View overall analysts rankings for AAPL
67 estimates included in consensus
Wall St Consensus
Apple Shares plunged recently when Wall Street generally corrected all shares sharply downwards following the release of its share dividend at the end of April 2015. There was no fundamental reason for this given that Apples dividend was higher than previous. Also Apple has been working hard to release its smart watch whose sales have yet to take place. Apple is also the leader in the Smart Phone field with Samsung Following so there is plenty of scope to increase sales of Smart Phones by simply upgrading the current models with more RAM memory - longer battery life, faster charging. In my experience as an Apple engineer - Apple have always got these models in reserve in the pipeline in R&D and can react to maket sales decline by simply releasing one of these new models from R&D and into production. Secondly Apple are experts in "built in obsolescence" meaning that they actually design there products to fail within 3 years and in my experience usually just after the guarantee warranty runs out. All these factors perpetuate demand for their products for consumers. Lastly Apple Smartphones are seen as the must have items by youngsters who like to brag that they own the latest and most expensive models so there is an untapped market for gold plated and solid gold models. I expect to see a rapid return to the highs it demonstrated prior to its last dividend release and beyond well before the end of May 15!
Apple pay & Apple watch dhole enhance both top & bottom lines.
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