Shares of Apple sink after supplier Cirrus warns of weak results

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  • Reply 81 of 400
    tallest skiltallest skil Posts: 43,388member


    Originally Posted by Teamracer View Post

    There we go again ....


    Tallest Skil calling all the people dumb an idiots who have another opinion than his.





    Nope. Read it again.






    People who announced at 500 or 460 were called dumb when they thought about selling apple stock.


    Only time will tell if i can find a good entry point to reinvest my cash. ? 




     


    So… which is it? Should people be selling or should they be buying?

  • Reply 82 of 400

    Quote:

    Originally Posted by Tallest Skil View Post


     


    At the rate the stock's going, they'll match their cash in roughly another year and a half. image


     


    After that, all they have to worry about is continuing to make amazing products and flipping the bird at idiots.



    If only that statement was true. Lately Apple hasn't released a new amazing product. Taking an iPad and making it small and light isn't looked at as amazing. Apple is expected to sell millions of iOS devices that bar has been set. I have said on this forum many times when you are at the top there is only one place to go. Stock tend simply proves that point.


     


    A company only gets one chance to create something revolutionary after that point updates are simply evolutionary. iPhone, iPad, OSX, MacBook, iMac have simply become evolutionary. All great products but at this point fairly common to own. Great  numbers are now expected Apple no longer gets rewarded for great sales they only take a penalty when they don't meet the street.

  • Reply 83 of 400
    flaneurflaneur Posts: 4,526member
    igriv wrote: »
    Yes, you are MUCH smarter than the entire investing community.

    Another playground taunt.
  • Reply 84 of 400

    Quote:

    Originally Posted by Tallest Skil View Post




    Nope. Read it again.


     


    So… which is it? Should people be selling or should they be buying?



    Like me should have sold in the 600 range. The next watermark was 500.00 once it broke below that point the slide wasn't going to stop anytime soon. If it actually breaks 400.00 for any length of time that is really going to be bad news.

  • Reply 85 of 400
    tallest skiltallest skil Posts: 43,388member


    Originally Posted by extremeskater View Post

    Apple is expected to sell millions of iOS devices that bar has been set.


     


    And since they do, consistently, every quarter… 


     


    What?






    A company only gets one chance to create something revolutionary after that point updates are simply evolutionary.




     


    Not really. Apple has done five revolutionary hardware products so far, and we can all see the sixth peeking out behind the curtain.


     


    If you mean updates to said product, frick doy. What else WOULD they be?


     


    Wall Street has always wanted every single update to every single product to be as industry-shaking as the first iteration thereof. Every single thread about a new product since the return of Steve shows you that. Wall Street is full of idiots. That's all there is to it. They want what no company can provide nor has ever provided. The trick is to ignore their stints of vacuousness and to show them where they're wrong, and Apple's great at doing that.

  • Reply 86 of 400
    solipsismxsolipsismx Posts: 19,566member
    jdnc123 wrote: »
    Amazon may not be making a lot right now, but they are investing every penny they have for future growth.  Apple sits on their cash and has no idea where to put it, which is why Amazon is given a pass, at least they are trying.

    I can't imagine the mental gymnastics it takes to look a company that turns a profit and then claim they are "sitting on their cash" despite nearly daily news of huge investments. In the last year along Apple has spent more of its profits than Amazon has ever made in its entire history as a company, private or public.

    You can say they should do more but to claim they aren't doing anything but sitting on it is complete BS.
  • Reply 87 of 400
    mstonemstone Posts: 11,510member


    Looks like Apple is buying back shares right now as there seems to be a constant but limited buy order just pennies above $400.

  • Reply 88 of 400
    igrivigriv Posts: 1,177member

    Quote:

    Originally Posted by Flaneur View Post





    Another playground taunt.


     


    On the contrary. Nothing the poster is saying is at all surprising, which means that it has been factored into the stock price. All those analysts have iPhones and like them, and yet they don't want to buy the company. The right thing is not to call them idiots (as you and the poster are doing), but to try to understand what it is that bothers them.

  • Reply 89 of 400
    zoetmbzoetmb Posts: 2,654member

    Quote:

    Originally Posted by SolipsismX View Post



    What Apple needs are Amazon-like results to turn the stock around¡


    Are you kidding?   Amazon generates tons of cash flow, but very little profit.   Many quarters, it makes no profit at all, which it usually blames on free shipping.

  • Reply 90 of 400

    Quote:

    Originally Posted by Tallest Skil View Post




    Nope. Read it again.


     


    So… which is it? Should people be selling or should they be buying?



    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

  • Reply 91 of 400

    Quote:

    Originally Posted by SolipsismX View Post



    What Apple needs are Amazon-like results to turn the stock around¡


    What makes the market swallow Amazon's results -- such as they are -- is the fact that investors think Bezos is communicating his strategy well. For whatever reason, they trust him. He is always out there, making a case for his company, his stock, his products/services.


     


    Apple just clams up. Not a peep. As a result, there is ton of misinformation and disinfomration that investors are simply not able to sort through. Here's s startling statistic: the volatility (measured by the annualized standard deviation) in the overall market is about 15%. Apple's was ~20% last year, and ~25% earlier this year. I the past couple of weeks, it has jumped to ~44%.


     


    This kind of excess volatility is simply the result of no/poor/bogus/dis-/mis-information.


     


    I've said this many times before, and I'll say it again: Cook and Oppenheimer are not terribly savvy in their dealings with the market (Jobs did not have that problem because he was a known quantity), and the Board has been absolutely atrocious.

  • Reply 92 of 400
    solipsismxsolipsismx Posts: 19,566member
    zoetmb wrote: »
    Are you kidding?   Amazon generates tons of cash flow, but very little profit.   Many quarters, it makes no profit at all, which it usually blames on free shipping.

    http://en.wikipedia.org/wiki/Irony_punctuation#Temherte_slaq.C3.AE
  • Reply 93 of 400
    red oakred oak Posts: 1,087member


    Ridiculous the company is sitting on $145 billion in cash and does not buy its own stock back.  Why does it take 9 months to come up with a plan on how to use cash?   


     


    Note to Cupertino:  Wake up.  Get your head out of your ass.  You risk the perception becoming the reality  

  • Reply 94 of 400
    luxom3luxom3 Posts: 96member
    This...
    "Apple's earnings for its previous holiday quarter were flat year over year"

    Apple's biggest issue IS NOT whether its products are great or whatever... it's momentum.
    Rewind 4 or 5 even 6 years ago, Apple carved out an entirely new demand with it's iPhone and a new market with it's iPad. Everyone jumped on board.

    But as more competition moved in/caught up, the death of Steve Jobs, and perhaps the ability to negotiate globally... the momentum Apple had... has slowed.

    It's not a bad thing per se... it happens.

    The stock price to me... reflects a bit more realistic price support given it's current service and product offerings.
  • Reply 95 of 400
    apple ][apple ][ Posts: 9,233member

    Quote:

    Originally Posted by anantksundaram View Post

    Apple just clams up. Not a peep. As a result, there is ton of misinformation and disinfomration that investors are simply not able to sort through. 


     


    I agree. Apple needs to set the tone and control the narrative. If there is none, then the media will just make up their own.

  • Reply 96 of 400
    igrivigriv Posts: 1,177member

    Quote:

    Originally Posted by anantksundaram View Post


    What makes the market swallow Amazon's results -- such as they are -- is the fact that investors think Bezos is communicating his strategy well. For whatever reason, they trust him. He is always out there, making a case for his company, his stock, his products/services.


     


    Apple just clams up. Not a peep. As a result, there is ton of misinformation and disinfomration that investors are simply not able to sort through. Here's s startling statistic: the volatility (measured by the annualized standard deviation) in the overall market is about 15%. Apple's was ~20% last year, and ~25% earlier this year. I the past couple of weeks, it has jumped to ~44%.


     


    This kind of excess volatility is simply the result of no/poor/bogus/dis-/mis-information.


     


    I've said this many times before, and I'll say it again: Cook and Oppenheimer are not terribly savvy in their dealings with the market (Jobs did not have that problem because he was a known quantity), and the Board has been absolutely atrocious.



     


    I agree with this. Apple's "Jobs board" is a bunch of stooges and needs to go (it's only purpose was to be window dressing and to rubber-stamp Jobsian initiatives, times have changed).

  • Reply 97 of 400

    Quote:

    Originally Posted by lukefrench View Post




    Quote:

    Originally Posted by Slurpy View Post



    Unreal. Just unreal. I don't even know what to say anymore. Just mind-blowing how a blip of a rumor makes Apple sock plummet. Why the **** does this not happen to any other company?




    Because the stock is now an option trader wet dream and not valuated on fundamentals ?


     


    There is a tremendous chorus of bad mouthing from those who play against the naïve investors and against Apple and it wont stop anytime soon.


    However as Apple has no debt, there is few risks for them, so the day the shorts capitulate, they are in  for a very bad mauling. Fundamentals always win in the end and Apple ones are fabulous.



    These are all just cheap (and convenient) conspiracy theories.


     


    It is fundamentally an information problem, and imho, lands squarely on Apple's feet (see my post above for details).

  • Reply 98 of 400
    solipsismxsolipsismx Posts: 19,566member
    red oak wrote: »
    Ridiculous the company is sitting on $145 billion in cash and does not buy its own stock back.

    It doesn't? When did they decide to no longer buy back their stock?
  • Reply 99 of 400
    rogifanrogifan Posts: 10,669member
    What makes the market swallow Amazon's results -- such as they are -- is the fact that investors think Bezos is communicating his strategy well. For whatever reason, they trust him. He is always out there, making a case for his company, his stock, his products/services.

    Apple just clams up. Not a peep. As a result, there is ton of misinformation and disinfomration that investors are simply not able to sort through. Here's s startling statistic: the volatility (measured by the annualized standard deviation) in the overall market is about 15%. Apple's was ~20% last year, and ~25% earlier this year. I the past couple of weeks, it has jumped to ~44%.

    This kind of excess volatility is simply the result of no/poor/bogus/dis-/mis-information.

    I've said this many times before, and I'll say it again: Cook and Oppenheimer are not terribly savvy in their dealings with the market (Jobs did not have that problem because he was a known quantity), and the Board has been absolutely atrocious.
    I don't agree with you that Amazon communicates more. I tune in to CNBC on a regular basis and they're always going after Amazon for saying nothing on their earnings calls or putting out press releases with no hard information. I think it's pretty simple. The market treats Bezos like they did Jobs. He can basically get away with anything because he's treated like a messianic figure.
  • Reply 100 of 400
    poksipoksi Posts: 482member
    "...it would see lower shipments of a high-volume product as an unnamed customer migrates to a newer component from Cirrus...."

    criminals from Wall Street have reversed this actually very good news into another Apple's flop...

    it's not anymore about Apple. It's all about Tim Cook and his incompetence to realize he is not considered as next Jobs thus not having privilege not treat Wall Street idiots the same way. Cook is a logistic specialist who needs a properly managed development side. Period.
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