Now that AAPL could be in its "all time low" position equivalent to the post crash 1987 bottom in December 1987, it is time to really examine your view of AAPL here with its huge and no debt, it's negative news out of China and how there is still a large opportunity there going forward, their ultra-low valuation relative to cash flow, sales and , and decide how much exposure you want to the stock. Maybe this is one of those times when a year from now you can say "I bought AAPL at the lows in 2013"
That's what analysts anticipate in Tuesday's second-quarter earnings report, which will spell out the company's performance through the end of March.
Wall Street is expecting Apple to post earnings of $10.12 per share on sales of $42.6 billion, based on a poll of 48 analysts from Thomson First Call. That's down from earnings of $12.30 per share, and up from the $39.2 billion in sales from the same quarter a year ago.
Apple's own expectations for profits during the quarter came in between $9.23 and $10.23 per share on sales of $41 billion to $43 billion.
*Let's assume they make $10 in earnings per quarter x 4 quarters and you have $40/year in earnings. Using a simple 10 times earnings gives you $400 valuation, but hardly adjusts for the fact they have zero debt and $100 billion plus in cash on the balance sheet.