Apple Innovation Strategy Workshop Seminar

How does Apple, the #1 innovative company in the world, innovate and create game-changing innovations such as the iPod, iTunes, iPhone, iPad and more? What is Apple's secret recipe for innovation success?


What is Apple's Innovation Strategy and Innovation Process? Attend this engaging workshop delivered by Sanjay Dalal, chief innovator of InnovationMain and author of Apple's Innovation Strategy. Get detailed information, innovation insights, case study and report, and learn to innovate like Apple... and think like Steve Jobs, the top innovator and CEO of Apple.

"There's an old Wayne Gretzky quote
that I love. 'I skate to where the puck
is going to be, not where it has been.'
And we've always tried to do that at
Apple. Since the very very beginning.
And we always will." — Steve Jobs, Apple CEO

REGISTER NOW!

Apple Revenue Growth is spectacular! Since 2000, Apple sales has grown 1,200%, profits have skyrocketed 3,000% and maket cap has exploded more than thirty times to over $300 billion.

Apple innovates through:

• Creativity and Innovation
• Innovation Process
• Innovation in Products
• Innovation in Business Model
• Innovation in Customer Experience
• Innovation and Leadership
• Steve Jobs Leadership

This Apple Innovation Strategy seminar uses the latest Apple Innovation eBook that provides key insights, strategy, best practices, process, facts, Steve Jobs interview, and much more... Apple's Innovation Strategy eBook forms the basis of this workshop!

Apple has built an Innovation Factory – one that harnesses unbridled creativity from its people, stimulating bold & enterprising new ideas, and launching successful, profitable new innovations... time and again! Apple leverages its diverse ecosystem of employees, customers, suppliers, partners & global networks, proven innovation process, and a winning culture to seize new opportunities in the marketplace and grow its business... exponentially!

Key Benefits of Training Seminar
1. Learn how Apple and Steve Jobs innovate, and made Apple #1 innovator
2. Expand your creativity, and learn how to think different and generate new ideas
3. Create and architect process to make successful, innovative new products and services
4. Make innovation a key differentiator, and sustainable competitive advantage for your business

Workshop Schedule
Online Weekly Event - Every Wednesday: 1:00 PM to 2:30 PM (PT)
REGISTER NOW!

Learn to Innovate like Apple! Now!

Hosted by

InnovationMain - Creativity and Innovation Driving Business provides uncommon insights, strategy and solutions with proven processes that drive Creativity and Innovation at your business, create real market growth and success for your products and services, and achieve market leadership.  We make innovation a sustainable competitive advantage, inspire you to build an innovation factory, effect and manage change, and accelerate your business. We have considerable experience and expertise in working with small, growing and established companies, product and marketing departments, and innovation teams. InnovationMain - Creativity and Innovation Driving Business is an Irvine Chamber of Commerce Member in Orange County, California.

About Sanjay Dalal, chief innovator

Sanjay Dalal is an Innovation Author & Consultant, Innovation & Marketing Speaker, Innovator and Community Leader. Sanjay is the author of the leading Business Innovation eBook & Resource Kit used by over 1,000 innovators worldwide including Nokia, Pepsi, HP, LG, J&J, TATA, SAP, major universities...and is the author of the all new Apple's Innovation Strategy. Learn more about Sanjay Dalal here


Web: www.InnovationMain.com
Phone: 1-949-288-6880
Address: 111 Academy Way, Suite 100, Irvine, CA 92617

Why Apple is a BUY at these levels

Apple (NASDAQ: AAPL) has corrected 8% from the 52 week high of $364.90 set on Feb 16, 2011. 





Apple is set to announce record quarterly earnings this month on the heels of the hot launch of the iPad 2 and iPhone 4 on Verizon. The average quarterly estimate is $5.33 EPS on $23.18 billion of quarterly sales - a spectacular growth of 60.10% in earnings, and 71.70% in sales. Compare this to the quarterly earnings growth of 20.80% for the average S&P 500 company. Thus, Apple earnings growth is poised to be more than three times that of the average S&P 500 company. 

Apple Muddied Picture

Apple's current P/E is 18.69, while the forward P/E is only 12.56 - a significant undervaluation of Apple's future potential. What's wrong with this picture? Here are possible explanations: 1. Retail investor is holding out until after the earnings are announced 2. Current NASDAQ-100 rebalancing that reduces Apple's 20% stake to around 12%, and surrounding liquidation by funds 3. Steve Jobs medical leave, and speculation about his health 4. Downgrade by JMP Securities analyst.

Apple Quarterly Milestones

Apple has made significant announcements during the last quarter, which should translate to real growth in quarterly sales. Key Apple milestones include:

1. iPad 2 launch in U.S.A on March 11

2. iPad 2 launch in 25 countries on March 25

3. Revved up MacBook Pro launch on February 24

4. iPhone 4 launch on Verizon Wireless on February 2

5. App Store growth juggernaut on January 22

What will be Apple's earnings this quarter?

Three earnings scenarios are plausible:

1. Apple beats the average earnings estimates of $5.33 by at least 50 cents, and announces in the vicinity of $5.83 (40% probability).

2. Apple makes the average earnings estimate of $5.33 (50% probability).

3. Apple misses the average earnings estimate by 10 cents and announces $5.23 earnings (least likely, 10% probability).

Accounting for all probabilities, Apple's mean earnings will be around $5.52 for this quarter; this will increase its prior 12 months earnings to $20.10. If Apple's current P/E were to remain the same at 18.69, Apple stock price should appreciate to $375.57.

There you have it: If Apple delivers reasonable quarterly earnings of $5.52, and current P/E of 18.69 remains constant, Apple's stock price should jump to $375.57.

What's the upside?

Some analysts estimate Apple's earnings to be as high as $5.98.  If Apple were to kill its quarterly earnings, and make this high estimate, watch out from above! This will increase Apple's prior 12 months earnings further to $20.56, or fetch an Apple stock price of $384.27! (at the current P/E of 18.69)

On an average, Apple has beaten the average earnings estimate by 20.3% during the previous four quarters. If Apple were to match this average, Apple could deliver whopping surprise earnings of $6.42. Imagine that! This will increase Apple's prior 12 months earnings to $21, or fetch an even higher Apple stock price of $392.49! (at the current P/E of 18.69)

Thus, we have three possibilities of where the Apple stock price could be post earnings:

1. $375.57 (for mean earnings of $5.52)

2. $384.27 (for analyst high earnings of $5.98)

3. $392.49 (for an Apple high earnings of $6.42)

Analysts are even more bullish

The mean target for Apple's 12 month price as per 46 analysts is $424.80, which is higher than all three possibilities above. The median is $440.00. The high target is $550.00, and the low target is $200.00. The high-low 12 month average target price is also $375.
Apple Price Target Summary

Mean Target:	424.80
Median Target:	440.00
High Target:	550.00
Low Target:	200.00
No. of Brokers:	46

Data provided by Thomson/First Call

Caveat: Stock Price Drops after earnings

Apple stock has not done well immediately after earnings announcement. On an average, Apple stock has actually dropped 4.48% post earnings during the previous four quarters, before it begins appreciating. This could mean that further downside to Apple stock is entirely possible after the earnings are announced this quarter. However, one can argue that Apple stock has already corrected significantly this quarter, and is priced for perfection post earnings to go up. 

Where will Apple stock price end up after quarterly earnings call is anybody's guess... For instance, if Steve Jobs participates in the earnings call, the investors will welcome him and get excited about Apple's future. All eyes will be on the iPad 2 quarterly sales, Mac shipments, iPod sales, iPhone 4 growth and importantly, margins. If Apple were to hit a home run on all of these, Apple stock has nowhere to go, but up! We do know one thing for sure: At current price point of $335.06 as of Friday's close, Apple is quite undervalued! Even if the Apple stock remains undervalued and the P/E of 18.69 stays constant, it is reasonable to expect at least a 12% upside in the near term post earnings. $375 could be just round the corner!

Apple's Innovation Strategy


Learn how Apple innovates. What is Apple's innovation recipe aka process? What made Apple the #1 innovator in the world? What can we learn from Steve Jobs, the chief innovator and CEO of Apple?
Download Apple's Innovation Strategy

Apple is poised to become the most valuable company

S&P 500 Largest Companies

Symbol	Company Name	Close on 5/26	% Chg. YTD	Mkt. Cap Value B$
XOM	Exxon Mobil	59.31	-13	278.6
AAPL	Apple	244.109	15.8	222.1
MSFT	Microsoft	25.01	-17.9	219.2
WMT	Wal-Mart Stores	50.02	-6.4	187.6
PG	Procter & Gamble	60.44	-0.3	174.1
GE	General Electric	16.01	5.8	170.9
JNJ	Johnson and Johnson	59.66	-7.4	164.5
IBM	IBM	123.23	-5.9	158
BAC	Bank of America	15.47	2.7	155.2
JPM	JPMorgan Chase	38.78	-6.9	154.3
GOOG	Google	475.47	-23.3	151.4
WFC	Wells Fargo	28.04	3.9	146
CVX	Chevron	71.55	-7.1	143.7
T	AT&T	24.13	-13.9	142.6
CSCO	Cisco Systems	22.89	-4.4	131.1

source: CNBC

Bottomline:
Apple surpassed Microsoft as the most valuable technology company. Apple is on a high growth drive. Apple's forward P/E is only 16.58, whereas the current P/E is 21.78. Analysts are estimating Apple's stock to rise to $303.11, with a high end estimate of $350. If Apple stock indeed breaks $350, Apple's marketcap will expand to $318.5B, higher than Exxon Mobile's marketcap of $284B, making it the most valuable company in USA (source: Yahoo Finance). With successful new innovations such as the iPad that will generate at least $5 billion in new business this year, and the impending launch of the new iPhone which will bring in more sales, Apple will accelerate the torrid growth throughout 2010. The stars are aligning for a perfect marketcap storm that Apple is going to cause, as analysts will ponder on whether to raise Apple's stock target price further to $400 come December. It's a matter of when, not a matter of if, that Apple will surpass Exxon Mobile. Bravo Apple!!

How does Apple, the #1 innovative company in the world, innovate and create game-changing innovations such as the iPod, iTunes, iPhone, iPad and more? What is Apple's secret recipe for innovation success?


What is Apple's Innovation Strategy? Download these Apple Innovation eBook insights and learn to be like Apple... like Steve Jobs, the innovator and CEO of Apple.


"There's an old Wayne Gretzky quote
that I love. 'I skate to where the puck
is going to be, not where it has been.'
And we've always tried to do that at
Apple. Since the very very beginning.
And we always will." -Steve Jobs

Apple innovates through:
• Creativity and Innovation
• Innovation in Products
• Innovation in Business Model
• Innovation in Customer Experience
• Innovation and Leadership
• Steve Jobs

This Apple Innovation Strategy ebook provides insights, strategy, best practices, facts and much more...

Apple has built an Innovation Factory – one that harnesses creativity in its people, stimulating new ideas, and launching successful, profitable new innovations... Apple leverages its diverse culture, innovation processes, partners and networks to seize the new opportunities in the marketplace and grow its business...exponentially…

How did Apple do it?
• Increase revenue more than 400% in 8 years…
• Increase net profit more than 650% in 8 years…
• Increase market cap more than twenty times to over $170 billion and
counting…

Download Apple's Innovation Strategy and learn to innovate, like Apple, today!!

Download Now

If you are having download issues, send us an email at: info at innovationmain dot com

About the author:
Sanjay Dalal is an innovator and entrepreneur with over fifteen years of leadership experience in Silicon Valley and High Tech companies. Dalal authored and launched the Innovation Faculty eBook and Definitive Guide on Creativity and Innovation in business in 2008, used by over 550 leading organizations and professionals all over the world including HP, Hallmark, Cleveland Clinic, Pepsi, EDS, and major universities. Dalal published over 200 articles in the last two years on the real-time state of innovation in business at this blog on Creativity and Innovation Driving Business, and introduced the Innovation Index in December 2006 that correlates business, innovation and stock performance. Dalal filed joint U.S. Patent on "Hands-On Labs" for delivering live, hands-on training over Web Meetings by simulating a training lab environment. Dalal has launched innovative products such as WebEx Training Center and WebEx Sales Center to market, and grown product line revenue to tens of million dollars in annual revenue. Dalal holds executive certification on Leading Management Teams from Cornell University, and is an engineering scholar graduate in Computer Engineering from The University of Texas at Austin. Dalal attended Arizona State University for graduate education in Computer Science.

Innovation eBook is brought to you by Creativity And Innovation Driving Business based in Irvine, CA.

Address:
8105 Irvine Center Dr, 9th floor, Irvine, CA 92618
Main Phone #:
1-949-288-6880 (call-in only)

Disclosure: Absurdly long Apple.

Originally published on Apple Innovation Blog