Notes of interest from Apple's Q2 2010 conference call

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  • Reply 21 of 60
    wonderwonder Posts: 229member
    Quote:
    Originally Posted by minderbinder View Post


    I don't see anything there about aTV.



    Just try reading a little further...
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  • Reply 22 of 60
    bigdaddypbigdaddyp Posts: 811member
    Quote:
    Originally Posted by sandau View Post


    Dooommmmmed!



    Realistically, this company is a juggernaught.



    One day there will only be Apple and Taco Bell.



    Sounds like a very gut wrenching combination.
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  • Reply 23 of 60
    Very happy for Apple's success... just wish they'd use a little money and some of their energy to clean up Apple Japan... They'd have even more success to write home about.
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  • Reply 24 of 60
    bigdaddypbigdaddyp Posts: 811member
    Quote:
    Originally Posted by Bergermeister View Post


    Very happy for Apple's success... just wish they'd use a little money and some of their energy to clean up Apple Japan... They'd have even more success to write home about.



    What is wrong with Apple Japan?
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  • Reply 25 of 60
    jeffdmjeffdm Posts: 12,953member
    Quote:
    Originally Posted by minderbinder View Post


    And I'm glad I didn't listen to guys like G3Pro who insisted the stock was going to tank when it was at $130. Did he ever come back after that or still hiding under some rock?



    He comes around once in a while to continue his little jihad.



    For a while he was saying it would go down to something like $85, which it did, but it certainly didn't stay there for long.
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  • Reply 26 of 60
    aaarrrggghaaarrrgggh Posts: 1,609member
    Quote:
    Originally Posted by bigdaddyp View Post


    What is wrong with Apple Japan?



    I'll say... 200+% growth Q/Q!



    (Alternately, they are using some money to improve it.)
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  • Reply 27 of 60
    dr millmossdr millmoss Posts: 5,403member
    Quote:
    Originally Posted by Robin Huber View Post


    I wasn't being sarcastic. Just looked at the closing price. I didn't think that the conference call came after the market closed. My assumption was that it didn't, and the stock was down. I watch it pretty carefully as I own it.



    Earnings reports always come after the markets close, so today's trading did not represent a reaction to the report. Even after-hours trading was suspended for about 20 minutes when the report was released. Honestly, I so often hear about how AAPL "always goes down" after earnings announcements that I had to make the point (again) that this is hardly always true. Not meant to be at your expense.
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  • Reply 28 of 60
    jeffdmjeffdm Posts: 12,953member
    Quote:
    Originally Posted by Dr Millmoss View Post


    Earnings reports always come after the markets close, so today's trading did not represent a reaction to the report. Even after-hours trading was suspended for about 20 minutes when the report was released. Honestly, I so often hear about how AAPL "always goes down" after earnings announcements that I had to make the point (again) that this is hardly always true. Not meant to be at your expense.



    A few years ago, AAPL going down after a report happened more often than not, but I think that has changed. It wasn't something that always happened, but it seemed predictable.
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  • Reply 29 of 60
    minderbinderminderbinder Posts: 1,703member
    Quote:
    Originally Posted by Wonder View Post


    Just try reading a little further...



    Except that that wasn't there when I posted, it was added later.



    Quote:
    Originally Posted by JeffDM View Post


    He comes around once in a while to continue his little jihad.



    For a while he was saying it would go down to something like $85, which it did, but it certainly didn't stay there for long.



    AND it went up to 160 before dropping. That sure got him quiet for a while.
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  • Reply 30 of 60
    cvaldes1831cvaldes1831 Posts: 1,832member
    Quote:
    Originally Posted by Robin Huber View Post


    I wasn't being sarcastic. Just looked at the closing price. I didn't think that the conference call came after the market closed. My assumption was that it didn't, and the stock was down. I watch it pretty carefully as I own it.



    The financial conference calls always come after the market has closed.
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  • Reply 31 of 60
    dr millmossdr millmoss Posts: 5,403member
    Quote:
    Originally Posted by JeffDM View Post


    A few years ago, AAPL going down after a report happened more often than not, but I think that has changed. It wasn't something that always happened, but it seemed predictable.



    They have to beat the Street, usually by a fair margin -- 10% or more, and have no gotchas in the small print. But that's been happening a lot lately.



    Quote:
    Originally Posted by cvaldes1831 View Post


    The financial conference calls always come after the market has closed.



    The earnings numbers are released before the conference call, but after the close of the markets.
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  • Reply 32 of 60
    bageljoeybageljoey Posts: 2,009member
    Really bad day to be a troll...
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  • Reply 33 of 60
    I note Apple still claims to be satisfied with AT&T's progress, and repeats that the multi-carrier model is not for every market or country. Sounds like no Verizon iPhone yet. How would that work anyway? The Verizon 3G network can't support multi-tasking (talking on phone while surfing the 'net or sending email). Anyone?
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  • Reply 34 of 60
    dayrobotdayrobot Posts: 133member




    Perhaps the stock dropped on the news of a guy losing next gen iPhone at a SF bar.



    Sorry, that was my attempt at humor. But i did think that the lost-and-found iPhone was breath of fresh air, considering how well Apple guards its secrets.







    Dan
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  • Reply 35 of 60
    Quote:
    Originally Posted by bigdaddyp View Post


    What is wrong with Apple Japan?



    Sadly, lots. Just looking at figures doesn't tell the whole story; they could be better IMO. I've gone into detail elsewhere recently and some time ago. What I'd like to say here is that Japan could be a much better market for Apple than it is and there are a few things they could improve that would make a huge impact. Due to some recent moves, I wouldn't be surprised if Japan's sales drop over the next couple of quarters, but with a little effort they could have increased. We'll see; I hope I'm wrong. Right now, nobody seems to know what Apple Japan is doing nor why, which is creating a bit of anxiety here (the two resellers I've visited recently were both shocked at the changes and neither had received any real explanation from AJ, so they can't explain things to their customers, who are asking questions).

    ---

    The thing here is, we have two systems: Apple USA runs the five Apple Stores (walk-in), Apple Japan runs the rest. I'd like to see a break-down showing the units sold for each of these. My expectation is the walk-in stores are seeing the increase. Of course, the resellers will see a decrease as Apple Japan just this month is ending sales at thousands of resellers across the country for reasons unknown to anybody. Consolidation could be a good thing in the long run as it will create sales staff who are more knowledgeable. This is not to say that the staff at some of the resellers until now haven't known their stuff; some I know blow the staff at the local Premium Reseller away. If they could also start a program whereby the Geniuses would appear at the Premium Resellers say once or twice a month that would be awesome. But, with two systems, it might be difficult to do that; I don't know the relationship between Apple US and Apple Japan.
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  • Reply 36 of 60
    webfrassewebfrasse Posts: 147member
    Quote:
    Originally Posted by Robin Huber View Post


    I wasn't being sarcastic. Just looked at the closing price. I didn't think that the conference call came after the market closed. My assumption was that it didn't, and the stock was down. I watch it pretty carefully as I own it.



    These calls always (for all traded companies) happens after markets close.
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  • Reply 37 of 60
    dluxdlux Posts: 666member
    Dear AppleInsider,



    If you look at this chart, you will find that many of the 'pros' you have cited in the past for information about Apple are worse than a monkey throwing darts at a board. It's almost as bad as any tech article quoting Robert Enderle for anything. So please do us a favor in the future and refrain from quoting Shaw Wu, Richard Gardner, Kathryn Huberty, and the rest of these Wall Street know-nothings when it comes to Apple.







    (Note that the people listed at the top are not professional Wall Street insiders.)
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  • Reply 38 of 60
    samabsamab Posts: 1,953member
    The ASP for the iphone dropped by quite a bit ($16).
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  • Reply 39 of 60
    SpamSandwichspamsandwich Posts: 33,407member
    Quote:
    Originally Posted by digitalclips View Post


    260 after hours!



    Trading around the announcements has been harder to predict recently. The old run up to sell off after announcement pattern no longer seems to apply, and the after hours leap seems to have settled down to a minimal gain for now. Bizarre.... Plunge Protection Team, anyone?
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  • Reply 40 of 60
    davegeedavegee Posts: 2,765member
    Quote:
    Originally Posted by Dr Millmoss View Post


    My guess is, no. A lot of people just assume that AAPL is going to drop no matter what they report. Just ain't so.



    Once upon a time... it was a safe bet that Apple was strictly a 'buy on rumor/speculation' and then 'sell on news' since the buyers felt the stock had little chance of continued upward movement once the NEWS hit. (since the buyers drove up the price to INCLUDE the 'news of tomorrow' and the drop was always considered a leveling off period where the 'suckers' who were banking on AAPL to go up ON the day of the keynote sold off when the stock didn't rise.



    Why?



    Well once upon a time Apple had what?



    - Mac hardware sales and extended warrantees

    - Software and OS sales (including .mac subscriptions)

    - Enterprise sales (no laughing they did have 'some')



    The hardware and software were rolled out on a 'fairly' timed interval. Desktop and iMacs were often in January, OS in summer, summer/fall, early summer came the laptops, etc etc etc.



    Since the hardware usually had longer than 12 month upgrade cycles, sometimes it was Laptops in Jan and iMacs in the Fall and OS in Spring. etc etc etc. Those who 'watched' AAPL knew all this and timed their buys and sells around these specific time frames. It was usually predictable and boring. They'd buy a month or so prior to the expected announcement and then either sold at the very end of the day prior to a keynote OR the first thing ON the day of the keynote. Those who bought were the 'suckers' who though they were getting in just at the right time and then after a GREAT keynote the stock was flat or down they'd sell off in frustration, further driving the price lower.



    Those days are largely behind us I'd say. The 'mad stock price swings' of 'pre-announcment frantic buying' followed by 'post-keynote mad selling' just aren't happening like they did before.



    Today we've got...



    - Mac hardware etc

    - Software & OS (.mac etc)

    - iPod

    - iPhone

    - iPad

    - Apple TV (still just a blip but its being 'watched')

    - iTunes (songs, apps, books, etc)

    - iAd (perhaps not now but soon)



    They've got an entire agenda to juggle... upgrades are happening all through the year and continued hints on 'other stuff' in the works. It's much harder (today) to find times when you SHOULD sell AAPL and then wait to re-buy after normal stock fluctuations and weakness.



    Apple a 'buy and hold' stock?!?! NO WAY!!!
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