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.