Originally Posted by mvigod
So what changed from May 2012 and every quarter after that up until last week? What new information did they have?
Why don't you ask him?
Was it possible the current information was all the same as it was in May 2012 (because guess what, it was)
Can you prove that no information about Apple's financials and future has changed in TWO YEARS?! I can show you 7 quarterly results that were not available in May 2012.
and Cook just interpreted the same information the wrong way back then.
So you think it's more likely that you (with no information on the internal workings of Apple) are so brilliant that despite the hundreds, if not thousands, of people working in their accounting departments (with detailed numbers, the ability to run scenarios against those numbers, and with higher ups having access to what is coming down the pipe) that you know more than they do? That's seems grandiose to the extreme.
As a result lost the coveted race to $1000 (google won) and alot more.
Coveted race to $1000? No reasonable person covets such a thing.
The stock became a laughing stock and shunned by many.
Maybe believe 9/11 was a conspiracy but it doesn't make them any less nutty or wrong.
Today it is still well off over 100/share from it's all time high (15%) which many argue at 700/share was STILL cheap. Today it continues to trade for a cheap valuation
If you thought it was undervalued then it was foolish for you to sell.
I lost confidence in Cook and time will show why.
Despite the company's valuation being higher under Cook than any CEO.
Been using macs and apple products since 1990. I own 5 ipads, 3 iphones, ipad mini, several ipods, macbook and imacs.
Ugh! You saying
you own Apple products in no way makes you an expert on Apple's financial future, especially not over the people that are working within the company.
It's actually as a user I see the holes in the boat now.
It sounds like sour grapes to me; you got impatient and made a rash decision you're not regretting. You see holes despite Apple doing what you wanted them to do. Well I wanted Apple to remove the ODD several years before they did it, but that's because it was what I personally wanted. When they did I state that Apple was wrong for not doing it years earlier, I was simply glad they finally did it.
Personally, I think all this a massive setup for a major new product category. I think Apple is playing a long game that is going to completely knock the rest of the industry off their feet within a year and suck up even more of the mindshare than they already have.Edited by SolipsismX - 4/29/14 at 12:08pm