn't specified a time frame.

Henderson Global Investors analyst Stuart O'Gorman said: "Apple is becoming cheaper as earnings had been growing faster than its share price. Our target price for Apple is $1,200."

Apple stock has been jumping around over the past few days. Falling from $605.23 to $580.13 on 16 April, soaring to $609.70 on 17 April, and then falling back to $587.44 last night (19 April) due to concerns that chip shortages at Qualcomm could lead to iPhone supply constraints since the company provides baseband radio chips for the iPhone.

Apple might have had a blustery week on the stock market, but Goldman Sachs is still confident about the prospects for the company's shares and has boosted its 12-month price target to $750 from $700, recommending that people invest in Apple stock in the run up to the company's financial results announcement next Tuesday night.

Apple's Financial Report: What To Expect From Tomorrow's Quarterly Results Reveal :

*. Independant analysts revenue guesses range from $39.09 billion to $47.01 billion, leading to an earnings-per-share figure of between $11.60 and $15.04.

*. Institutional analysts are much more conservative, guessing between $33.72 billion and $41.09 billion in revenues and EPS figures between $9 and $11.80.

*. Independant analysts predict between 10.37 million and 13 million iPads sold, and 33.82 million to 44 million iPhones sold.

*. Institutional watchers guess between 10 million and 13.8 million iPads, and 26 million to 34.06 million iPhones sold.

Apple reports earnings on Tuesday, April 24, 2012, I'm looking at the following trade:

Sell AAPL April Week4 2012 580.0 put
Buy AAPL April Week4 2012 585.0 put
Buy AAPL April Week4 2012 630.0 call
Sell AAPL April Week4 2012 635.0 call

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