230+ comments on this news? Don't have time to read everything so I might be repeating what someone else said....
Since when do supplier component orders directly follow a manufacturers device shipments? Companies often order more in 1 quarter to be used in devices made in the following quarter, so reduced revenue from a supplier means nothing. Cirrus boost in a previous quarter can simply be attributed to Apple placing a larger order last quarter.
The things these stupid analysts will do to try and come up with reasons for Apple to "fail".
Beiieve it or not, no one has focused on the initial supply chain fallacy quite that way. We've been doing shovel work in the barnyard all day. The usual suspects: igriv, jdnc123, Red Oak, island hermit, a mountain of stink.
Basic idea is that Tim Cook isn't doing his job. These guys, if they're for real, never heard of ideas like "wait and see" or "time will tell." They can't even wait till next week to paint themselves as fools or correct handwringers. There's no real honor in being Chicken Little if the sky actually falls, you're still a chicken.
I wish we still had more real thinking men in this community. Notice these guys use words like "fear" and "scary" a lot. Their amygdalas are hypertrophied. If they're for real.
There is no such thing as "confirmation of an uptrend", regardless of what the internet chartists tell you. Just when you think you have confirmation, the trend you think is confirmed can be broken, and will do so 50% of the time, in general. News or rumors appear, and the trend is broken. Such things are NOT predicted by the charts. Sure, one can go back and find a way to retroactively extend a really old portion of the chart in a manner that seems to predict a later portion of the chart. But what you need to understand is that the wiggles and fractal-like nature of the trace always allow you to find SOMETHING that seems to be causal when it is not. Extending trends, etc, to the FUTURE and banking on these is a fool's game.
The bottom line is that if charts really were reliably predictive, you would find a lot more people who got wealthy by using them. But the world's top 100 investors are known for other approaches (i.e. actual investment, not chart trading). Meanwhile, I have seen plenty of internet chartists making predictions based on this pattern, that pattern, or this trendline, or that Fibonacci line, etc, etc, etc... but they ultimately prove wrong as often as right, and they pay dearly for it.
You are much better off with a Buffett-like long term horizon. Buy when others are fearful. And do so for a fundamental reason (not just because others are fearful... their reasons may be sound). Sell for a fundamental reason too, not JUST because you have lost some money and are afraid. Buffett himself stays out of investing in consumer electronics companies, because he confesses that he doesn't understand the dynamics there. Smart man. Invest in what you understand. General rule: sell a stock when there is something better you could be doing with the money. Transferring it somewhere else only because you feel stung is a BAD thing. You end up selling low and buying high... the opposite of what should be. Of course if one bought the stock for flighty reasons to begin with, well, they're already in a bad place. I guess they might as well sell if it make themselves feel safer. Their mistake was buying without conviction and a good reason for it.
My current sentiment: based on Apple's fundamental valuation today and their excellent opportunity for growth in emerging markets (iPhone on China Mobile, or cheaper iPhone, etc) and their imminent disruption of more marketplaces, I would say now is an unbelievable opportunity to buy and reap the rewards a few years from now. And don't get shaken is some knee-jerk short-term chartists send it down in the meantime.
Tangent: anybody that believes innovation is dead at Apple just because Steve is gone and because Apple hasn't brought a new groundbreaker out for a few years (e.g. Rocco Pendola) needs to have their head examined for logic. It has always been Apple's way (even under Steve) to take the time to get their new hardware endeavors fully baked, so that they can "wow" the customer. And the size of the "wow" is generally in proportion to the time it takes to bring it out.
BAsed on Jobs' remarks before his death, Cook's remarks after, and Jony Ive's answer in an interview last year that he was currently working on the most important thing he's ever done, I'd say that it is only a matter of time before Apple drops a huge bomb on some market. (Most likely TV/entertainment.) Certainly people don't think that Jony is going to call an upgrade to an existing product the "most impoprtant thing he's ever done.
Get ready for the bomb. Buy in before it happens. Hold unless something other than nervous-nellies takes down the stock.
Remember, if they are going into a completely new field, Apple does not necessarily have to hold announcement until it is ready and the rumors have already surfaced.
Beiieve it or not, no one has focused on the initial supply chain fallacy quite that way. We've been doing shovel work in the barnyard all day. The usual suspects: igriv, jdnc123, Red Oak, island hermit, a mountain of stink.
Basic idea is that Tim Cook isn't doing his job. These guys, if they're for real, never heard of ideas like "wait and see" or "time will tell." They can't even wait till next week to paint themselves as fools or correct handwringers. There's no real honor in being Chicken Little if the sky actually falls, you're still a chicken.
I wish we still had more real thinking men in this community. Notice these guys use words like "fear" and "scary" a lot. Their amygdalas are hypertrophied. If they're for real.
If you are going to add me to that list then you don't believe in your own advice of "wait and see" or "time will tell"... either that or you have a comprehension problem.
I think that iOS7 should have come out last year, with the iPhone 5 and that a lack of any big iOS update is the reason some people may feel the iPhone has lost its lead. Everyone else has caught up and other phones are really nice and have many of the same features or more. Apple supporters always said it was the software that made their hardware so great.
So, Jony Ive, where's the iOS update?
iOS 6 came out with the iPhone 5 duh. It was a huge update and launched with the new phone. iOS 7 will come out this fall. Apple has always done yearly major updates to iOS.
If you are going to add me to that list then you don't believe in your own advice of "wait and see" or "time will tell"... either that or you have a comprehension problem.
The guy is paranoid.
He or she or whatever they are even accused me of being a paid troll in the past, at least two times that I remember. And they meant it seriously.
iOS 6 came out with the iPhone 5 duh. It was a huge update and launched with the new phone. iOS 7 will come out this fall. Apple has always done yearly major updates to iOS.
Whatever happened to the incremental updates? And I don't mean bug fixes.
Damn, is Cirrus Logic still around? I thought they died when Nvidia and ATI started making combined 2D/3D cards. Ahhh.... those were the days. IRQs and jumpers and video accelerator cards. You kids don't know how easy you have it now a days.
At the rate the stock's going, they'll match their cash in roughly another year and a half.
After that, all they have to worry about is continuing to make amazing products and flipping the bird at idiots.
Which one is an amazing product? the iPhone 5? give me a break...the iphone best days are over, ppl want bigger screens, that's why the S4 and HTC One initial sales are off the charts..
If you have been holding Apple stock for the last two years, you have not done so well. The fact that the company has earnings on the balance sheet is irrelevant, since you cannot get your hands on that money.
And since you haven't sold stock, the losses are unrealized.
Not that I completely agree with you, but Apple is really in the entertainment business, not the tech business. Jobs made the Apple presentations a worldwide phenomena and everyone talked about them. Tim Cook is like the poor guy that follows a hot comedian on stage with a solid, but not very memorable performance. Anything less than magic is a letdown for people. It's a very rough spot to be in.
Your right - should not have put Microsoft in as one of the examples. Ballmer is an absolute joke. But the point I'm trying to make still stands - stable, sustainable, large cap companies
On your comment 'Pull Apple Billions", that is not what I am saying. The company should keep and invest in EVERYTHING they need to WIN. But it should not aimlessly be sitting on piles of cash with no plan or vision
Yup, Cook and the execs are swimming in gold coins, light cigars with $100 bills, making the new HQ with bars of platinum, etc. you have no idea what their plans are. Thank Jobs you're not managing Apple. I wouldn't trust you to plan a dinner.
Win what, exactly? MS won the PC wars and how are they doing now.
Yup, Cook and the execs are swimming in gold coins, light cigars with $100 bills, making the new HQ with bars of platinum, etc. you have no idea what their plans are. Thank Jobs you're not managing Apple. I wouldn't trust you to plan a dinner.
Win what, exactly? MS won the PC wars and how are they doing now.
They actually are pretty close to making the new HQ out of platinum, check out the story on this very site. "Every piece of glass is curved", as St Steve himself boasted. $5BN (or $3BN if they succeed in their cost-cutting) for a BUILDING. Yowza.
If we really knew, do you think we'd be sitting here instead of capitalizing on that information?
sorry but everyone knew that if AAPL stock broke $430 support the stock would drop like a rock..fund managers cannot justify holding a losing stock and they will dump it..today there were massive institutional selling and it is not over..the stock will go lower and lower
They actually are pretty close to making the new HQ out of platinum, check out the story on this very site. "Every piece of glass is curved", as St Steve himself boasted. $5BN (or $3BN if they succeed in their cost-cutting) for a BUILDING. Yowza.
I don't care if it costs $10B. As long as they think and believe it is the platform they need to build this company into a dominant force for the next 50 years. Spend away
Investing for the right reason is NOT the issue here. The lack of overall investment is
They actually are pretty close to making the new HQ out of platinum, check out the story on this very site. "Every piece of glass is curved", as St Steve himself boasted. $5BN (or $3BN if they succeed in their cost-cutting) for a BUILDING. Yowza.
They made $13bn in profits last quarter alone, I don't think it's going to hurt them any.
They made $13bn in profits last quarter alone, I don't think it's going to hurt them any.
That's the most ridiculous thing I have ever heard anyone say, and Apple management, which is earnestly trying to cut the cost to a mere $3BN, is obviously not agreeing with you.
Comments
Beiieve it or not, no one has focused on the initial supply chain fallacy quite that way. We've been doing shovel work in the barnyard all day. The usual suspects: igriv, jdnc123, Red Oak, island hermit, a mountain of stink.
Basic idea is that Tim Cook isn't doing his job. These guys, if they're for real, never heard of ideas like "wait and see" or "time will tell." They can't even wait till next week to paint themselves as fools or correct handwringers. There's no real honor in being Chicken Little if the sky actually falls, you're still a chicken.
I wish we still had more real thinking men in this community. Notice these guys use words like "fear" and "scary" a lot. Their amygdalas are hypertrophied. If they're for real.
Another voice of reason.
Originally Posted by igriv
By whom? What kind of paranoiac are you?
Yep. That's it. When in doubt, turn the argument on the other guy.
By the companies in the industry opposing whomever it is. Are you stupid enough to think it doesn't happen?
Originally Posted by jfc1138
Taiwan calling?
You already replied to that post. What, you forgot? Or maybe you wanted to try out a few different "retorts"?
Quote:
Originally Posted by Flaneur
Beiieve it or not, no one has focused on the initial supply chain fallacy quite that way. We've been doing shovel work in the barnyard all day. The usual suspects: igriv, jdnc123, Red Oak, island hermit, a mountain of stink.
Basic idea is that Tim Cook isn't doing his job. These guys, if they're for real, never heard of ideas like "wait and see" or "time will tell." They can't even wait till next week to paint themselves as fools or correct handwringers. There's no real honor in being Chicken Little if the sky actually falls, you're still a chicken.
I wish we still had more real thinking men in this community. Notice these guys use words like "fear" and "scary" a lot. Their amygdalas are hypertrophied. If they're for real.
If you are going to add me to that list then you don't believe in your own advice of "wait and see" or "time will tell"... either that or you have a comprehension problem.
Quote:
Originally Posted by Eriamjh
I think that iOS7 should have come out last year, with the iPhone 5 and that a lack of any big iOS update is the reason some people may feel the iPhone has lost its lead. Everyone else has caught up and other phones are really nice and have many of the same features or more. Apple supporters always said it was the software that made their hardware so great.
So, Jony Ive, where's the iOS update?
iOS 6 came out with the iPhone 5 duh. It was a huge update and launched with the new phone. iOS 7 will come out this fall. Apple has always done yearly major updates to iOS.
Quote:
Originally Posted by island hermit
If you are going to add me to that list then you don't believe in your own advice of "wait and see" or "time will tell"... either that or you have a comprehension problem.
The guy is paranoid.
He or she or whatever they are even accused me of being a paid troll in the past, at least two times that I remember. And they meant it seriously.
Whatever happened to the incremental updates? And I don't mean bug fixes.
Now get off my lawn!
Quote:
Originally Posted by Tallest Skil
At the rate the stock's going, they'll match their cash in roughly another year and a half.
After that, all they have to worry about is continuing to make amazing products and flipping the bird at idiots.
Which one is an amazing product? the iPhone 5? give me a break...the iphone best days are over, ppl want bigger screens, that's why the S4 and HTC One initial sales are off the charts..
Quote:
Originally Posted by Teamracer
The moment the stock went under 420 was a good time to sell. (stop loss at 219,70)
If it goes under 400, it could go under 390 ?
Perhaps 390 is a good entry point. Only time will tell ....
But perhaps we better wait until some good news and product presentations form apple to reinvest the cash.
I still own 60% of my initial 100% shares. :-(
Best regards
Short the stock..
And since you haven't sold stock, the losses are unrealized.
Quote:
Originally Posted by zoffdino
People are scared that Apple realizes things too late.
How often has that ever been true?
Quote:
Originally Posted by jungmark
And since you haven't sold stock, the losses are unrealized.
Actually, over the last two years, you made a little money, probably a little less than had you held the broad market. However, your point eludes me.
Quote:
Originally Posted by SpamSandwich
Not that I completely agree with you, but Apple is really in the entertainment business, not the tech business. Jobs made the Apple presentations a worldwide phenomena and everyone talked about them. Tim Cook is like the poor guy that follows a hot comedian on stage with a solid, but not very memorable performance. Anything less than magic is a letdown for people. It's a very rough spot to be in.
Reminds me of this: http://youtu.be/QhhFQ-3w5tE?t=36m6s :
Joe: "Well, I didn't know? I was going to be following Steve Jobs."
Gil: "Join the? crowd."
Yup, Cook and the execs are swimming in gold coins, light cigars with $100 bills, making the new HQ with bars of platinum, etc. you have no idea what their plans are. Thank Jobs you're not managing Apple. I wouldn't trust you to plan a dinner.
Win what, exactly? MS won the PC wars and how are they doing now.
Quote:
Originally Posted by jungmark
Yup, Cook and the execs are swimming in gold coins, light cigars with $100 bills, making the new HQ with bars of platinum, etc. you have no idea what their plans are. Thank Jobs you're not managing Apple. I wouldn't trust you to plan a dinner.
Win what, exactly? MS won the PC wars and how are they doing now.
They actually are pretty close to making the new HQ out of platinum, check out the story on this very site. "Every piece of glass is curved", as St Steve himself boasted. $5BN (or $3BN if they succeed in their cost-cutting) for a BUILDING. Yowza.
Quote:
Originally Posted by SpamSandwich
If we really knew, do you think we'd be sitting here instead of capitalizing on that information?
sorry but everyone knew that if AAPL stock broke $430 support the stock would drop like a rock..fund managers cannot justify holding a losing stock and they will dump it..today there were massive institutional selling and it is not over..the stock will go lower and lower
Quote:
Originally Posted by igriv
They actually are pretty close to making the new HQ out of platinum, check out the story on this very site. "Every piece of glass is curved", as St Steve himself boasted. $5BN (or $3BN if they succeed in their cost-cutting) for a BUILDING. Yowza.
I don't care if it costs $10B. As long as they think and believe it is the platform they need to build this company into a dominant force for the next 50 years. Spend away
Investing for the right reason is NOT the issue here. The lack of overall investment is
Quote:
Originally Posted by igriv
They actually are pretty close to making the new HQ out of platinum, check out the story on this very site. "Every piece of glass is curved", as St Steve himself boasted. $5BN (or $3BN if they succeed in their cost-cutting) for a BUILDING. Yowza.
They made $13bn in profits last quarter alone, I don't think it's going to hurt them any.
Quote:
Originally Posted by fastasleep
They made $13bn in profits last quarter alone, I don't think it's going to hurt them any.
That's the most ridiculous thing I have ever heard anyone say, and Apple management, which is earnestly trying to cut the cost to a mere $3BN, is obviously not agreeing with you.