Picks for 2012

[Grieve]

I'm getting more and more bullish on AAPL. The news just keeps getting better and better - they are making crazy inroads in the enterprise, which is expected to account for $19b in sales this year and $28b next year. Factor in China growth and new products this year, and everything is looking really really rosy. I know I'm a lone Apple fan around here, but I really think you could make some money with some calls or call spreads. Just have to time it right (might be some profit taking after hitting the new high today). I'm buying February call spreads, so I capitalize earnings on the 23rd.

Wow, they blew past even what I expected. They even raised guidance for next quarter above the street (and they ALWAYS lowball). Most impressive of all, earnings are up 118% from last year. Wasn't their growth supposed to be slowing down?

The stock is going to be $500 after this...

Revenue: $46.33 Billion versus $38.76 billion expected
EPS: $13.87 versus $10.07 expected
iPhone units: 37.04 million versus 30.2 million expected (34 million whisper)
iPad units: 15.4 million 13.2 million expected (13 million whisper)
Mac units: 5.2 million versus 5 million expected (4.8 million whisper)
iPod: 15.4 million versus 13.9 million expected, according to Bloomberg
Gross Margin: 44.7% versus 41.8% expected
March quarter revenue: $32.5 billion versus $31.9 billion expected
March quarter EPS: $8.50 versus $8.00 expected
Apple now has $97 billion in cash, short term, and long term securities