Apple; nuff said

• llboyd
• April 22nd, 2009

In the midst of this earnings season, all eyes are on Apple who reports today after market close. There are a TON of resident Apple experts on StockTwits and many share the opinion that today nothing matters until its earnings are announced and digested. AT&T, the exclusive U.S. service provider for Apple’s iPhone, posted better than expected earnings this morning, which many on StockTwits are looking to for insight into Apple’s results. The big data point is that AT&T activated 1.6 million iPhone 3Gs during its fiscal Q2.

Apple’s stock has been on a tear gaining nearly 40% since the beginning of March, so it’s safe to say that the market has fairly bullish expectations. Many accuse Apple of sandbagging its guidance, so there is surely added pressure to beat estimates. It’s probably safe to say that if Apple misses, watch out below. A consensus seeming to come through the StockTwits feed today is that Apple will hit/beat earnings, but will sell off on the news given the huge run-up in the stock; though many remain bullish long-term.

All of this data and insight can be gleaned from the StockTwit’s Apple Stream. A few of the many great comments regarding Apple from this morning’s chatter are below.

- @llboyd

howardlindzon: Apr. 22 at 9:59 AM also re $aapl the media is focused on MAC slowdown when all that matters is iphones and app store numbers so FOCUS if you must trade it.

Dasan: Apr. 22 at 10:04 AM $T iPhone activitations implies uside to street cons 3.0M $AAPL iPhones

SteveBirenberg: Apr. 22 at 10:06 AM Morning weakness being bought again. Bullish. $T looks good. Clean EPS beat. iPhone working. Probably a good read through to $AAPL iPhone.

fromedome: Apr. 22 at 10:18 AM @howardlindzon iPhone shipments nice, but sub. accounting limits impact. Gross margin (and GM guidance) more impt I think. Thoughts? $AAPL

cordial: Apr. 22 at 10:23 AM $AAPL report to be ahead of expectations, strength in iPhone’s and Touches offset by weakness in Mac’s. Guidance conservative as normal.

A_F: Apr. 22 at 10:26 AM $AAPL to 132 on earnings -iphone carrier wins/hints of new product/smart phone mrkt exploding …EARNINGS will be the minor component

2HK: Apr. 22 at 10:27 AM @StockTwits apple beats the street on higher iphone sales and sells off on the news $aapl

rgruia: Apr. 22 at 10:35 AM Key question: how many iPhones did $AAPL ship globally in the Q? Prob. 3.3-3.7 million. We will find out later today Apple iPhone

BenjiGoldberg: Apr. 22 at 11:17 AM @aiki14 funny because as long as I’ve been watching $AAPL earnings day always means a big drop in stock price, despite profits

nyc_mom: Apr. 22 at 11:03 AM @kevinseattle $AAPL goes up $3-7 unless a Jobs’ bombshell is perceived (rightly or wrongly) by analysts

AppleInvestor: Apr. 22 at 12:09 PM @mpgtrader Yes, and right now investors are easily spooked. So unless$AAPL earnings are beyond blowout, they’ll print black candle tomorrow

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