At around $424 AAPL is now trading at 9.1x my forward EPS estimate (5.9x ex-cash). These two quarters (June and September) really don't matter, but Apple better beat my revised long-term projections since I've set the bar quite low. I want to start revising numbers upwards from here on, for a change.
3mo ending Jun-2013 Rev($M) EPS($) ------------------- ------- ------ Apple guidance(mid) 34,500 7.13 (derived with 934m diluted shares) Analysts consensus 35,090 7.31 Deagol estimates 36,186 7.70 3mo ending Sep-2013 Rev($M) EPS($) ------------------- ------- ------ Deagol estimates 39,690 9.30 Analysts consensus 37,550 8.08 Apple guide (est.) 37,500 8.62 (derived with 922m diluted shares)