I said the analysts would work the China debut numbers into the equation. I didn't say good or bad; right or wrong. I just said they would harp on about it.
Some of our more astute members put all of their passion and angst into telling me that I wasn't using my brain.
I agree with Dan, but I will point out that Munster is referring to 5C inventory which everyone agrees is widely available. The 5S is the one out of stock.
That being said, Apple has never reported sell-in numbers before. What would be the point anyway. If Apple tried to "trick" people with sell-in numbers they would have to pay the piper when they report their September quarter inventory in October. I don't think they would want to overheat enthusiasm only to have to deflate it a couple weeks later. Ultimately, I find Munster's logic flawed.
A point that is seemingly overlooked is that the iPhone 5 was supply constrained last year. The 5S was also supply constrained. The question is, were they equally supply constrained. Different answers to that question in particular can paint a very very rosy picture or a potentially more muted one. The problem is people are trying to extrapolate one weekend of sales into an entire quarter and even year of sales. There are just too many moving parts.
Research analysts are most definitely restricted from trading names they cover. In fact, they are restricted from trading names their colleagues cover as well. Let's not go overborad with conspiracy theories.
We get that you like Blackberry, Mr. Cannold, but what's with the swipes at Apple? Under-the-table coin, jealousy?
The reason I buy Apple products and services at the premium it bears is because of the quality of the product along with the features for which make my life more convenient and from the positive experience and enjoyment it brings. I also like it because it is easy-to-use and possesses better security features (hardware and software) than other offerings that I've seen on the market.
No product or service is perfect, but Apple's provides the most of everything for my money. So if Blackberry or Android floats your boat, then great! More power to you! Just don't preach that your system is better when the experience differs from person-to-person.
The analyst comments about China being included are asinine. China being included wasn't a surprise. The analysts based their original numbers of $4-6M on knowledge of China being included. Apple beat their estimates. Case closed.
The analyst comments about China being included are asinine. China being included wasn't a surprise. The analysts based their original numbers of $4-6M on knowledge of China being included. Apple beat their estimates. Case closed.
This is always my favorite part of their follow-up reports. They were wrong, way wrong and then try to claim it was because of some factor everyone knew about for months.
Apple simply needs to regain control of it public relations and spend more on advertising. Right now Samsung dominates the advertising market on TV & internet so my bet is this is why so many people kowtow to everything Samsung. In addition, Samsung pays higher commissions to sales staff in brick &mortar stores. These people end up pushing Samsung products as better than anything else.. Samsung buys loyalty from the media & sales people. Perhaps Tim Cook should get off some of that money and do the same.
Apple would not have raised quarterly estimates if it had not sold the phones it reported to have sold. All this noise about the validity of the 9M is meaningless and Gene Munster has lost all credibility. We all knew that whatever numbers Apple reported, the biased media would have reported it negatively. Ignore them and keep buying Apple stock if you believe in what they are doing.
Apple simply needs to regain control of it public relations and spend more on advertising. Right now Samsung dominates the advertising market on TV & internet so my bet is this is why so many people kowtow to everything Samsung. In addition, Samsung pays higher commissions to sales staff in brick &mortar stores. These people end up pushing Samsung products as better than anything else.. Samsung buys loyalty from the media & sales people. Perhaps Tim Cook should get off some of that money and do the same.
Yeah, because at least if they spent more money on advertising they'd have record sales, lines around the block and sell out all inventory. Oh, wait. Never mind.
Yeah, because at least if they spent more money on advertising they'd have record sales, lines around the block and sell out all inventory. Oh, wait. Never mind.
I hate this kind of comic book guy sneer masquerading as an argument.
Comments
Its all hype then. Well android sets are better looking strictly at specs. Hopefully Apple will deliver an amazing iPhone 6.
I wonder what good are those specs when the iphone 5s completly destroys all the other phones on Geekbench in singlecore, multicore and battery life.
I said the analysts would work the China debut numbers into the equation. I didn't say good or bad; right or wrong. I just said they would harp on about it.
Some of our more astute members put all of their passion and angst into telling me that I wasn't using my brain.
You gotta love it.
China estimates were already factored in to the estimates by the street. What is interesting is that Apple revised its estimates upwards.
A fat fingered f*ck, weren't you paying attention? Btw his tweet was idiotic since the buttons on virtual keyboards are bigger than on a physical one.
That being said, Apple has never reported sell-in numbers before. What would be the point anyway. If Apple tried to "trick" people with sell-in numbers they would have to pay the piper when they report their September quarter inventory in October. I don't think they would want to overheat enthusiasm only to have to deflate it a couple weeks later. Ultimately, I find Munster's logic flawed.
A point that is seemingly overlooked is that the iPhone 5 was supply constrained last year. The 5S was also supply constrained. The question is, were they equally supply constrained. Different answers to that question in particular can paint a very very rosy picture or a potentially more muted one. The problem is people are trying to extrapolate one weekend of sales into an entire quarter and even year of sales. There are just too many moving parts.
Research analysts are most definitely restricted from trading names they cover. In fact, they are restricted from trading names their colleagues cover as well. Let's not go overborad with conspiracy theories.
The reason I buy Apple products and services at the premium it bears is because of the quality of the product along with the features for which make my life more convenient and from the positive experience and enjoyment it brings. I also like it because it is easy-to-use and possesses better security features (hardware and software) than other offerings that I've seen on the market.
No product or service is perfect, but Apple's provides the most of everything for my money. So if Blackberry or Android floats your boat, then great! More power to you! Just don't preach that your system is better when the experience differs from person-to-person.
That's doomed if they do and doomed if they don't.
A little steroid ointment will clear it right up.
The analyst comments about China being included are asinine. China being included wasn't a surprise. The analysts based their original numbers of $4-6M on knowledge of China being included. Apple beat their estimates. Case closed.
This is always my favorite part of their follow-up reports. They were wrong, way wrong and then try to claim it was because of some factor everyone knew about for months.
Apple simply needs to regain control of it public relations and spend more on advertising. Right now Samsung dominates the advertising market on TV & internet so my bet is this is why so many people kowtow to everything Samsung. In addition, Samsung pays higher commissions to sales staff in brick &mortar stores. These people end up pushing Samsung products as better than anything else.. Samsung buys loyalty from the media & sales people. Perhaps Tim Cook should get off some of that money and do the same.
Apple would not have raised quarterly estimates if it had not sold the phones it reported to have sold. All this noise about the validity of the 9M is meaningless and Gene Munster has lost all credibility. We all knew that whatever numbers Apple reported, the biased media would have reported it negatively. Ignore them and keep buying Apple stock if you believe in what they are doing.
Apple simply needs to regain control of it public relations and spend more on advertising. Right now Samsung dominates the advertising market on TV & internet so my bet is this is why so many people kowtow to everything Samsung. In addition, Samsung pays higher commissions to sales staff in brick &mortar stores. These people end up pushing Samsung products as better than anything else.. Samsung buys loyalty from the media & sales people. Perhaps Tim Cook should get off some of that money and do the same.
Yeah, because at least if they spent more money on advertising they'd have record sales, lines around the block and sell out all inventory. Oh, wait. Never mind.
Apple needs to publish those figures.
I hate this kind of comic book guy sneer masquerading as an argument.
Let's say Apple goes on to "revolutionize" watches and televisions.
What will they owe analysts 4 years after that?
CNBC Apple hater in chief, Melissa Less, is also a Blackberry user aka Blackberry loser.