Well, the computer market is shrinking, but Mac is becoming a bigger percentage of it. And it's tablets that are cannibalising PCs more than phones, and iPad dominates there, so I don't buy your narrative.
But that's not the reason I don't believe the rumor. I don't believe it because when Apple moves you can normally see the thought that has gone in to it, but just outright cancelling all orders (as against this or that particular component) seems uncharacteristically broad and thoughtless. It's not something they would do.
Edit: And they haven't been caught flat footed on phones either, everyone else has been playing catch up with the iPhone for a long time, some big old phone companies nearly bankrupt because of it. Now you could argue Android has finally caught up, but playing catch up and innovating are 2 different things. The media was by and large underwhelmed with the Galaxy S4.
A Galaxy S4 (or, my preference, Galaxy 3s) is being priced above the iPhone 5! Samsung having some component issues it seems. Which, IIRC, they actually warned about in the last reanings announvcement.
That sounds credible to me. I don't think it's just the economy, either. When looking at this issue of demand, I look at my own usage and buying plans as a starting point. Normally, I'd be planning to buy another MBP at this point (mine is 4 years old, 500GB, 4GB RAM, 2.6GHZ I believe). The machine is getting slow and requires a lot of disk and memory maintenance. However, I'm going to go at least another year with it unless it blows up. Why? Because I rarely use it. I went from a pretty heavy duty user (every day, video and audio editing, browsing, etc) to someone that uses his iPad for most daily tasks. My iPad Mini is more convenient for daily tasks and much more convenient for browising, social networking, etc. It's really replaced my laptop except for post-grad paperwork and serious video editing. I just can't justify dropping close to 2,500 on a new one. I suspect my situation is not atypical. Add to that the weak economy, and that explains it.
What a BS article. There are absolutely NO CONCRETE NUMBERS ON ANYTHING.
This article should have NEVER seen the light of day.
What is WRONG with journalists these days? Bored? I would rather see a well written, well documented article that actually MEANS something, than 1000 worthless, meaningless articles.
This article wasted 20 seconds of my time reading it.
Many people are blaming smart phones and tablets for a sharp decline in desktop and laptop sales. Certainly that is true to an extent, but it is also simply because computers bought in the last few years are perfectly capable of running the latest versions of OS X or Windows. Other people are content not to run the latest OS at all. Snow Leopard in fact had a larger share than Lion as recently as January and was only slightly behind Mountain Lion in second place. People are just content to keep their computers longer than they used to.
When you go back 6 years and earlier the difference in speed from one year to the next was pretty amazing. These advances are still occurring but around 3 or 4 years ago they became fast enough that they are still very useful today. Unless you are a hard core gamer, video editor, or other niche segments chances are your 4 year old computer is fast enough to do everything you ask of it. There is simply less need to upgrade computers as in the past.
What is WRONG with journalists these days? Bored? I would rather see a well written, well documented article that actually MEANS something, than 1000 worthless, meaningless articles.
The problem is that page hits and ad impressions (which are the important metrics these days) are easier to come by by writing click-bait rumor articles that can be churned out ad infinitum than writing well-researched articles that take more time and effort to put out and aren't guaranteed to drive your metrics up as much.
Every iFan bashes the Mac, until some rumor can hurt the AAPL stock (because this could be a menace for their iToys). Then they become Mac fans in a magical way, and defend the Mac like if it was their computer. But as soon as the rumor goes away, they return to their iToys routine.
Every iFan bashes the Mac, until some rumor can hurt the AAPL stock (because this could be a menace for their iToys). Then they become Mac fans in a magical way, and defend the Mac like if it was their computer. But as soon as the rumor goes away, they return to their iToys routine.
People were saying this in the run up to the last earnings call too: analysts had it all wrong, rumours were wrong, the stock would soar once the earnings were announced. Instead it sunk from $500 to around $460 after earnings.
Pressed in large part by "fake" announcements and large-scale institutional profit-taking buy-in/sell-offs creating a 'volatile' stock where there should be a calm and high-value one. A lot of manipulation going on there.
The timing is pretty revealing. Again, "news" like this being "leaked" just before a quarterly report, pressing the stock down, and making it a better buy for the large cap investor.
Apple might miss their guidance this quarter. They'll still have revenues something like 40 BILLION dollars and profits in the 30 percentile range (which should send ANY stock upwards), but it will be slightly below projections, due to a globally weak market (nothing at all to do with Apple's fundamentals, really). So it will go further down, which is ridiculous, but there it is. That occasion will play out as a fat opportunity for the big-cap buyers, who will take full advantage of the extreme undervaluation of this stock.
I hope Apple takes advantage of the underpriced shares and does a massive buy back. That would send the remaining shares sky high...
Tim Cook should just follow what Warren Buffet said:
You can’t run a business to push the stock price up on a daily basis. Berkshire has gone down 50% four times in its history. When that happens, if you’ve got money you buy it. You just keep working on building the value. I heard from people each time [Berkshire shares went down], saying why don’t you do this or that.
I'm sure his advice is far more valuable than the people who have never run a business that think they can school Apple and Tim Cook and how things should be done.
Not stressed, just hope employees, investors, etc see what I see and push him out the door. This company going nowhere but down with him leading it. We are over $300 billion of value evaporated at this point in less than a year. Its really an epic implosion. Its like a train wreck. What you are watching has never happened before, no CEO has every destroyed that much value, let alone in such short order. Harvard Business Review case studies will be written about this.
So how are all of you feeling about those more reliable prognosticators who kept saying Apple would reach $1000 per share?
Pump and dump is an old strategy. It is a demonstration of how greed and evil work in our freeish society. There should be a better measurement of how the world is doing than to listen to reports about how well the stock market is doing. I stopped believing anything the US government says about the economy or wars. It seems that the same type of people as the Wall Street crowd are running our government.
What is Apple's actual worth if it were to be liquidated tomorrow? It wouldn't be worth $400 per share that's for sure. The stock market doesn't seem to be about real value anymore. Why do people put their money into it when they know it is just about gambling on reputation and rumors. I suppose if you're the one in control of the rumor then you would have a clue where a stock would be going. Everybody else is just staking their money on the say so of an analyst who without a doubt has been proven wrong numerous times.
With all of this being said, is Tim Cook really responsible for the huge run up in the stock price and is he equally responsible for its drop? If the company is earning more and more profit then that is a clear indicator of his real value.
So how are all of you feeling about those more reliable prognosticators who kept saying Apple would reach $1000 per share?
That's the funny part. Many of the same people who call out the people who make ridiculous statements about the direction and products that Apple should make as anal-ysts are the same people who were riding the wave created by many of the same anal-ysts who were claiming that Apple's stock was just going to keep growing forever and ever and forecasting ridiculous share prices. The greedy got slaughtered while the big boys made tons of dough. Any savvy investor would have been taking profits at every point that Apple's stock was growing. To not have done so is plainly stupid. It's not Tim Cook's fault when an investor makes stupid decisions.
Of course, they're declining from "Beyond Measurement" to "Only Just Really, Really Good" but the point, for purposes of this discussion, is that the direction they're taking is not "up." I find that interesting because my experience is exactly the opposite. I'm slightly less satisfied with Apple products (specifically around screen size issues and non-standard storage), but happier than ever with the store and tech support.
As for the last point, I'm curious about how you measure "quality?" That's an area that is as subjective as objectively measurable, so it's interesting to know which factors matter to others.
What constitutes an increase in "quality?" Better build integrity? Improved specs? New features? Greater reliability? Is the "quality" measurement affected by designs that reduce yield rates and result in product shortages, or is even a high defect rate acceptable if weeding them out insures quality to the end user? How about shunning the economies of scale that come with industry standards for storage by using a unique form factor that improves performance but increases cost and reduces options for the user? Is that better or worse?
If you remove specs, I might be inclined to describe Apple's quality as "excellent before and still excellent with no really significant change" rather than "up" but I'm open to being persuaded otherwise.
Another day of letting jdnc123's trolling jack up the forums.
I understand your disagreement with his views, and share the opinion that her/his valuation methodology is... well, "inconsistent" with what others seem to prefer, but I don't understand how that's "trolling?"
Isn't "trolling" defined as posting things simply for the sake of provoking a reaction? Why do we automatically assume that everyone whose views differ from ours is a troll? Why can't we just accept that some people have different points of view? Isn't it possible that this person likes Apple products, but is pissed off because (s)he thinks Cook is killing the stock? Where else WOULD you express that view but on a forum expressly dedicated to Apple?
I also have trouble understanding why anyone who takes issue with anything Apple does must be a "hater." There are things I would change about my best friend if I could, but that doesn't mean I don't want him as a friend. Likewise, there are things I wish Apple would do differently, but that doesn't mean there aren't things about the company and its products that I *DO* like. It's possible to be "pro-Apple" without being a cultish worshipper.
Not stressed, just hope employees, investors, etc see what I see and push him out the door. This company going nowhere but down with him leading it. We are over $300 billion of value evaporated at this point in less than a year. Its really an epic implosion. Its like a train wreck. What you are watching has never happened before, no CEO has every destroyed that much value, let alone in such short order. Harvard Business Review case studies will be written about this.
LOL. Bullshit.
First, the measure of a company isn't the market cap but what the hell it actually earns. There's no implosion there.
Second, PetroChina's high water market cap in 2007 was 1 Trillion USD...twice that of Exxon Mobile. But Exxon Mobile was a much larger company in terms of earnings and actual gas reserves. Market cap cratered but it's still a huge company today. It went from a high of $1T in Nov 2007 to $739B in Dec 2007 to $423B in Mar 2008 down to 259B by 4Q of 2008. The crash certainly didn't help but it was hugely overvalued at $1T. The current market valuation seems far more reasonable.
Apple's declines were partly due to pairs trading up, then down and then massive hedge fund selling. Not anything Cook or Apple is or was doing.
/shrug
Doesn't matter much if you're long. Implosion is RIM and Nokia. This is just market shenanigans.
Not stressed, just hope employees, investors, etc see what I see and push him out the door. This company going nowhere but down with him leading it. We are over $300 billion of value evaporated at this point in less than a year. Its really an epic implosion. Its like a train wreck. What you are watching has never happened before, no CEO has every destroyed that much value, let alone in such short order. Harvard Business Review case studies will be written about this.
All of your posts sound exactly like this in my head now:
I understand your disagreement with his views, and share the opinion that her/his valuation methodology is... well, "inconsistent" with what others seem to prefer, but I don't understand how that's "trolling?"
Isn't "trolling" defined as posting things simply for the sake of provoking a reaction? Why do we automatically assume that everyone whose views differ from ours is a troll? Why can't we just accept that some people have different points of view? Isn't it possible that this person likes Apple products, but is pissed off because (s)he thinks Cook is killing the stock? Where else WOULD you express that view but on a forum expressly dedicated to Apple?
I also have trouble understanding why anyone who takes issue with anything Apple does must be a "hater." There are things I would change about my best friend if I could, but that doesn't mean I don't want him as a friend. Likewise, there are things I wish Apple would do differently, but that doesn't mean there aren't things about the company and its products that I *DO* like. It's possible to be "pro-Apple" without being a cultish worshipper.
Because what he writes is factually incorrect, trollish and repeated ad nauseum...it's like Tim Cook ran over his dog or something or more likely he lost an asston on AAPL and wont admit to himself it was his fault.
How much did I lose on AAPL? $0. How much did I gain on AAPL? $0. Wont know until I cash out. Don't need to cash out for 20 years. Debated doing some profit taking when it was high but told myself don't try to time the market and left it be. Win some, lose some but paper gains and paper losses are meaningless.
More like he's some weird version of Tekstud getting his jollies provoking people here.
Because what he writes is factually incorrect, trollish and repeated ad nauseum...it's like Tim Cook ran over his dog or something or more likely he lost an asston on AAPL and wont admit to himself it was his fault.
But it can't be his fault! Tim Cook is clearly the worst CEO of all time because Apple's "enterprise value" is lower than before he started!!! /s
Oh and v5v, the notion that "enterprise value" is the sole metric by which one can judge a company is absolutely silly. Yet, this is the only metric that jndc can produce in his anti-Tim Cook rants. He brushes away the record revenues, he brushes away the record profit margins, he brushes away that market cap even after today is still higher than before he took over, he brushes away that even after today the stock price is higher than before he took over. He ignores the fact that it was Tim Cook running the business when it went up to its peak stock price, etc. He then ignores the fact that there have been numerous times under Steve Jobs that products were delayed (sometimes multiple times), products were rushed out before ready and Steve Jobs did apologize over, that there were a number of times when products faced supply constraints, etc. He hand waves it all away so he can claim that Tim Cook is the worst CEO ever imagined.
That is why he is a troll. Not simply because he "takes issue with Apple".
Well I actually see an argument for a swing back in the direction of desktops: for the desktop. Mobile is largely satisfied with an iPad or iPad mini (outside content creation and that's a fraction of overall mobile use I'll warrant) so that eats into laptops and for the desk, why settle for a more exspensive, smaller and less powerful machine and screen?
There's always turnover as well as new users.
Yes. And also for Apple, I have to believe that there's still some halo effect and acquired addiction to the Apple ecosystem (i.e. switchers).
Further... mobile devices have and will gain ground, but for homeowners and families (of this & one more generation), there will always be a need for a trusty desktop that does not have that stress-induced rechargeable battery in it...because who likes to leave a rechargeable battery plugged into the wall all the time? :-)
Comments
Quote:
Originally Posted by ascii
Well, the computer market is shrinking, but Mac is becoming a bigger percentage of it. And it's tablets that are cannibalising PCs more than phones, and iPad dominates there, so I don't buy your narrative.
But that's not the reason I don't believe the rumor. I don't believe it because when Apple moves you can normally see the thought that has gone in to it, but just outright cancelling all orders (as against this or that particular component) seems uncharacteristically broad and thoughtless. It's not something they would do.
Edit: And they haven't been caught flat footed on phones either, everyone else has been playing catch up with the iPhone for a long time, some big old phone companies nearly bankrupt because of it. Now you could argue Android has finally caught up, but playing catch up and innovating are 2 different things. The media was by and large underwhelmed with the Galaxy S4.
A Galaxy S4 (or, my preference, Galaxy 3s) is being priced above the iPhone 5! Samsung having some component issues it seems. Which, IIRC, they actually warned about in the last reanings announvcement.
This article should have NEVER seen the light of day.
What is WRONG with journalists these days? Bored? I would rather see a well written, well documented article that actually MEANS something, than 1000 worthless, meaningless articles.
This article wasted 20 seconds of my time reading it.
Many people are blaming smart phones and tablets for a sharp decline in desktop and laptop sales. Certainly that is true to an extent, but it is also simply because computers bought in the last few years are perfectly capable of running the latest versions of OS X or Windows. Other people are content not to run the latest OS at all. Snow Leopard in fact had a larger share than Lion as recently as January and was only slightly behind Mountain Lion in second place. People are just content to keep their computers longer than they used to.
When you go back 6 years and earlier the difference in speed from one year to the next was pretty amazing. These advances are still occurring but around 3 or 4 years ago they became fast enough that they are still very useful today. Unless you are a hard core gamer, video editor, or other niche segments chances are your 4 year old computer is fast enough to do everything you ask of it. There is simply less need to upgrade computers as in the past.
Quote:
Originally Posted by drblank
What is WRONG with journalists these days? Bored? I would rather see a well written, well documented article that actually MEANS something, than 1000 worthless, meaningless articles.
The problem is that page hits and ad impressions (which are the important metrics these days) are easier to come by by writing click-bait rumor articles that can be churned out ad infinitum than writing well-researched articles that take more time and effort to put out and aren't guaranteed to drive your metrics up as much.
Every iFan bashes the Mac, until some rumor can hurt the AAPL stock (because this could be a menace for their iToys). Then they become Mac fans in a magical way, and defend the Mac like if it was their computer. But as soon as the rumor goes away, they return to their iToys routine.
Quote:
Originally Posted by ecs
Every iFan bashes the Mac, until some rumor can hurt the AAPL stock (because this could be a menace for their iToys). Then they become Mac fans in a magical way, and defend the Mac like if it was their computer. But as soon as the rumor goes away, they return to their iToys routine.
*golf clap*
Quote:
Originally Posted by eksodos
People were saying this in the run up to the last earnings call too: analysts had it all wrong, rumours were wrong, the stock would soar once the earnings were announced. Instead it sunk from $500 to around $460 after earnings.
Pressed in large part by "fake" announcements and large-scale institutional profit-taking buy-in/sell-offs creating a 'volatile' stock where there should be a calm and high-value one. A lot of manipulation going on there.
The timing is pretty revealing. Again, "news" like this being "leaked" just before a quarterly report, pressing the stock down, and making it a better buy for the large cap investor.
Apple might miss their guidance this quarter. They'll still have revenues something like 40 BILLION dollars and profits in the 30 percentile range (which should send ANY stock upwards), but it will be slightly below projections, due to a globally weak market (nothing at all to do with Apple's fundamentals, really). So it will go further down, which is ridiculous, but there it is. That occasion will play out as a fat opportunity for the big-cap buyers, who will take full advantage of the extreme undervaluation of this stock.
I hope Apple takes advantage of the underpriced shares and does a massive buy back. That would send the remaining shares sky high...
Tim Cook should just follow what Warren Buffet said:
You can’t run a business to push the stock price up on a daily basis. Berkshire has gone down 50% four times in its history. When that happens, if you’ve got money you buy it. You just keep working on building the value. I heard from people each time [Berkshire shares went down], saying why don’t you do this or that.
I'm sure his advice is far more valuable than the people who have never run a business that think they can school Apple and Tim Cook and how things should be done.
Quote:
Originally Posted by jdnc123
Not stressed, just hope employees, investors, etc see what I see and push him out the door. This company going nowhere but down with him leading it. We are over $300 billion of value evaporated at this point in less than a year. Its really an epic implosion. Its like a train wreck. What you are watching has never happened before, no CEO has every destroyed that much value, let alone in such short order. Harvard Business Review case studies will be written about this.
So how are all of you feeling about those more reliable prognosticators who kept saying Apple would reach $1000 per share?
Pump and dump is an old strategy. It is a demonstration of how greed and evil work in our freeish society. There should be a better measurement of how the world is doing than to listen to reports about how well the stock market is doing. I stopped believing anything the US government says about the economy or wars. It seems that the same type of people as the Wall Street crowd are running our government.
What is Apple's actual worth if it were to be liquidated tomorrow? It wouldn't be worth $400 per share that's for sure. The stock market doesn't seem to be about real value anymore. Why do people put their money into it when they know it is just about gambling on reputation and rumors. I suppose if you're the one in control of the rumor then you would have a clue where a stock would be going. Everybody else is just staking their money on the say so of an analyst who without a doubt has been proven wrong numerous times.
With all of this being said, is Tim Cook really responsible for the huge run up in the stock price and is he equally responsible for its drop? If the company is earning more and more profit then that is a clear indicator of his real value.
Quote:
Originally Posted by Smallwheels
So how are all of you feeling about those more reliable prognosticators who kept saying Apple would reach $1000 per share?
That's the funny part. Many of the same people who call out the people who make ridiculous statements about the direction and products that Apple should make as anal-ysts are the same people who were riding the wave created by many of the same anal-ysts who were claiming that Apple's stock was just going to keep growing forever and ever and forecasting ridiculous share prices. The greedy got slaughtered while the big boys made tons of dough. Any savvy investor would have been taking profits at every point that Apple's stock was growing. To not have done so is plainly stupid. It's not Tim Cook's fault when an investor makes stupid decisions.
Quote:
Originally Posted by Tallest Skil
Marketshare: UP
Profit: UP
Cash: UP
Satisfaction: UP
Quality: UP
I have thoughts about the last two points.
Most reports of customer satisfaction showed Apple products leading the way, but some show satisfaction with services is actually declining.
http://appleinsider.com/articles/12/12/27/customers-say-apples-online-store-has-become-less-satisfying-to-shop
http://appleinsider.com/articles/12/02/02/quality_of_apples_industry_leading_tech_support_declines_in_2011
Of course, they're declining from "Beyond Measurement" to "Only Just Really, Really Good" but the point, for purposes of this discussion, is that the direction they're taking is not "up." I find that interesting because my experience is exactly the opposite. I'm slightly less satisfied with Apple products (specifically around screen size issues and non-standard storage), but happier than ever with the store and tech support.
As for the last point, I'm curious about how you measure "quality?" That's an area that is as subjective as objectively measurable, so it's interesting to know which factors matter to others.
What constitutes an increase in "quality?" Better build integrity? Improved specs? New features? Greater reliability? Is the "quality" measurement affected by designs that reduce yield rates and result in product shortages, or is even a high defect rate acceptable if weeding them out insures quality to the end user? How about shunning the economies of scale that come with industry standards for storage by using a unique form factor that improves performance but increases cost and reduces options for the user? Is that better or worse?
If you remove specs, I might be inclined to describe Apple's quality as "excellent before and still excellent with no really significant change" rather than "up" but I'm open to being persuaded otherwise.
Quote:
Originally Posted by SolipsismX
Another day of letting jdnc123's trolling jack up the forums.
I understand your disagreement with his views, and share the opinion that her/his valuation methodology is... well, "inconsistent" with what others seem to prefer, but I don't understand how that's "trolling?"
Isn't "trolling" defined as posting things simply for the sake of provoking a reaction? Why do we automatically assume that everyone whose views differ from ours is a troll? Why can't we just accept that some people have different points of view? Isn't it possible that this person likes Apple products, but is pissed off because (s)he thinks Cook is killing the stock? Where else WOULD you express that view but on a forum expressly dedicated to Apple?
I also have trouble understanding why anyone who takes issue with anything Apple does must be a "hater." There are things I would change about my best friend if I could, but that doesn't mean I don't want him as a friend. Likewise, there are things I wish Apple would do differently, but that doesn't mean there aren't things about the company and its products that I *DO* like. It's possible to be "pro-Apple" without being a cultish worshipper.
Yes.
Clearly I don't as I disagree with your assessment of him trolling and don't think you're a troll because of it.
Quote:
Originally Posted by jdnc123
Not stressed, just hope employees, investors, etc see what I see and push him out the door. This company going nowhere but down with him leading it. We are over $300 billion of value evaporated at this point in less than a year. Its really an epic implosion. Its like a train wreck. What you are watching has never happened before, no CEO has every destroyed that much value, let alone in such short order. Harvard Business Review case studies will be written about this.
LOL. Bullshit.
First, the measure of a company isn't the market cap but what the hell it actually earns. There's no implosion there.
Second, PetroChina's high water market cap in 2007 was 1 Trillion USD...twice that of Exxon Mobile. But Exxon Mobile was a much larger company in terms of earnings and actual gas reserves. Market cap cratered but it's still a huge company today. It went from a high of $1T in Nov 2007 to $739B in Dec 2007 to $423B in Mar 2008 down to 259B by 4Q of 2008. The crash certainly didn't help but it was hugely overvalued at $1T. The current market valuation seems far more reasonable.
Apple's declines were partly due to pairs trading up, then down and then massive hedge fund selling. Not anything Cook or Apple is or was doing.
/shrug
Doesn't matter much if you're long. Implosion is RIM and Nokia. This is just market shenanigans.
Quote:
Originally Posted by jdnc123
Not stressed, just hope employees, investors, etc see what I see and push him out the door. This company going nowhere but down with him leading it. We are over $300 billion of value evaporated at this point in less than a year. Its really an epic implosion. Its like a train wreck. What you are watching has never happened before, no CEO has every destroyed that much value, let alone in such short order. Harvard Business Review case studies will be written about this.
All of your posts sound exactly like this in my head now:
Quote:
Originally Posted by v5v
I also have trouble understanding why anyone who takes issue with anything Apple does must be a "hater."
Nice strawman. No one is labeling him as a "hater" or any such thing. Least of because he "takes issue with Apple". He is trolling, though.
Quote:
Originally Posted by v5v
I understand your disagreement with his views, and share the opinion that her/his valuation methodology is... well, "inconsistent" with what others seem to prefer, but I don't understand how that's "trolling?"
Isn't "trolling" defined as posting things simply for the sake of provoking a reaction? Why do we automatically assume that everyone whose views differ from ours is a troll? Why can't we just accept that some people have different points of view? Isn't it possible that this person likes Apple products, but is pissed off because (s)he thinks Cook is killing the stock? Where else WOULD you express that view but on a forum expressly dedicated to Apple?
I also have trouble understanding why anyone who takes issue with anything Apple does must be a "hater." There are things I would change about my best friend if I could, but that doesn't mean I don't want him as a friend. Likewise, there are things I wish Apple would do differently, but that doesn't mean there aren't things about the company and its products that I *DO* like. It's possible to be "pro-Apple" without being a cultish worshipper.
Because what he writes is factually incorrect, trollish and repeated ad nauseum...it's like Tim Cook ran over his dog or something or more likely he lost an asston on AAPL and wont admit to himself it was his fault.
How much did I lose on AAPL? $0. How much did I gain on AAPL? $0. Wont know until I cash out. Don't need to cash out for 20 years. Debated doing some profit taking when it was high but told myself don't try to time the market and left it be. Win some, lose some but paper gains and paper losses are meaningless.
More like he's some weird version of Tekstud getting his jollies provoking people here.
Quote:
Originally Posted by nht
Because what he writes is factually incorrect, trollish and repeated ad nauseum...it's like Tim Cook ran over his dog or something or more likely he lost an asston on AAPL and wont admit to himself it was his fault.
But it can't be his fault! Tim Cook is clearly the worst CEO of all time because Apple's "enterprise value" is lower than before he started!!! /s
Oh and v5v, the notion that "enterprise value" is the sole metric by which one can judge a company is absolutely silly. Yet, this is the only metric that jndc can produce in his anti-Tim Cook rants. He brushes away the record revenues, he brushes away the record profit margins, he brushes away that market cap even after today is still higher than before he took over, he brushes away that even after today the stock price is higher than before he took over. He ignores the fact that it was Tim Cook running the business when it went up to its peak stock price, etc. He then ignores the fact that there have been numerous times under Steve Jobs that products were delayed (sometimes multiple times), products were rushed out before ready and Steve Jobs did apologize over, that there were a number of times when products faced supply constraints, etc. He hand waves it all away so he can claim that Tim Cook is the worst CEO ever imagined.
That is why he is a troll. Not simply because he "takes issue with Apple".
Quote:
Originally Posted by jfc1138
Well I actually see an argument for a swing back in the direction of desktops: for the desktop. Mobile is largely satisfied with an iPad or iPad mini (outside content creation and that's a fraction of overall mobile use I'll warrant) so that eats into laptops and for the desk, why settle for a more exspensive, smaller and less powerful machine and screen?
There's always turnover as well as new users.
Yes. And also for Apple, I have to believe that there's still some halo effect and acquired addiction to the Apple ecosystem (i.e. switchers).
Further... mobile devices have and will gain ground, but for homeowners and families (of this & one more generation), there will always be a need for a trusty desktop that does not have that stress-induced rechargeable battery in it...because who likes to leave a rechargeable battery plugged into the wall all the time? :-)