Thursday, October 24, 2013

Carl ICAHN vs ARGUS INSIGHTS

So, a few hours ago, Apple stock was at $525 per share.  Now, after TWO PRESS ANNOUNCEMENTS, it is at $530.

Here's the Icahn story:

Carl Icahn to Apple: Now's time for $150B stock buyback

The effect of that buyback could be dramatic, Icahn says in letter to CEO Tim Cook: in three years, Apple's share price could swell to $1,250

And the last post was about Argus Insights, estimating that the 3rd quarter sales will DISAPPOINT.  Which would likely depress the stock, at least momentarily.

Think about it:  2 new iPhones, and a new iPad two days ago, and ARGUS says "they'll disappoint"   Actually, haven't the intro's already disappointed?  Is that baked into the price?

What is the Apple encore?  TV on your phone?  MobiTV offers that today; when Apple does it, the Android versions will likely prevail (Samsung builds both already, right?)

Is the Apple iPhone 'wristwatch' apt to be the winner?  Boy, talk to HP about HP-01.  HP was so proud of this years ago that they gave it their premier model number.

Either Icahn is right, or Argus is right?  Or, both could be right.  And, actually, both could be wrong.  

Enough to make a share owner nervous?

I'm betting on Argus

No comments:

Post a Comment