{"id":1049,"date":"2018-08-15T12:03:36","date_gmt":"2018-08-15T12:03:36","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=1049"},"modified":"2018-11-23T03:36:12","modified_gmt":"2018-11-23T03:36:12","slug":"the-trillion-dollar-company-5-expert-opinions-on-apple","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/the-trillion-dollar-company-5-expert-opinions-on-apple\/","title":{"rendered":"The Trillion Dollar Company : 5 Expert Opinions on Apple"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-1058\" src=\"https:\/\/stockchase.com\/discover\/wp-content\/uploads\/2018\/08\/180604182311-apple-market-trillion-780x439-760x428.jpg\" alt=\"180604182311 apple market trillion 780x439\" width=\"760\" height=\"428\" \/><\/p>\n<p>[adinserter block=&#8221;4&#8243;]<\/p>\n<p>On August 2, 2018, Apple stock price hitting the $207.5 mark to become the world&#8217;s first trillion dollar company.<\/p>\n<p>The critic might say &#8211; Apple is not the first trillion dollar company. <\/p>\n<p>It was PetroChina in 2007. <\/p>\n<p>But there are two issue here. Only 2% of the PetroChina was floated in the initial public offer, and second it was on &#8220;China&#8217;s&#8221; Shanghai Stock Exchange.<\/p>\n<p>There is a common factor among these two biggest companies. It is &#8220;Warren Buffett&#8221;. He made an investment in both the companies.<\/p>\n<p>Apple stock price jumped on the back of strong earnings results provided on July 31th. Apple provided its third quarter numbers for FY2018. It reported the Earnings Per Share of $2.34 which was above $0.16 above consensus expectations. The Company reported Revenue of $53.3 Billion (+17.4% yoy)\u00a0which was above $870 Million above consensus expectation.<\/p>\n<!-- TradingView Widget BEGIN -->\r\n<div class=\"tradingview-widget-container\">\r\n  <div id=\"tradingview_1756aa\"><\/div>\r\n  <div class=\"tradingview-widget-copyright\"><a href=\"https:\/\/www.tradingview.com\/symbols\/BATS-AAPL\/\" rel=\"noopener\" target=\"_blank\"><span class=\"blue-text\">AAPL chart<\/span><\/a> by TradingView<\/div>\r\n  <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/tv.js\"><\/script>\r\n  <script type=\"text\/javascript\">\r\n  new TradingView.widget(\r\n  {\r\n  \"autosize\": true,\r\n  \"symbol\": \"BATS:AAPL\",\r\n  \"interval\": \"D\",\r\n  \"timezone\": \"Etc\/UTC\",\r\n  \"theme\": \"Light\",\r\n  \"style\": \"3\",\r\n  \"locale\": \"en\",\r\n  \"toolbar_bg\": \"#f1f3f6\",\r\n  \"enable_publishing\": false,\r\n  \"hide_top_toolbar\": true,\r\n  \"allow_symbol_change\": true,\r\n  \"save_image\": false,\r\n  \"referral_id\": \"12055\",\r\n  \"container_id\": \"tradingview_1756aa\"\r\n}\r\n  );\r\n  <\/script>\r\n<\/div>\r\n<!-- TradingView Widget END -->\r\n\u00a0\n<p>Below are the Top 5 Expert Opinions we found on Stockchase on the Apple Stock&#8230;.<\/p>\n<div class=\"perfect-pullquote vcard pullquote-align-full pullquote-border-placement-left\"><blockquote cite=\" https:\/\/stockchase.com\/tables\/opinions\/view\/186354\"><p>First company to reach the trillion-dollar market cap. He really likes this company. They are kicking on all cylinders. A cash hoard that is staggering. <\/p><footer itemscope itemtype=\"http:\/\/schema.org\/Person\"><cite><a href=\" https:\/\/stockchase.com\/tables\/opinions\/view\/186354\" class=\"url\" target=\"_blank\" itemprop=\"url\"><span itemprop=\"name\">Richard Croft<\/span><\/a><\/cite><\/footer><\/blockquote><\/div>\n<div class=\"perfect-pullquote vcard pullquote-align-full pullquote-border-placement-left\"><blockquote cite=\" https:\/\/stockchase.com\/tables\/opinions\/view\/186235\"><p> This is a great company but its business has evolved. Its penetration in developed markets is very high and so its sales are replacement cycle. In less-developed markets, the phone is so expensive that it is difficult to increase penetration. The company has a lot of cash, but it is not using it. In addition, the company has grown so quickly over the last few years that continuing the momentum will be a challenge. For someone who has owned this company for a while, he would recommend taking the cost basis off the table. He doesn\u2019t expect this to have a huge correction, which is what he expects for Twitter, but he does expect Apple to become range-bound. <\/p><footer itemscope itemtype=\"http:\/\/schema.org\/Person\"><cite><a href=\" https:\/\/stockchase.com\/tables\/opinions\/view\/186235\" class=\"url\" target=\"_blank\" itemprop=\"url\"><span itemprop=\"name\">Darren Sissons<\/span><\/a><\/cite><\/footer><\/blockquote><\/div>\n<div class=\"perfect-pullquote vcard pullquote-align-full pullquote-border-placement-left\"><blockquote cite=\" https:\/\/stockchase.com\/tables\/opinions\/view\/185850\"><p> He puts it in the same boat as AMZN-Q.\u00a0 How long can it maintain that competitive dominance?\u00a0 <\/p><footer itemscope itemtype=\"http:\/\/schema.org\/Person\"><cite><a href=\" https:\/\/stockchase.com\/tables\/opinions\/view\/185850\" class=\"url\" target=\"_blank\" itemprop=\"url\"><span itemprop=\"name\">Tim Regan<\/span><\/a><\/cite><\/footer><\/blockquote><\/div>\n<div class=\"perfect-pullquote vcard pullquote-align-full pullquote-border-placement-left\"><blockquote cite=\" https:\/\/stockchase.com\/tables\/opinions\/view\/185798\"><p> What will Apple do with their cash holdings? \u00a0They will either grow the dividend, buy back shares, or they will continue on acquisitions and R&amp;D. \u00a0They will not likely do only one, but a combination of all three. \u00a0A great stock to hold long term.\u00a0 <\/p><footer itemscope itemtype=\"http:\/\/schema.org\/Person\"><cite><a href=\" https:\/\/stockchase.com\/tables\/opinions\/view\/185798\" class=\"url\" target=\"_blank\" itemprop=\"url\"><span itemprop=\"name\">David Burrows<\/span><\/a><\/cite><\/footer><\/blockquote><\/div>\n<div class=\"perfect-pullquote vcard pullquote-align-full pullquote-border-placement-left\"><blockquote cite=\"https:\/\/stockchase.com\/tables\/opinions\/view\/185774\"><p>\u00a0He continues to love Apple. He sees a 17.5% upside. <\/p><footer itemscope itemtype=\"http:\/\/schema.org\/Person\"><cite><a href=\"https:\/\/stockchase.com\/tables\/opinions\/view\/185774\" class=\"url\" target=\"_blank\" itemprop=\"url\"><span itemprop=\"name\">Brian Acker, CA<\/span><\/a><\/cite><\/footer><\/blockquote><\/div>\n<div class=\"perfect-pullquote vcard pullquote-align-full pullquote-border-placement-left\"><blockquote cite=\"https:\/\/stockchase.com\/tables\/opinions\/view\/185171\"><p>It&#8217;s his longest-held position (since 2006). Valuation is 14x. It&#8217;s becoming less dependent on the iPhone, and doesn&#8217;t need to rely on its future growth as much now. At current levels, it&#8217;s a little off its high. $170 is its 200-day average, so it would be a screaming buy at that level.<\/p><footer itemscope itemtype=\"http:\/\/schema.org\/Person\"><cite><a href=\"https:\/\/stockchase.com\/tables\/opinions\/view\/185171\" class=\"url\" target=\"_blank\" itemprop=\"url\"><span itemprop=\"name\">Don Lato<\/span><\/a><\/cite><\/footer><\/blockquote><\/div>\n<p>As of August 15th 2018, Apple had a 18.97 P\/E Ratio. In comparison, Amazon has a 149.89 P\/E ratio. While the market thinks Amazon will continue to grow faster than Apple, AAPL&#8217;s stock might still have some room to grow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[adinserter block=&#8221;4&#8243;] On August 2, 2018, Apple stock price hitting the $207.5 mark to become the world&#8217;s first trillion dollar company. The critic might say &#8211; Apple is not the first trillion dollar company. It was PetroChina in 2007. But [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":1058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[36],"tags":[31,30,19,20],"class_list":["post-1049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending-stocks","tag-apple","tag-returns","tag-stocks","tag-trend-following"],"wppr_data":[],"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/1049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=1049"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/1049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/1058"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=1049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=1049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=1049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}