Apple sold 2 million iPhone 5 units in China launch weekend

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Comments

  • Reply 61 of 86
    Its
    Import taxes?!! So here in the USA we think of the iPhone as being made in China, while in China, it's an import!!! 

    They must being made on the Moon...

    They are made in Shenzhen's special economic zone, so the import tax is levied when they are exported out from the zone and into the rest of China.
  • Reply 62 of 86


    Give it two weeks and this will rocket. Don't let them panic you out of your bounty!

  • Reply 63 of 86
    rogifanrogifan Posts: 10,669member
    delusion wrote: »
    http://www.bloomberg.com/news/2012-12-17/apples-shares-decline-below-500-for-first-time-since-february.html?cmpid=yhoo

    Kinda disheartening for myself as an investor in a small number of AAPL shares. 2m units seems pretty decent, maybe not decent enough for analysts and Wall Street huh.
    This means the stock is down more than $9 pre-market. I'm sure it will drop another $20 today. By the time the year is over it will probably have wiped out any gains made during the year. Meanwhile Amazon can continue to provide zero sales data on Kindle tablets, make little to no profit and the stock keeps going up a s up and up. Their PE will be over 3,000 while Apple's will be around 10.:no:
  • Reply 64 of 86
    rogifanrogifan Posts: 10,669member
    So according to this antidotal evidence Apple stores were packed this weekend with product flying off the shelves....and the stock is down $8 pre market. :lol:

    http://www.thestreet.com/story/11793875/1/apple-stores-packed-this-weekend-will-the-stock-pop.html?puc=yahoo&cm_ven=YAHOO
  • Reply 65 of 86


    Originally Posted by Rogifan View Post

    So according to this antidotal evidence Apple stores were packed this weekend with product flying off the shelves....and the stock is down $8 pre market. image


     


    Not to take this political or topical, but success = bad now.

  • Reply 66 of 86
    rogifanrogifan Posts: 10,669member
    Not to take this political or topical, but success = bad now.
    Headline on Marketwatch: "Morgan Stanley praises iPhone, iPad sales". Yet stock down 1.5% pre market. Irrational exuberance has given way to irrational pessimism indeed.

    http://us.rd.yahoo.com/finance/external/cbsm/SIG=11iiumket/*http://www.marketwatch.com/News/Story/Story.aspx?guid=B3C7D191-6CFE-4D5A-B030-9069219D5574&siteid=yhoof2
  • Reply 67 of 86
    jragostajragosta Posts: 10,473member
    Sales of the iPhone 5 topped two million units in its first weekend of availability in China, Apple announced Sunday evening..

    So the stock price will drop another 10 points this morning.
  • Reply 68 of 86
    jragostajragosta Posts: 10,473member
    kingchael wrote: »
    Only 2 million.. that includes the 2week preorder time right?  Wasn't last year 5mil+ in two weeks?

     

    No, it wasn't. That sounds like the global sales figure for the 4S.
  • Reply 69 of 86
    jragosta wrote: »
    So the stock price will drop another 10 points this morning.

    Amazing...

    In China... Apple made $1.3 billion in revenue... and probably half a billion of profit... in 3 days.

    And the stock drops...

    How exactly does the stock market work again?
  • Reply 70 of 86
    rogifanrogifan Posts: 10,669member
    jragosta wrote: »
    So the stock price will drop another 10 points this morning.
    Apple's PE right now is 11. Microsoft's is 14, Google's is 22 and Amazon's is close to 3,000. Does any of that make sense? :lol:
  • Reply 71 of 86
    cameronjcameronj Posts: 2,357member
    rogifan wrote: »
    So according to this antidotal evidence Apple stores were packed this weekend with product flying off the shelves....and the stock is down $8 pre market. :lol:
    http://www.thestreet.com/story/11793875/1/apple-stores-packed-this-weekend-will-the-stock-pop.html?puc=yahoo&cm_ven=YAHOO

    We must find the antidote for the anecdotes!
  • Reply 72 of 86
    cameronjcameronj Posts: 2,357member
    Amazing...
    In China... Apple made $1.3 billion in revenue... and probably half a billion of profit... in 3 days.
    And the stock drops...
    How exactly does the stock market work again?

    It's a combination of buyers and sellers. More people are selling today than buying.

    Or were you looking for a conspiratorial explanation instead of the truth?
  • Reply 73 of 86

    Quote:

    Originally Posted by cameronj View Post





    It's a combination of buyers and sellers. More people are selling today than buying.

    Or were you looking for a conspiratorial explanation instead of the truth?


     


    Wake up, don't be so naive. It's not conspiracy, it's reality. Every stock gets manipulated. 


     


    It's all about hitting the stops of those with excessively large leverage. Selling into false positivity, and buying into false negativity. 


     


    If you can't comprehend that then you shouldn't play the game.

  • Reply 74 of 86
    cameronj wrote: »
    It's a combination of buyers and sellers. More people are selling today than buying.
    Or were you looking for a conspiratorial explanation instead of the truth?

    I'm just confused.

    It sounds like people are selling their Apple stock because they don't have faith in the company.

    But Apple just made $1.3 billion in revenue and probably half a billion of profit in 3 days.

    And that's something to be worried about?
  • Reply 75 of 86
    rogifanrogifan Posts: 10,669member
    jragosta wrote: »
    So the stock price will drop another 10 points this morning.
    Ha, now the stock has moved into positive territory pre-market. You couldn't build a roller coaster that would match what AAPL stock does. :lol:
  • Reply 76 of 86
    Negative territory in just 5 mins. Wow.
  • Reply 77 of 86
    cameronjcameronj Posts: 2,357member
    I'm just confused.
    It sounds like people are selling their Apple stock because they don't have faith in the company.
    But Apple just made $1.3 billion in revenue and probably half a billion of profit in 3 days.
    And that's something to be worried about?

    You're looking at it too simplistically. The raw numbers don't matter, all that matters is whether those billions in revenue and billions in profits are more or less than what the owner of the stock expected. Or, more importantly whether those billions are more or less then what the stockholder thinks the market expected.
  • Reply 78 of 86

    Quote:

    Originally Posted by Michael Scrip View Post





    I'm just confused.

    It sounds like people are selling their Apple stock because they don't have faith in the company.

    But Apple just made $1.3 billion in revenue and probably half a billion of profit in 3 days.

    And that's something to be worried about?




    Yes... they were expecting $1.3001 billion in revenue and $500.1 million in profit.


     


    Stock will go down another $30.


     


    [Ha! It looks like everyone is waiting for one of the dipshits to tell them if the Chinese numbers are good or bad.]

  • Reply 79 of 86


    Just heard on the news that Wall Street has dropped their ratings on Apple from "buy" to "neutral" because of decreased orders from iPhone parts suppliers (= iPhone global sales dropped). Indeed the ugly truth is that Apple is slowly fading away after Steve's departure. Tim Cook is NOT a product person like Steve, as clearly seen in the mishaps of Map for iOS. It's not entirely fair to fire the Head, Cook himself has the ultimate responsibility in making sure the product is good before its release - I doubt if he had even played with it himself!! And what the iPhone5 needed was not a stupid elongated fake "large" screen but a genuinely large display for today's multimedia rich smartphone usage.

  • Reply 80 of 86

    Quote:

    Originally Posted by Tallest Skil View Post


    Tomorrow afternoon:


     


    In other news, Apple's stock dropped $100 per share, per hour, upon the opening of trading today.





    If that's the case, I'm going all in .... in 5 hrs

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