Showing posts with label F1Q12. Show all posts
Showing posts with label F1Q12. Show all posts

Monday, January 9, 2012

Fiscal 1Q 2012 Final Estimates

Apple shares today are flirting around the record all-time intraday high price of $426.70, yet that still represents a record low valuation of 8.6 times my forward-looking EPS estimate (6.6x ex-cash).

A cash balance of $409 per share is estimated by June 2016, and $432 by the end of that Fiscal Year in September 2016, still surpassing the current market price within 5 years from now (this assumes no dividends so if you're reading this in 2016 remember to add back any of those plus interest).

As for the most recent past, and immediate future:


3mo ending Dec-2011   Rev($M)   EPS($)
-------------------   -------   ------
Apple guidance         37,000     9.30
Analysts consensus     38,280     9.87
Deagol estimates       41,895    11.58