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Financial Alchemist
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Financial Alchemist covers financial markets and investing. Current market conditions are analyzed as well as investment opinion on select stocks. Additionally, the site includes fundamental analysis strategies and insight regarding market theory. Ar
Recent Posts Tagged With 'iphone'
Apple Inc (AAPL): Current Valuation Still Reasonable
Apple Inc. (nasd:AAPL) $162.83- Despite Apple shares rising more than 100% from its 2009 low of $78, the stock still appears to be attractively valued especially as a long-term holding. Using cash-flow and non-GAAP earnings, AAPL trades at less than ...
Apple Inc (AAPL): iPhone's Substantial Impact on Gross Margin
Margins held steady Q/Q at 36.3% (down 10 bps) versus expectation of ~200 bps of margin contraction due to mounting headwinds.Management issued Q4 GM guidance of 34%, 100 bps higher than Q3 33% GM guidance (which AAPL exceeded by 330 bps).Considering...
Apple Inc (AAPL): Examining the Prospects of a Low-Cost iPhone
Apple Inc (nasd:AAPL) For some time, many have speculated about an arrival of a $99 iPhone. Some analysts expect a low-cost model with scaled back features, such as 2.5G instead of 3G, no GPS, and possibly a smaller form factor. While I believe a low...
Apple's FY09 EPS Estimate Too Low
Apple Inc (nasd: AAPL)- Apple’s FY09 EPS estimate continues to be revised downward and now stands at a $5.08, a level Apple should easily exceed. The consensus FY09 estimate represents a 5.2% decline from FY08 $5.36 EPS, although revenues are forec...
Calculating Gross Margin for Apple's iPhone (4Q08)
APPLE INC (nasd:AAPL) According to my calculations, deferred revenue booked from Q4 iPhone sales carries a 55.5% gross margin. Gross margin on the deferred revenue (DR) booked from the first generation model averages about 29%. The average gross marg...
Analyzing Apple's iPod Business
Apple Inc. (nasd:AAPL)- Slowing iPod sales growth has been one of the chief concerns among AAPL investors because the iPod has historically been a major contributor to Apple’s overall revenue growth. The concern stems from the belief that the PMP m...
Taking an Alternative Perspective on Apple's iPod Growth
Apple Inc. (nasd:AAPL)- Analysts and the media have regularly cited slowing iPod sales as a major headwind for Apple shares. The iPod has been a major force in Apple’s total sales growth since it has been such a large percentage of Apple’s overal...
Apple's FY09 Gross Margin Expectations Too Low
Apple Inc (nasd: AAPL) - Apple’s FY09 gross margin should well-exceed management’s guidance of 30%. There are multiple factors that will support FY09 gross margins. 1) As iPhone’s revenue contribution to total company sales increases, overall g...
Apple to Surpass its iPhone Sales Goal of 10M in CY08
This article was a collaborative effort with: Andy Zaky from Bullish Cross Based on the tremendous efforts by members at Mac Observer’s AFB to track IMEI iPhone numbers, Apple has drastically surpassed analyst’ Q4 iPhone sales estimates, and...
