Thursday, October 25, 2012

Apple Inc. (AAPL) Misses Estimates; Shares Halted In after Hours Trading

Apple Inc. (AAPL) posted its earnings today, after the closing bell. The results have left more than a few people confused, and upset.

Although the company showed a 25% rise in profit this quarter, it seems that analysts were all wrong about just how well the company was doing. The tech giant missed estimates, and shares dropped in price, until they were halted in after hours trading.

The entire report can be read on, where all the numbers from the earnings report have been posted. In the meantime, it will be interesting to see just how much investors' confidence in the world leader of smart phones and tablets has been shaken. Share price has fallen since it reached its high water mark of $705 earlier this year, and this is sure to cause the price to drop even more.

Gene Munster Still Says $910 Per Share On Apple

It's no secret that Apple Inc. (AAPL) has had a good year, or even a great year, by any standard of measurement. The stock has been boosted to all time highs in recent months, notably by the launch of iPhone 5. -->

  One person, who has watched Apple very closely, and has not been shy in expressing his love for the company, is Gene Munster, of Piper Jaffray. Munster has repeatedly called Apple stock a buy, and even when the stock began its free-fall from the high mark of $705 per share, he reiterated his feelings on the stock being worth the price.

 Now, Apple Inc. will be reporting earnings after the closing bell today, and Munster has once again made predictions about the company. Munster notes that AT&T Inc. (T) alone, recorded 4.7 million iPhone activations this quarter, which is up 27% from the previous quarter. Munster, however, believes that iPhone sales for Apple will be down 4% from last quarter. He notes that according to Piper Jaffray's figures, non-iPhone 5 sales were down approximately 8% for AT&T, and 9% for Verizon. However, the analysts had thought that non-iPhone 5 sales would be down as much as 35% quarter over quarter. It appears that sales of older iPhones have done better than expected.

 Munster does note that Apple may have made a mistake in not stocking up on iPhone 5 models in the months ahead of the launch, as it seems that supply and demand may have been a cause of lower sales numbers. He notes however, that he stands by his estimates of 25 million iPhones, he also believes that the company's expectations for the September quarter are achievable, possibly due to the iPad sales.

 Munster has estimated that Apple Inc. will report $8.38 per share in earnings for this quarter, and $43.87 per share for this fiscal year. He also says he believes revenue will come in at $155.025 billion for 2012, with the fourth quarter holding $34.483 billion of that revenue.

 For once, the Street holds a higher estimate than Munster on Apple's earnings, as consensus points to $8.75 per share in earnings, and a total revenue of $35.802 billion for the quarter. Munster does, however, stand by his price target of $910 per share on the company.

Apple iPad: Tricks And Tips To Help you Get The Most Out Of It

If you have recently bought an iPad, then you have already learned the same lesson many other users have learned. Apple forgot to send a user's manual, or did they? One of the key tenets of Apple is their products' ability to be easily used. This is also true of the iPad.

However, there are many different tricks and tips you can use to unlock the full potential of your iPad. After all, if you're like me, you need your device for more than simply checking your email, or watching YouTube videos. You want your investment to really be worthwhile.

Many users have already found a great way to learn more about their iPad than they even though possible. iPad Pete, a self proclaimed "super geek", has put together some great videos to help you unlock your devices best features. While these videos are not designed to help jailbreak your device, they are designed to help you learn exactly how it works, which in turn, helps you learn exactly how to work the device.

By learning how to access all of the features which are not explained on the home screen, you can find out just how much your iPad is capable of. This will help reinforce your decision to invest in such a powerful little machine.

The best part about these videos, is that they're already updated for iOS 6, and are ready to help you get the most out of your device, no matter which iOS system you use. To get the videos, click the link below, and gain insight from iPad Pete, as he walks you through your device's amazing features, and shows you some things you probably did not know about your iPad.
To find out how to get these videos, click Here!