The iPhone 4S will give a nice bump to the figures today!
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.
They beat analysts' expectations and this is a bad thing?
Tough audience here today...
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.
A little perspective: 15 million is approximately the number of notebooks that HP AND Dell is selling per quarter.
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).
Median income for all families in 2009 was $60,088.
I'm not sure what the discrepancy is, but shompa actually UNDERestimated median family incomes, at least according to your own source.
Quote:
Originally Posted by anantksundaram
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).
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.
Apple must love the Amazon Fire if the effect it has is giving them 40% sequential growth, faster than the rest of the market in an industry it leads significantly.
Would that strategy have served you well in the year 2000 time frame?
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.
Concerned for my AAPL holdings in light of the learned commentary here, I took a gander at this morning's news to see the impact of this alleged "stock manipulation".
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.
If Apple is selling about 25 million iPads per quarter (so an annualized rate of 100 million) at the time that Win8 tablets hit the market, then I think Apple will have achieved an insurmountable lead. But if Apple is selling in the range of 15 million per quarter at that time then MS could have an opening. My money is on the higher number.
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?
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.
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.
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.
Would that strategy have served you well in the year 2000 time frame? In a few quarters, the stock lost 75% of its value. It took many, many years to recover. Many other equally high-flying companies never recovered. One size does not fit all, and every high-flying company comes down to earth, often in the space of a very few calendar quarters.
It depends entirely upon how overweighted your portfolio is in the sector and the company. It depends whether AAPL is a core holding, or is part of your "play money". It depends on many, many factors.
But if you think just buying and forgetting is the way to manage a portfolio, go for it. Tell me - are your holdings 100% in AAPL? Why or why not?
Comments
deleted
The iPhone 4S will give a nice bump to the figures today!
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.
Ah yes, the grand conspiracy.
They beat analysts' expectations and this is a bad thing?
Tough audience here today...
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.
Look at the first table on the page you provided.
Median income for all families in 2009 was $60,088.
I'm not sure what the discrepancy is, but shompa actually UNDERestimated median family incomes, at least according to your own source.
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).
Why ?
A little perspective: 15 million is approximately the number of notebooks that HP AND Dell is selling per quarter.
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).
The iPhone 4S will give a nice bump to the figures today!
No, but the macbook air will.
Median income for men in the US (2009) is about $32,000 and women, $21,000. See Table 701, http://www.census.gov/compendia/stat...es/12s0701.pdf
You may be talking about the mean.
The median income in US is 50,233 dollars.
Most people are doing fine.
Instead of cigarettes or drinking: buy an iPad.
Look at the first table on the page you provided.
Median income for all families in 2009 was $60,088.
I'm not sure what the discrepancy is, but shompa actually UNDERestimated median family incomes, at least according to your own source.
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).
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
Right...
Apple must love the Amazon Fire if the effect it has is giving them 40% sequential growth, faster than the rest of the market in an industry it leads significantly.
Post hoc, ergo proctor hoc. Look it up.
Would that strategy have served you well in the year 2000 time frame?
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.
Concerned for my AAPL holdings in light of the learned commentary here, I took a gander at this morning's news to see the impact of this alleged "stock manipulation".
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.
Look at the first table on the page you provided.
Median income for all families in 2009 was $60,088.
I'm not sure what the discrepancy is, but shompa actually UNDERestimated median family incomes, at least according to your own source.
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.
Two words, baby:
Amazon. Fire.
If you believe that, you must also believe that Apple looks at Microsoft's and Google's bigger marketshare with envy.
If Apple is selling about 25 million iPads per quarter (so an annualized rate of 100 million) at the time that Win8 tablets hit the market, then I think Apple will have achieved an insurmountable lead. But if Apple is selling in the range of 15 million per quarter at that time then MS could have an opening. My money is on the higher number.
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?
Instead of cigarettes or drinking: buy an iPad.
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 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.
No, but the macbook air will.
I am very curious about the Air too, I hope we get specific numbers for it.
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.
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.
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?
The number of people with enough money to buy an iPad is substantially smaller than "the world's population."
Would that strategy have served you well in the year 2000 time frame? In a few quarters, the stock lost 75% of its value. It took many, many years to recover. Many other equally high-flying companies never recovered. One size does not fit all, and every high-flying company comes down to earth, often in the space of a very few calendar quarters.
It depends entirely upon how overweighted your portfolio is in the sector and the company. It depends whether AAPL is a core holding, or is part of your "play money". It depends on many, many factors.
But if you think just buying and forgetting is the way to manage a portfolio, go for it. Tell me - are your holdings 100% in AAPL? Why or why not?
Hey CJ, please try to understand context. Thanks.