Bullish Cross

Did J.P. Morgan's Foxconn analyst forget about Brazil?

A report out of Apple's Asian supply chain may have sent the wrong signal to Wall Street

Apple (AAPL) shares fell sharply in early trading Monday following a widely reported note to clients from J.P. Morgan's Gokul Hariharan to the effect that multiple supply chain vendors in Asia have registered a 25% cut in fourth-quarter iPad 2 orders from Apple -- "the first cut ever we've seen" according to Hariharan. (Business MORE

The blogger who called Apple's bottom

On June 17, he told readers to buy AAPL at $320. The stock took off two days later.

We gave Andy Zaky, an independent analyst with a enviable track record, a hard time a few weeks ago.

He had just published a report on his Bullish Cross blog (reposted on Seeking Alpha) advising investors to buy Apple (AAPL) at $320. Although his three previous Apple buy signals had proved prescient, we took MORE

Why Apple goes up in the summer and down in winter

There's a seasonality to the company's share price. So beware those January 2012 calls.

With the usual caveat that past performance is no guarantee of anything, two recent reports have uncovered interesting patterns in Apple's (AAPL) share price.

Two weeks ago on Seeking Alpha, Jason Schwarz documented a weekly cycle of Monday lows and Thursday highs. Over the past 32 weeks, he reports, Apple's share price has fallen from Friday to Monday MORE

Bloggers vs. Pros on Apple's Q3: Yet another $2 billion gap

If you ask about sales in the quarter that just ended, you get three very different answers

Apple's (AAPL) third fiscal quarter of 2011 ended Saturday at midnight. How did it go? That depends whom you ask.

In April, Apple CFO Peter Oppenheimer told analysts he expected Apple to earn $5.03 per share on sales of $23 billion. But given how Apple tends to low-ball its forward-looking guidance, nobody really believed him.

The MORE

Bullish Cross issued a rare 'buy' on Apple Friday

Not that it has done any good. Shares fell 1.5% that day and opened 0.9% lower on Monday

We've been following Andy Zaky's posts on Bullish Cross since 2007 and have found, as he likes to remind readers, that he's one of the best independent analysts following Apple (AAPL). His estimates of Apple's quarterly earnings are uncannily accurate. In the years we've been tracking them, they've never failed to beat those MORE

How can they call Apple the 'darling of Wall Street'?

The stock is up 330% since its 2008 low, but that's really nothing to write home about

In an article posted Friday on Seeking Alpha, Fortune.com contributor Andy Zaky takes aim at a phrase that has attached itself to Apple (AAPL) recently: "the darling of Wall Street." (Google it; you'll be surprised how often it pops up in the financial press.)

Apple is a darling, the thinking goes, because the stock has MORE

Snapshot of an Apple flash crash

What triggered the sell-off that knocked $10 billion off the company's market cap?

Something happened to Apple's (AAPL) share price Thursday afternoon that has investors still scratching their heads.

The stock, which had been sailing along near its all-time high of $360 a share, started to drop at about 1 p.m. Then, at 1:39, it collapsed, falling from $355 to $349 in the space of four minutes.

In all, $10 billion got MORE

Apple cracks $320

Apple (AAPL) set a new all-time intraday high Thursday, hitting $320.18 shortly after 11:00 a.m. EDT, up $7.38 (2.4%) from Wednesday's close.

Apple closed at $318.27, up $5.47 for the day.

The stock's latest run-up seems driven more by the broader market than by any news out of the company -- although a rising tide tends to lift Apple's stock more than most these days. After a string of record-breaking quarters, Apple MORE

How Apple maintains explosive earnings growth

It's now the second-largest company in the U.S., and it still manages to grow its earnings by more than 50% a year.

by Andy M. Zaky, contributor

In the four years I've followed Apple (AAPL) as it's grown from a mere mid-sized tech stock to becoming the second largest corporation in the United States in terms of market capitalization, I never imagined that it or any other company of its size would MORE

What to make of Apple's new volatility

When the market falls, Apple shares usually fall further. Investors should brace for the worst if the broader market continues its decline.

By Andy M. Zaky

For as long as I can remember, Apple (AAPL) has been a slave to the direction of the broader market despite its unusually strong fundamentals. Whenever the broader market sells off, Apple's drop is more severe. When the market rallies, investors tend to focus on MORE