Even though there wasn't a lot of news about any of the companies, Apple (Nasdaq: AAPL), Facebook (Nasdaq: FB), and Netflix (Nasdaq: NFLX) were all big movers in today's market. Apple closed the day up over 4%, and Netflix's shares sagged by an equal amount. Meanwhile, Facebook closed the day down only 0.8%, but with heavy midday selling.
As Fool technology analyst Eric Bleeker describes in the video below, all three companies seem to be reacting to a rash of recent news instead of anything new today. Netflix shares are under pressure as activist investor Carl Icahn is setting his sights on new targets. Apple continues to react to news of production cuts, possibly bouncing back today after an overreaction to the downside to begin the week. Facebook is taking a pause after a recent rally, thanks to investors unimpressed with their recent social search offering. To learn Eric's thoughts on why the stocks are moving, as well as some key upcoming catalysts for each stock, watch the video below.
Apple has been a longtime pick of Motley Fool superinvestor David Gardner, and has soared 219.20% since he recommended it in January 2008. David specializes in identifying game-changing companies like this long before others are keen to their disruptive potential, and he helps like-minded investors profit while Wall Street catches up. I invite you to learn more about how he picks his winners with a free, personal tour of his flagship service, Supernova. Inside, you'll discover the science behind his market-trouncing returns. Just click here now for instant access.
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Report this Comment On January 16, 2013, at 5:34 PM, dwilh51183 wrote:
INVESTOR'S DO NOT LISTEN TO CNBC!
CNBC's sole purpose is to crash Apple stock because they all have "short positions" in Apple. They are giving horrible advice. Apple is a great investment ,a quality company, and they are going to BLOW AWAY estimates. SEARCH FOR TOPECA CAPITAL ANALYST BRIAN WHITE'S video from yesterday and today. He is right on the money in regards to AAPL'S BRIGHT FUTURE. THE STOCK TRADES AT A P.E OF 7 BACKING OUT THE CASH. AAPL pays a good dividend, and its going to be raised. AAPL is buying back shares also.AAPL HAS great new products coming out, JUST WAITING ON GOOG AND SAMSUCK TO COPY
Report this Comment On January 16, 2013, at 5:34 PM, dwilh51183 wrote:
Sacconaghi said he was maintaining his outperform rating and a $750 price target on the shares. That was because in the longer term, Apple offered “a compelling combination of attractive growth, reasonable price, and significant future option value.”He added that the company was also due for a dividend raise this year, another factor in its favor: “We believe that Apple’s announcement of a dividend in early 2012 was a significant catalyst for the stock, and that the company ought to consider raising its dividend this year, and potentially taking on debt to do so.”
Report this Comment On January 16, 2013, at 5:35 PM, dwilh51183 wrote:
when it comes to Apple we need to look to the long term. This week, we received some great news that reaffirmed Apple's forward prospects. First, the company reported that customers have downloaded over 40 billion apps—nearly half of which were downloaded last year alone. December brought a record-breaking two billion app downloads. To date, the App Store offers over 775,000 apps, which translates in additional revenue for Apple.
But that's not all. According to market research firm Kantar, the iPhone commands more than half of the U.S. smartphone market for the first time ever. The iPhone now boasts 53.3% market share while Android's market share fell to 41.9%. Meanwhile, the Windows Phone has 2.7% market share while the Blackberry has a paltry 1.4% of the market.
This is significant because the iPhone remains a strong growth driver for Apple—despite the regular upgrades, U.S. consumers still can't get enough of this premium smartphone. Some analysts forecast that Apple sold nearly 51 million iPhones last quarter, a 43% jump over the same quarter last year. LOU NAVELLIER...considered the best stock picker in America today
Report this Comment On January 16, 2013, at 5:36 PM, dwilh51183 wrote:
According to market research firm Kantar, the iPhone commands more than half of the U.S. smartphone market for the first time ever. The iPhone now boasts 53.3% market share while Android's market share fell to 41.9%.Charlie Wolf with Needham & Company said. "But in view of the fact that Mac sales held steady at around 520,000 units but overall PC sales declined by 265,000 units from 1.90 million to 1.64 million units, we believe the inescapable conclusion is that the iPad is beginning to cannibalize a material portion of PC sales in this market."
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