DeagolModel_F09Q1.xls
Long term recommendation:
STRONG BUY below $189
buy from $189 to $211
neutral from $211 to $235
sell above $235
.
.
3mo ending Dec-2008:
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FY09Q1 Revenue($B) EPS($)
----------- ------
Apple guidance 9.50 1.21
Analysts cons. 9.85 1.39
My estimate 10.88 1.80
My non-GAAP e. 13.43 2.83
.
Product Units(M)
------- --------
Mac 2.7
iPhone 6.0
iPod 19.5
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3mo ending Mar-2009:
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FY09Q2 Revenue($B) EPS($)
----------- ------
Analysts cons. 8.33 1.13
My estimate 9.64 1.52
My non-GAAP e. 10.77 1.97
Apple gd (est) 8.85 1.15
.
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12mo ending Sep-2009:
.
FY09 Revenue($B) EPS($)
----------- ------
Analysts cons. 36.17 5.05
My estimate 41.13 6.50
My non-gaap e. 47.10 8.92
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Valuation (25 x fwd EPS):
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Timeframe Period Price fwd-12mo EPS
------ ----- ------------
Fair Value Mar-09 189 7.57
1yr Target Dec-09 235 9.40
Analysts mean target 131
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http://stashbox.org/browse.php?q=user%3Adeagol+aapl




deagol // January 14, 2009
Oops, in my zeal to keep these files tidy, I ended up losing a couple of your comments. Apologies to chartguy and gerard, and thanks for your interest and support.