Skip to content
apple-investor

Apple Investor

Investing News and Strategies

Primary Menu
  • Analysts
  • Apple Products
  • News
  • Trading
  • Home
  • 2013
  • April
  • Maynard Um – Reiterates Outperform On Apple
  • News

Maynard Um – Reiterates Outperform On Apple

Frances Henderson April 19, 2013 1 min read
maynard-um-reiterates-outperform-on-apple-2

Maynard Um, Analyst, Wells Fargo

Um, this guy thinks both this quarter and next will come below his estimates, yet he reiterates an outperform rating. Hmmmm, Um….let’s see, below my estimates, yet still outperforms. Maybe I’m talking out of both sides of my mouth, Um, yes, yes, that’s the ticket… or not.

Apple having a pretty big day today, trying desperately to break out of that ominous descending wedge. Not even close to a breakout, but a healthy 1.7 percent advance as of 12:30 EST. The overall markets just shot out like a rocket, reaching new highs. So, it’s disappointing that Apple is still dislocated from the markets.

Shares of Apple (AAPL) are up 74 cents at $427.72, continuing pre-market gains, despite a negative article this morning by Reuters‘s Clare Jim stating that manufacturing partner Hon Hai Precision saw a Q1 revenue decline of 19%, which one analyst, KGI Securities’s Ming-chi Kuo, attributed to a greater-than-expected “correction” in iPhone sales.

Perhaps helping shares, Wells Fargo’s Maynard Um this morning reiterates an Outperform rating on Apple shares, writing that while both fiscal Q2 and Q3 (March and June) results could come in below his own estimates, “iPhone expectations are likely already tempered,” and baked into the stock, in his opinion, while “sentiment should improve post-earnings into a new iPhone launch, improving gross margins particularly with easing yr/yr compares in the back half and, with any luck, reset Street estimates.”
Read Source

Continue Reading

Previous: Kathy Huberty – Lowers Estimates For Apple
Next: Steve Milunovich – Apple Way Too Cheap We Are Seeing Fizzle Before The Sizzle

Related Stories

Only 38 Days to Apple’s WWDC15 only-38-days-to-apples-wwdc15-2
2 min read
  • News

Only 38 Days to Apple’s WWDC15

June 11, 2016
Apple Confirms October 16 It’s Been Way Too Long Event apple-confirms-october-16-its-been-way-too-long-event-2
1 min read
  • News

Apple Confirms October 16 It’s Been Way Too Long Event

June 11, 2016
Apple Takes the Lead in Supplier Responsibility, Accountability apple-takes-the-lead-in-supplier-responsibility-accountability-2
5 min read
  • News

Apple Takes the Lead in Supplier Responsibility, Accountability

June 11, 2016

Recent Posts

  • Alligator Indicator by Bill Williams
  • Best Stocks To Invest In
  • Blue Chip Stocks
  • How do I go about Investing My Money?
  • How to Evaluate Your Investments in 6 Easy Steps

News

Only 38 Days to Apple’s WWDC15 only-38-days-to-apples-wwdc15-2
2 min read
  • News

Only 38 Days to Apple’s WWDC15

Frances Henderson June 11, 2016
Apple’s World Wide Developer Conference starts on Monday June 8th and ends on the following Friday, June...
Read More
Apple Confirms October 16 It’s Been Way Too Long Event apple-confirms-october-16-its-been-way-too-long-event-2
1 min read
  • News

Apple Confirms October 16 It’s Been Way Too Long Event

Frances Henderson June 11, 2016
Apple confirmed yesterday that it would be hosting an event on Thursday October 16th. Sure, that much...
Read More
Apple Takes the Lead in Supplier Responsibility, Accountability apple-takes-the-lead-in-supplier-responsibility-accountability-2
5 min read
  • News

Apple Takes the Lead in Supplier Responsibility, Accountability

Frances Henderson June 11, 2016
It’s old news, yet Apple haters still argue with me, that Apple runs sweatshops in China, where...
Read More
Apple Volatility is on the Plate for 2015 apple-volatility-is-on-the-plate-for-2015-2
3 min read
  • News

Apple Volatility is on the Plate for 2015

Frances Henderson June 11, 2016
Happy New Year, and What a great year 2014 was for the Apple Auto Trader! This past...
Read More
How Did Apple’s Post Earnings Crash Affect You? how-did-apples-post-earnings-crash-affect-you-2
3 min read
  • News

How Did Apple’s Post Earnings Crash Affect You?

Frances Henderson June 11, 2016
[vc_row][vc_column width=”1/1″][vc_column_text]Be honest, I won’t tell. Did your brokerage account suffer a serious ding from that surprise...
Read More

You may have missed

Alligator Indicator by Bill Williams Alligator Indicator
7 min read
  • Apple Products
  • Trading

Alligator Indicator by Bill Williams

August 2, 2021
Best Stocks To Invest In stocks
4 min read
  • Investing
  • Trading

Best Stocks To Invest In

July 26, 2021
Blue Chip Stocks blue-chip-stocks
4 min read
  • Investing
  • Trading

Blue Chip Stocks

July 20, 2021
How do I go about Investing My Money? moneymoney
4 min read
  • Investing
  • Trading

How do I go about Investing My Money?

July 12, 2021
  • Terms of Use
  • Disclaimer
  • Strategy
  • FAQ
  • Privacy Policy
  • Testimonials
  • What You Get
Copyright © Apple-Investor. All rights reserved. | MoreNews by AF themes.