Rumor: Apple shipped 13M iPads in Q3, short of internal forecasts - Page 2

It's not just quality. It's the apps. If you can't buy a lot of stuff, the second choice is to be able to buy something that can BE a lot of stuff.

If I get an iPad, I can play games, it's like having a new computer, I can do all this great stuff with it...

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Edited by MacRulez - 5/4/12 at 12:47pm

The 4S wasn't released in the third calendar quarter. While they might mention 4S sales out of pride and in the context of a fourth quarter forecast, it had no bearing on 3Q results.

Manipulating stock prices through rumors and false information does not require a "grand conspiracy" and if you think it doesn't happen you are really naive.

In the long run, the effects of such manipulation are irrelevant. But they can have short term (like in hours or days) effects on stock prices, resulting in a (relatively small) shift of wealth from the gullible to the dishonest.

Huh?

All he said was "The median income in US is 50,233 dollars. Most people are doing fine." He did not specify whether he meant families or individuals.

That's why I specifically pointed to Table 701. (Yes, I know what the data for the family median is).

Yup -- I know.

But my hope/expectation was for 15 million or more, and so anything less than that would be, by definition, a disappointment. It's not a big disappointment. It doesn't mean that Apple isn't the undisputed champion of the tablet market. And it says virtually nothing about their future prospects. But nevertheless, I would be disappointed.

Some people seem to have an allergic reaction to anything other than total adulation for every single news story about Apple. Is it really so hard to understand that I could be slightly disappointed while at the same time thinking that Apple's future is incredibly bright and recognizing that this short term disappointment doesn't matter much longer term? Is that level of nuance totally beyond the comprehension of internet forum commenters? (ok, I'm starting to ask dumb questions now, I guess).

No, but the macbook air will.

OK... most people use "household income", since decisions about things like iPads usually occur at the "household" level, and "household" includes families and people living alone. No reason to only look at one or the other.

Median Household Income for 2009: $51,425

Hope everyone is happy now.

Source: http://1.usa.gov/qJ28jz

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Post hoc, ergo proctor hoc. Look it up.

Actually, it would. I've held pat since 1997, through all of the terrible drops, and have always been rewarded for my patience in the end. If I'd tried to time buys and sells I'd very likely be a lot poorer today. That said I started selling this year and will probably continue to sell into rises because my patience with AAPL has caused my portfolio to become ridiculously out of balance.

Yeah, it's terrible, isn't it?

Reposting this table I'd posted to another thread. Worth looking at again as it shows that most of the professional analysts are estimating well under 13m iPad sales in the quarter. The only really bullish estimates are coming from the "blogger" analysts. Their average is right at 13m.

Had Shompa been talking about family income, then you would have a cogent point.

As it is, the comment is just twisting things to try to make them mean something other than what was intended.

That is the discrepancy. Right there. No need to be unsure. It is a wholly different topic than the one under discussion.

HTH.

If you believe that, you must also believe that Apple looks at Microsoft's and Google's bigger marketshare with envy.

So if 1.5% of the world's population buys an iPad next year, Apple is OK, but if only .9% buys one, Windows might succeed?

I don't really understand you reasoning here. How does one extra person out of 170 make that kind of difference?

Here's a better idea for poor people:

Keep drinking, keep smoking, and go get yourself a FREE iPhone! Yes, they is giving them away for FREE!

No Buy One, Get One for FREE, no cash, just FREE.

Apple is racing to the bottom. They are the smartphone of choice for the impoverished. The iPhone couldn't be any cheaper unless they actually paid YOU to take one!

Forget the iPad. Forget giving up anything. Go get a FREE iPhone! The iPhone is the Number One Choice for the welfare alcoholics because it is free free free!

I thought I didn't 'need' an iPad either, we have macs, laptops everywhere. But I carry that darn iPad under my arm everywhere. Don't underestimate the comfort factor. Lot easier to curl up on a couch with an iPad.

I think the anal cysts Are reaching for the record per share price pop. It's like a game to them. Anyone want to take bets which rumor sends the price to 400 today so that it can pop to 500 in one fell swoop?
Seriously THE MARKET HAS A LID ON APPLE AND WE ALL KNOW IT. I wonder how they continue to get away with this? Waiting for the inevitable class action suit against an inside trading firm. I'm tired of waiting for them to let Apple RUN. The reason for the lid? That's easy. They can let the lid off briefly whenever they want and their moneyed insiders get another churn, sometimes 5 in one day. Last couple days they can't seem to stomp it down below 415. CNBC has a question/contest today, 'do you think Apple will reach 400 before it reaches 500? The answer is obviously yes of course, the real question is how many days will elapse between the rumormongered 400 and a big pop to 500? I think a big rumor will come out today and depress the stock. They could 'correct' the rumor, and if apple turns in head exploding earnings you might see that 500 but I doubt it.

I really do think it is that big of a game. Notice how little CNBC anchors actually says about Apple? That's because they are all in up to their eyeballs long and short. they have a conflict of interest and they have a background plan. must be a neat club to belong to.

I am very curious about the Air too, I hope we get specific numbers for it.

If Apple comes out with the independant consensus average the stock is going to skyrocket to 500$. Funny thing is those guys have the best ranking.

The number of people with enough money to buy an iPad is substantially smaller than "the world's population."

Hey CJ, please try to understand context. Thanks.

Lol. $500? Maybe in January bud.

FWIW, I hope you are correct, I really do. But I think by 10:30AM EST tomorrow I'll be happy/lucky to see $450.

But here's rooting for $500.

Where do you live? I wouldn't call my city affluent, yet I can't walk into a coffee shop without seeing 1-2 iPads - or bookstore, bus, airport, anywhere for that matter.

He said non-iPads.

And I agree, the "shipment" market share numbers are GROSSLY misleading with regards to the Tablet space.

The independent analysts are typically closer to the mark for a reason: they are not responsible to clients. The institutional analysts are providing advice to clients, so they are deliberately conservative in their forecasts. It's not as attractive a reason as the tried and untrue stock manipulation conspiracy theories, but it does have the advantage of accuracy (for those who care about such things).

I dropped my crystal ball and broke it years ago, so I don't make forecasts on future stock prices. The only prediction I make every quarter is that investors will expect to Apple to beat the street by at least 10%, because know that the institutional analysts will be low. Anything less than that will be seen as a disappointment.

A tad defensive? I just find it hard to understand how anyone could be disappointed by 250% YoY growth. YMMV.

judging from my lower income friends iPads are providing computational life-support for a lot of families. They keep their old computer, buy an iPad, gain/regain some speed, functionality and much needed convenience. In weak economies people buy things that have higher perceived functionality and value. The average consumer doesn't need a MBP to do most of what they need to do on a computer - thus the value of the iPad increases for them - just not you. And for all itents and purposes "it's penetration into the masses" is what is driving sales, not sales to the geek minority. Perhaps you missed those articles...., and reports, and commentary, and, well, where the heck have you been exactly???

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