Saturday, September 22, 2012

apple stock prediction week september 24-28 2012

apple stock prediction week september 24-28 2012 : Deutsche Bank AG (ETR:DBK) (FRA:DBK) (NYSE:DB) analyst, Chris Whitmore, said in a memo to investors today, that demand for the new Apple Inc. (NASDAQ:AAPL) iPhone 5 is “extremely robust”, and the extremely fast and widespread international launch of the device sheds new light on previous stock estimates. He claims he was too conservative in his estimates of the device’s sales. He now says that Apple should hold a price target of $850 per share, as its sales will be guaranteed to skyrocket in coming weeks and months.
He now believes that Apple Inc. (NASDAQ:AAPL) could easily sell 5 to 6 million units during this weekend’s opening sales push, which follows on a record 2 million preorders, recorded last weekend. He has boosted his previous estimates for this year, from 133 million units by 5 million, and now claims they may sell 138 million iPhone 5 units by the year’s end.

Next year looks even better for the Cupertino company, as Whitmore boosted his estimates by 10 million units. He says that Apple Inc. (NASDAQ:AAPL) will sell 180 million units during FY 2013.

Investment firm Piper Jaffray analyst Gene Munster Friday released a research report saying that the number of people queuing up to buy Apple iPhone 5 grew by 83% over the same period last year. He predicted Apple will sell 8 million iPhone 5 as of this weekend. The research firm reiterated its Overweithg rating on APPL stock, and set the target on APPL stock price at $910.

Research firm Crownwell, Wedon & very optimistic on the growth potential of Apple, and it raised the revenue and EPS estimates for Apple and raised the target on AAPL stock price from $770 to $840. AAPL stock price edged up 0.20%, or $1.39, to $700.09 with 20.41 million shares traded, higher than the daily average of 14.45 million shares. Apple has a market cap of $656.27 billion and a P/E multiple of 16.46. Sine the release of iPhone 5 on Wednesday last week, AAPL stock price has risen more than 4%.

Apple Inc. (NASDAQ:AAPL) shares are up +0.81% to $704.39 while the stock is traded within the range of $701.51 – $705.07 in the current trading session. In the last 12 months the shares have traded between $354.24 and $705.07. The current session’s volume of 7.01 million shares is lower than their average daily trading volume of 14.45 million shares.

The stock price volatility was 0.90% for a week and 1.45% for a month as well as price volatility’s Average True Range for 14 days was 10.82 and its beta remained 1.21.The liquidity measure in recent quarter results of the company was recorded 1.57 as current ratio and on the other side the debt to equity ratio was 0.00 and long-term debt to equity ratio also remained 0.00. The Company had total cash at hand $27.65 billion and a book value per share as $119.22 in the most recent quarter.

AAPL generated revenue of 148.81 billion in the following twelve months and earned $40.13 billion. The Company showed a positive 26.97% in the net profit margin and as well as in its operating margin which remained 35.62%. Company’s annual sales growth for the past five year was 41.16%.

The stock showed weekly upbeat performance of +2.30% which was maintained for the month at +6.50%. Likewise the positive performance for the quarter was recorded as +21.47% and for the year was +70.26% while the YTD performance remained at +73.26%.

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