FollowFor many years now, Apple Inc. had been a dream company for the investors from all over the world. The reason for this can be linked to the profits the company was able to bag from time to time. But now the scenario seems to be changing as the earnings of the company are not expected to reach the levels which the economists and analysts had expected. In other words, the investors are quite vary now in terms placing huge stakes in the company.
The smartphone market is also giving a tough competition to the sales of the Apple iPhone and all other devices. The prime competitor in this regard is Samsung whose S3 and S4 have managed to beat the iPhone 5 sales and earnings. In fact, the number of android phone sales for Samsung has managed to beat the products of iPhone by a huge gap. The options pricing formulas on Friday have suggested a major move in terms of the post earnings for the company. The move is going to be about to a level of about 7.5 % till the 26th of April.
This is indeed far more than what had been seen in the past and is also a reflection of the fact that the stocks of the company are getting more and more volatile. Not long ago, iPhone was the largest among all the companies in terms of the market value, seems to be losing its grounds now. The shares were seen as below as $ 400 on Thursday for the first time ever since the month of December 2011. It has also shed an amount of about $ 300 million since the times it peaked to the amount of about $ 705.07 million. Enis Taner said in this regard that the tables have turned now and gone are the times when being the only bear on the company used to be quite a lonely position.
The biggest earnings swing for the company was seen in the month of January this year the drop in which was at the level of about 12.4 %. Apple is still expected to an increase in the revenue and earnings for this quarter which would be the weakest in terms of the past performances.
