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Old 07-09-2013, 01:46 AM   #1
Strikta
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That information is actually a tad inconclusive if you ask me. Apple's double digit profit nucleus was on the decline by 75% annually on most individual business scales, worldwide. Most investors bankrolled a gross installment & let the interest accrue before dumping stocks at an enormous rate almost instantly. Their estimates have plundered because of investors impatience & speculation. Just the way the cat shit cookie crumbled.
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Old 07-09-2013, 02:00 AM   #2
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@Philly what's not true? Because your examples are all different models of psychology (estimates, forecasts etc).

I said nothing about Apple being undervalued, I'm talking about it's performance over the past two quarters. Obviously it's undervalued. But It has been steadily falling due to the factors you pointed out, as well as public insecurity regarding corporate reshuffling, lack of innovation, underwhelming product launches, comeuppance of competing technology, etc. But the company's bottom line (IE how much money it's making, trend of market share, growth) are all increasing. The fact that it isn't increasing as a result of people's estimates isn't an accurate view of the company's real value. It's psychological. Animal spirits, as economists have labeled them.
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