As of Friday's close of $525.96 AAPL is trading at 10.0 times my forward EPS estimate (7.4x ex-cash). Thanks to the new phones' successful launch and pricing confirming Apple's winning strategy, I'm finally able to revise numbers upwards. Potential guidance for the current quarter (Q1 FY 2014) looks very promising compared to WS consensus.
Detailed estimates:
3mo ending Sep-2013 Rev($M) EPS($) ------------------- ------- ------ Analysts consensus 36,820 7.92 Deagol estimates 38,051 8.66 (902m shares) 3mo ending Dec-2013 Rev($M) EPS($) GM(%) ------------------- ------- ------ ----- Analysts consensus 55,530 13.84 Apple guide lo (e) 57,000 14.25 37.0 Apple guide hi (e) 62,000 16.75 39.0 Deagol estimates 61,841 16.85 39.2 (882m shares)