Apple Shares On The Rise, Even After Macworld!

Posted:
in General Discussion edited January 2014
Going against previous Macworlds and usually falling, the stock price has risen the past few days. Also, analysts are saying that the GarageBand App will bring over new Mac buyers. Yeah. They said the same thing about the original iApps (iPhoto, iMovie and iDVD) but it didn't happen.

Comments

  • Reply 1 of 12
    ast3r3xast3r3x Posts: 5,012member
    It is very odd, almost any anouncement apple comes out with stock drops, even if it's good.
  • Reply 2 of 12
    rokrok Posts: 3,519member
    Quote:

    Originally posted by ast3r3x

    It is very odd, almost any anouncement apple comes out with stock drops, even if it's good.



    i think what you may be seeing is the result of lower expectations for this keynote... seriously, there were very few rumors, and the buzz was almost nonexistent. as opposed to pervious macworlds where everyone expected steve to move heaven and earth for two hours, people bought on rumor, and sold on fact (or announcement of fact).



    and kudos of a sort to apple for basically UNtraining the consumers, rumor-mills and media from EXPECTING massive hardware updates at tradeshows every outing. let's face it, apple could release updated G5's on Tuesday, or maybe not until February. Or maybe they'll come out with new flat panels in a couple of weeks. or maybe not.



    the only show we can be somewhat sure about is wwdc. only because that's APPLE'S show, and they want as much buzz as possible for their own event.
  • Reply 3 of 12
    amorphamorph Posts: 7,112member
    Quote:

    Originally posted by rok

    the only show we can be somewhat sure about is wwdc. only because that's APPLE'S show, and they want as much buzz as possible for their own event.



    Not really. It's a developer event with a high ticket price. They wanted lots of buzz for recent events that have highlighted huge changes like OS X and the G5, but don't be surprised if WWDC is more low-key this year. If there's nothing radically new and interesting to people outside of developer circles, there won't be any hype for WWDC outside of developer circles.
  • Reply 4 of 12
    macsrgood4umacsrgood4u Posts: 3,007member
    Well, the reason is that the cat is out of the bag:

    Quote:

    Joint Release



    HP and Apple Partner to Deliver Digital Music Player and iTunes to HP Customers





    LAS VEGAS, Consumer Electronics Show, January 8, 2004?Working to provide consumers with the most compelling digital content whenever and wherever they desire, HP and Apple® today announced a strategic alliance to deliver an HP-branded digital music player based on Apple?s iPod?, the number one digital music player in the world, and Apple?s award-winning iTunes digital music jukebox and pioneering online music store to HP's customers.





    As part of the alliance, HP consumer PCs and notebooks will come preinstalled with Apple?s iTunes® jukebox software and an easy-reference desktop icon to point consumers directly to the iTunes Music Store, ensuring a simple, seamless music experience. This offering is yet another way that HP is helping consumers enjoy more from their personal digital entertainment content.





    ?HP?s goal is to bring the most compelling entertainment content and experiences to our customers,? said Carly Fiorina, chairman and chief executive officer at HP. ?We explored a range of alternatives to deliver a great digital music experience and concluded Apple?s iPod music player and iTunes music service were the best by far. By partnering with Apple, we have the opportunity to add value by integrating the world?s best digital music offering into HP?s larger digital entertainment system strategy.?





    ?Apple's goal is to get iPods and iTunes into the hands of every music lover around the world, and partnering with HP, an innovative consumer company, is going to help us do just that,? said Steve Jobs, Apple?s CEO. ?As the industry balkanizes by offering digital music wrapped in a multitude of incompatible proprietary technologies, consumers will be reassured in getting the same unparalleled digital music solutions from both HP and Apple, two leaders in the digital music era.?





    According to internal HP research, more than 54 percent of current HP consumers download music to their PCs.





    Over two million iPods have been sold since its introduction, solidifying its position as the number one digital music player in the world. All iPods work seamlessly with the award-winning iTunes digital music jukebox software and the iTunes Music Store, which has sold more than 30 million songs, providing music fans with the best digital music experience on either a Mac® or Windows PC.





    The iTunes Music Store offers Windows and Mac users a music catalog of more than 500,000 songs, the same ?gold standard? personal use rights and the same 99 cents-per-song pricing. The iTunes Music Store features online gift certificates for family and friends; Apple?s innovative and patent-pending online ?Allowance? feature, which allows parents to automatically deposit funds into their kids? iTunes Music Store account every month; more than 5,000 audiobooks, which can be purchased with one click and listened to on a Mac or Windows computer as well as on iPods; Celebrity Playlists; and new exclusive tracks from more than 60 artists. The iTunes Music Store offers music from all five major music companies and over 200 independent music labels.





    Pricing & Availability

    HP?s digital music player is expected to become available this summer and be competitively priced to other digital music players currently available.





    Beginning this summer, the iTunes software and a desktop icon guiding users to the music site will be preloaded on HP Pavilion, Media Center and Compaq Presario desktop and notebook consumer PCs.





    HP is a technology solutions provider to consumers, businesses and institutions globally. The company?s offerings span IT infrastructure, personal computing and access devices, global services and imaging and printing. For the fiscal year ending on Oct. 31, 2003, HP revenue totaled $73.1 billion. More information about HP is available at www.hp.com.





    Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Apple is committed to bringing the best personal computing experience to students, educators, creative professionals and consumers around the world through its innovative hardware, software and Internet offerings.



  • Reply 5 of 12
    crusadercrusader Posts: 1,129member
    Wow, it's cool to see a PC company work with Apple and it's iPod, instead of trying to fight the iPod with a hastily developed MP3 player <Glares in Dell's direction>.
  • Reply 6 of 12
    torifiletorifile Posts: 4,024member
    I think the reason the stock has gone up after the keynote is the SHOCKING iPod sales numbers. It blew the roof off expectations. If you'll look at the price during the keynote, you'll notice that it went black about the same time Steve announced those numbers. $300mil in iPod sales alone in the quarter, given the profits on them, looks real good for earnings. The HP news today only bolsters enthusiasm (there were 2 upgrades to strong buys today).
  • Reply 7 of 12
    paulpaul Posts: 5,278member
    ditto... 700,000 in one quarter is a BIG deal...



    the HP thing (I hope) is a glimpse of apple's future strategies...
  • Reply 8 of 12
    krassykrassy Posts: 595member
    Quote:

    Originally posted by torifile

    I think the reason the stock has gone up after the keynote is the SHOCKING iPod sales numbers. It blew the roof off expectations. If you'll look at the price during the keynote, you'll notice that it went black about the same time Steve announced those numbers. $300mil in iPod sales alone in the quarter, given the profits on them, looks real good for earnings. The HP news today only bolsters enthusiasm (there were 2 upgrades to strong buys today).



    where do you have got the $300 million numbers from? i just hear of 730000 units but not about the revenue?
  • Reply 9 of 12
    macsrgood4umacsrgood4u Posts: 3,007member
    Apple and HP shares were both up 5%. The reason is obvious. Wall Street and investors like the deal they've made. 750,000 iPod sales in a quarter is small compared to what HP and Apple can sell this coming Summer.
  • Reply 10 of 12
    torifiletorifile Posts: 4,024member
    Quote:

    Originally posted by Krassy

    where do you have got the $300 million numbers from? i just hear of 730000 units but not about the revenue?



    I didn't hear it anywhere. I was basing my estimate on the average selling price of $370/iPod they reported during their last conference call. I'm just guessing that that number didn't change during this previous quarter. I could be wrong, but not by much.
  • Reply 11 of 12
    krassykrassy Posts: 595member
    Quote:

    Originally posted by torifile

    I didn't hear it anywhere. I was basing my estimate on the average selling price of $370/iPod they reported during their last conference call. I'm just guessing that that number didn't change during this previous quarter. I could be wrong, but not by much.



    ah, yes - seems logical... however - i think much of them could be parents buying the cheapest model... hmm ... apple's definetaly on a roll ... very cool
  • Reply 12 of 12
    brussellbrussell Posts: 9,812member
    It also could simply be that the markets are generally up today. Looks like AAPL was up a percent or two today, which is about what the markets were up generally.
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