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James Trionfero

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4/01/08
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Stock Pick by James Trionfero

AAPL: AAPL TO RISE

Start trading AAPL with real money!

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4 ratings
Posted 120 days ago on 7/23/09

AAPL will go UP
$300.00 on 7/23/10 (244 days left)
$199.92 (26.68% from time of market call)

Everyone knows Apple, it's a household name. What many don't know is that Apple currently recognizes income from the sales of the coveted iPhone over it's useful life. This means that while Apple is crushing estimates it doesn't include much of the revenue that was truly earned from sales. This distorts Apple's earnings and will subsequently increase income in future quarters. This means that Apple's estimates for future earnings might be skewed a great deal and thus future beats are inevitable; the stock should rise substantially over the next 12 months.

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