Apple, Inc. (NASDAQ:AAPL)

S&P 500 beatdowns. 1of 9.

AAPL "thinks differently". At least they claim to. Investors buy into this when buying their stock. The people who buy AAPL want to believe that AAPL relies on innovation to maintain their competitive advantage. When we see AAPL fall into the same "shady" pattern of tax "avoidance" as other corporations, they lose their "think different" appeal. Does this fundamental disappointment correlate to lower stock prices? I think so.

The stock is undervalued in the mid-$400 per share and will climb as Apple manages its overseas cash challenge and completes the stock re-purchse later in 2013.

I am generally in favor of the recent cash-management activities. If Apple stays pinned at 450 or lower, it will save the company a ton of money. If Apple actually finds a home much higher than that where it belongs, it still provides a great deal of flexibility to do a lot of different things with all that cash.

I will make a note about the recent $240 Apple stock target by a relatively unknown investor. I have never seen such poor analysis, masked as a numerical analysis in my investing tenure. Summary: Apple has high margins. I'm going to pretend that it doesn't. If Apple had significantly lower margins, they would be worth $250. Therefore they are worth $250.

It has been a long time since Apple introduced new products. Some Apple "investors" are restless and bored and many of them are chasing some other bright shiny things now that Apple isn't as sexy.

Long story short: I think the cash management should keep Apple pinned near $450. If the predicted pipeline begins to produce new products in Q3 and Q4 and beyond as promised by management, Apple will regain the "sexy" and we'll see it approach it's value sometime toward the beginning of 2014. I do think they will see some continued margin erosion on mature products, but that is priced in and then some.

Apple Price Target: 650

Downward chart pattern, momentum players selling, retest of recent lows, should be trading in the lower three hundred range soon, next two months

Apple has been an innovation leader throughout every recent technology trend (iPod, iPhone, iPad). As long as Apple keeps innovating and evolving, it will continue to set the standard in electronics for many years to come. As the brand continues to increase in influence in expanding mediums (rumors of an Apple TV in the works), their network effect will ensure existing products remain ubiquitous.

Apple will underperform until it releases another great hit product.

These companies i.e. Apple, Google, Amazon run on sentiment and rarely on technicals.

The volume of sentiment makes it even hard for the many technical oriented investors hard to stay rational

Hold on to your Apple stock. This company knows how to innovate, is agile and has changed the way we use our phones.

Just went to upgrade my iPhone and was told by the Best Buy rep that the new Samsung phone blows it out of the water. This is the fourth or fifth person to tell me how outdated and underwhelming the iPhone is compared to other similarly valued phones on the market.

http://www.apple.com

For the first time ever, Apple hit my Karma value screen and I bought it when it touch back down on its 50d EMA. This is probably bad news for the growth oriented investors, but it's firing on all cylinders for my value oriented screen with 12 of 13 positive flags. The only negative is the Graham value metric.

aapl

Over bought and investors taking their gains.

If you want to buy a boombox, you can find one with an iPod or iPhone cradle. Same with alarm clocks; these products aren't even made by Apple, but they lock people into Apple devices. Ever tried to buy an alarm clock with a Samsung cradle? Good luck with that.

Apple has created a huge moat for its ecosystem and continues to produce more products, and we can expect more product categories by the end of the year. Further, it's got a huge cash pile that it continues to grow. Heck, when you back out the cash, it's trading close to 6x earnings. I don't see how that can be justified. Apple was a steal at $700. At $450, it's a felony.
>Price target: $1450.

Apple will be coming out with a new device once possibly twice within a 4quarter period every year from now on. Each device better than the last. The other telecommunication companies are still trying to catch up to the iPhone 5. And the iPhone 5s will be out later this summer and 2 or 3 months after that launch we will see the iOS 7 software. And every iPhone model will be able to receive that SW upgrade. I just don't see any other company making progress like Apple. Not to mention, unlike Andriod and Blackberry devices, the apple products just simply work! They do not freeze up, turn themselves off, and they do not have to have factory resets once a month to try and keep working. Just look at how many warranty replacements there are for an Apple product and compare that number to the warranty replacements for Android or Blackberry or even Windows devices! Apple has the lowest amount of replacement devices by far! Why, you ask? I answer...because Apple products do not break. They do not malfunction. They do not have bugs or glitches. Simply said....Apple products just simply work 100% of the time! Period! I would trust my billion dollar company to be run through a Macintosh system before any other on the planet. So, I say this: just wait and see, Apple will corner the telecommunications market and whoever is not on board will be left in the Stone Age. Or begging for an upgrade (which they won't get. At lease not from the cell phone companies!) they are bullies! They make you spend money on a product you do not want because you can not afford the Apple product that you know will work longer than any other....and when that crappy device they made you buy or gave to you for free breaks down or the warranty runs out...all they say is "my bad, you have to wait another year for your upgrade date! Or you can buy a used device for the same price as a brand new one but it will be the same make and model of your broke device! Now, someone (with common since) please tell me how that makes any since?!? Why would a sane and rational human being agree to that. You might as well mail corporate 3 to 400 dollars and tell them to have lunch on you today! I apologize for my venting and getting off subject, but I just feel like the customers who don't make 5 or 6 figures a year or the customers that don't live off welfare (yes I see people with no jobs but driving better cars and have the newest phones and laptops that have just come out in stores all paid for with government welfare checks! And I'm working my butt off with 2 jobs and can not even get my disability awarded to me. Or Medicare as well. Cause that was denied. AND I HAVE A DISABILITY, but because I don't want to lay on my but all day for the rest of my life. I was denied my disability because I can still work most of the time!
BARAK OBAMA, Mr. President, THAT MY FRIEND IS A SAD WORLD WE LIVE ON! And your the President of it! Maybe if I didn't have anything wrong with me I could get my disability and not work and then come pick you up Mr.President, for lunch (I'm buyin) in my new 5series S Class BMW! That I paid cash for! THANKS TO MY DISABILITY CHECK YPU GAVE ME! When I clearly am as healthy as, well, as someone WITH a disability! I just pray society sees the light! And soon! Or I'm going to be crippled and have no way to pay my water bill! And believe it or not...I'm only 37 years old!
But, back yo the topic. Take my word for it. With in 3 to 5 years...Apple will control this electronic and telecommunication industries. Haha...I BET ME DISABILITY CHECK ON IT! Good day!

finally bottomed......

due to it's volume

They have 57% of the total smart phone market. They also have a low P/E ratio.

Apple has been significantly undervalued by the market. It has had several fantastic years of outstanding growth because it had created several products that were so advanced that everyone wanted them and they had no competition. Now that they finally do have some competiton, the market has written Apple of as if it were a has been. This is in spite the the numbers, the extreme customer loyalty Apple has, the high quality of its products, the substantial future product upgrades it will undoubtedly have from its customer base, the minimum of at least several years of continued market growth remaining for the product that it invented, and its unmathed and ever growing cash reserves. In addition, its most important asset, its employees, is still largely intact, minus one. These employees made Apple one of the most important and successful companies in the world and number one as measured in many of the most important categories when compared to its competitors as well as any of the other successful businesses around. These same employees will not only continue to make Apple extremely competive with its existing products, as they have in the past and do currently, but, they will continue to provide the world with new and exciting product categories that will help make our lives easier and more productive. The market has entirely discounted new products from Apple. This is a big mistake. While very rare, when the market does make a significant error, it is usually very profitable to act.