1. I'm not in that camp but I had questions, still do. I would imagine that those questions will be answered this fall.
2. I would imagine that, even though revenue and iPhone units sold, are above previous quarters, profit is still below that of the same quarter in 2012. Not that I'm complaining. Just saying...
Why are you comparing this quarters profits to 2012? Don't people normally look at YOY trends or compare current quarter to the year ago quarter? Why go back 2 years?
Do you expect AAPL to hit $600 in the near future?
It depends what you mean by near future.
But I do expect AAPL to pass $600 eventually, yes I do. It's at $565 now. It's impossible to know the timeframe of course. Maybe weeks, maybe months, but I'm not going to be the least bit surprised when it does.
But I do expect AAPL to pass $600 eventually, yes I do. It's at $565 now. It's impossible to know the timeframe of course. Maybe weeks, maybe months, but I'm not going to be the least bit surprised when it does.
I'm thinking that the new iPhone line-up in the fall will increase sales to around 60 million units in the 1st fiscal quarter 2015. That should more than do it.
Why are you comparing this quarters profits to 2012? Don't people normally look at YOY trends or compare current quarter to the year ago quarter? Why go back 2 years?
I'm watching CNBC this morning and it's so amusing how annoyed the talking heads are because Apple refuses to show its hand. Some bozo from Buzzfeed was whining that instead of showing us innovative new products Tim Cook is instead just engaging in financial engineering. I guess that's the new buzzword now. At what point are these clowns going to finally accept that Apple is never going to spill the beans on future products ala Google, Facebook, etc.?!?
2) I honestly wonder how @Constable Odo is going to spin this into negative news.
Shape-shifters are great at morphing news to suit their personal goals.
Just like the NY Times, which within an hour of the earnings report had posted an article headlined "Apple's Profit Climbs, but Cracks Are Showing" which was mostly gloom-and-doom and lots of FUD. I specifically remember a photo of an empty-looking Apple Store and a discussion of how the smartphone market in China was declining (with no mention whatsoever of Apple's strong performance in China). Today I find the article has disappeared from the NY Times website, and has been morphed into a new article by the same author (Brian X. Chen), painting a rosier picture of Apple, and a variant headline "Apple's Profit Still Climbs, but Pressure is Growing". Must be that Chen's first version was advance-written, under the influence of the typical "analyst" FUD. But now, the "analysts" (aka, stock manipulators) are singing praise and pumping the stock up, so Chen revised his song. I'm sure Constable Odo will find a contrarian melody of his own.
Just yesterday, before earnings, I remember reading on this forum that AAPL wouldn't hit 600 ever again! Is it possible to be more wrong?" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
Originally Posted by mvigod
If you buy the stock do it for the safe 2.3% dividend but don't expect any moves near 600/share ever again.
To be fair, it has not hit $600 since yesterday, so he has until June 7th to be proved wrong.
The stock split has created a lot of buzz, because it is a rather big split. I see it as Apple's not-so-subtle way of saying they foresee HUGE profits on the horizon, and want to enable their stock to respond accordingly. Like a five-fold increase in share price. T. Cook already said that dividends would continue to increase. This is going to be an exciting year for Apple Inc. If ever there was a time to buy AAPL, it was in 1985, and now!
I am trying to figure out what the new share price will need to be for Apple to be a $1 TRILLION DOLLAR company.
With 861.74 million shares the price needs to be $1160. Based on the 7:1 split, and not including any drop in shares from their massive buyback, apple will need to reach $165.78 per share.
Would be fascinating if somebody would do a study on the relative incompetence of various classes of prognosticators. As a minimum the usual suspects would have to include:
Psychics
Weather forecasters
Race track touts
Technology analysts
Sports bookies
Etc.
I would have have to say that Psychics must be at the top of the list in terms of being always wrong. But the technology analysts are undoubtedly right up there in not getting it right. Weather people are a special class in that they at times don't even know what the current conditions are, much less predict accurately for the future.
Because sports betting houses make a living on it they are probably quite good and fixing odds.
The rest? Well, it would be interesting
What would be a good metric for measuring the relative error rates, etc?
The all important question, when is the median and this include AI, going to call all these analysis and ask them why they were completely wrong, and why didn't any of their checks with supply chain root out the fact that Apple was doing better then anything they predicated, actually just this week they were expecting it to be worse then what Apple provided guidance too.
We know what will happen next, they going to take Apple guidance numbers and add 10% so they miss next time so they can short it down again.
With 861.74 million shares the price needs to be $1160. Based on the 7:1 split, and not including any drop in shares from their massive buyback, apple will need to reach $165.78 per share.
Apple to $1,000,000,000,000 by… June 2015, then? Anyone?
Would be fascinating if somebody would do a study on the relative incompetence of various classes of prognosticators. As a minimum the usual suspects would have to include:
Psychics
Weather forecasters
Race track touts
Technology analysts
Sports bookies
Etc.
I would have have to say that Psychics must be at the top of the list in terms of being always wrong. But the technology analysts are undoubtedly right up there in not getting it right. Weather people are a special class in that they at times don't even know what the current conditions are, much less predict accurately for the future.
Because sports betting houses make a living on it they are probably quite good and fixing odds.
The rest? Well, it would be interesting
What would be a good metric for measuring the relative error rates, etc?
I like your comparison,
However, I would say the poor weather guy got the odd stacked against them, since they still trying to prove out the science and you dealing with things they do not fully understand. So i give them the benefit of the doubt.
Psychics make stuff up, but people still believe them.
Bookies usually come out a heard so they mostly right.
But Stock and technologies, make stuff up, but the science is well known no need to guess at it and you do not have unknown forces meeting with a companies and consumers buying habits. So I would put Analysis at the top of the list as getting it wrong all the time and having the largest group of sheep hanging on ever word they same is Gospel
I read somewhere and I am beginning to agree with the wisdom of it.
At first it made no sense to me what Apple would split the stock,it just creates more share in the market and help devalue the company even further, more shares in circulation generally dilutes the value.
However, what I read said this could actually help Apple with the issue it is having, so many large institutions own apple therefore they have more control over what apple does they force these issue we keep seeing. At at lower share price, apple could be own by a lot more individual and with more individuals in the market trying to buy share could help drive it up.
Comments
Do you expect AAPL to hit $600 in the near future?
It depends what you mean by near future.
But I do expect AAPL to pass $600 eventually, yes I do. It's at $565 now. It's impossible to know the timeframe of course. Maybe weeks, maybe months, but I'm not going to be the least bit surprised when it does.
And suddenly all the analysts are on board. F*ck them.
It depends what you mean by near future.
But I do expect AAPL to pass $600 eventually, yes I do. It's at $565 now. It's impossible to know the timeframe of course. Maybe weeks, maybe months, but I'm not going to be the least bit surprised when it does.
I'm thinking that the new iPhone line-up in the fall will increase sales to around 60 million units in the 1st fiscal quarter 2015. That should more than do it.
Why are you comparing this quarters profits to 2012? Don't people normally look at YOY trends or compare current quarter to the year ago quarter? Why go back 2 years?
He asked what Mr. Odo would say.
I gave one example.
2) I honestly wonder how @Constable Odo is going to spin this into negative news.
Shape-shifters are great at morphing news to suit their personal goals.
Just like the NY Times, which within an hour of the earnings report had posted an article headlined "Apple's Profit Climbs, but Cracks Are Showing" which was mostly gloom-and-doom and lots of FUD. I specifically remember a photo of an empty-looking Apple Store and a discussion of how the smartphone market in China was declining (with no mention whatsoever of Apple's strong performance in China). Today I find the article has disappeared from the NY Times website, and has been morphed into a new article by the same author (Brian X. Chen), painting a rosier picture of Apple, and a variant headline "Apple's Profit Still Climbs, but Pressure is Growing". Must be that Chen's first version was advance-written, under the influence of the typical "analyst" FUD. But now, the "analysts" (aka, stock manipulators) are singing praise and pumping the stock up, so Chen revised his song. I'm sure Constable Odo will find a contrarian melody of his own.
Just yesterday, before earnings, I remember reading on this forum that AAPL wouldn't hit 600 ever again! Is it possible to be more wrong?
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
Originally Posted by mvigod
If you buy the stock do it for the safe 2.3% dividend but don't expect any moves near 600/share ever again.
To be fair, it has not hit $600 since yesterday, so he has until June 7th to be proved wrong.
To be fair, it has not hit $600 since yesterday, so he has until June 7th to be proved wrong.
The stock split has created a lot of buzz, because it is a rather big split. I see it as Apple's not-so-subtle way of saying they foresee HUGE profits on the horizon, and want to enable their stock to respond accordingly. Like a five-fold increase in share price. T. Cook already said that dividends would continue to increase. This is going to be an exciting year for Apple Inc. If ever there was a time to buy AAPL, it was in 1985, and now!
I am trying to figure out what the new share price will need to be for Apple to be a $1 TRILLION DOLLAR company.
With 861.74 million shares the price needs to be $1160. Based on the 7:1 split, and not including any drop in shares from their massive buyback, apple will need to reach $165.78 per share.
Would be fascinating if somebody would do a study on the relative incompetence of various classes of prognosticators. As a minimum the usual suspects would have to include:
Psychics
Weather forecasters
Race track touts
Technology analysts
Sports bookies
Etc.
I would have have to say that Psychics must be at the top of the list in terms of being always wrong. But the technology analysts are undoubtedly right up there in not getting it right. Weather people are a special class in that they at times don't even know what the current conditions are, much less predict accurately for the future.
Because sports betting houses make a living on it they are probably quite good and fixing odds.
The rest? Well, it would be interesting
What would be a good metric for measuring the relative error rates, etc?
The all important question, when is the median and this include AI, going to call all these analysis and ask them why they were completely wrong, and why didn't any of their checks with supply chain root out the fact that Apple was doing better then anything they predicated, actually just this week they were expecting it to be worse then what Apple provided guidance too.
We know what will happen next, they going to take Apple guidance numbers and add 10% so they miss next time so they can short it down again.
Apple to $1,000,000,000,000 by… June 2015, then? Anyone?
Would be fascinating if somebody would do a study on the relative incompetence of various classes of prognosticators. As a minimum the usual suspects would have to include:
Psychics
Weather forecasters
Race track touts
Technology analysts
Sports bookies
Etc.
I would have have to say that Psychics must be at the top of the list in terms of being always wrong. But the technology analysts are undoubtedly right up there in not getting it right. Weather people are a special class in that they at times don't even know what the current conditions are, much less predict accurately for the future.
Because sports betting houses make a living on it they are probably quite good and fixing odds.
The rest? Well, it would be interesting
What would be a good metric for measuring the relative error rates, etc?
I like your comparison,
However, I would say the poor weather guy got the odd stacked against them, since they still trying to prove out the science and you dealing with things they do not fully understand. So i give them the benefit of the doubt.
Psychics make stuff up, but people still believe them.
Bookies usually come out a heard so they mostly right.
But Stock and technologies, make stuff up, but the science is well known no need to guess at it and you do not have unknown forces meeting with a companies and consumers buying habits. So I would put Analysis at the top of the list as getting it wrong all the time and having the largest group of sheep hanging on ever word they same is Gospel
I read somewhere and I am beginning to agree with the wisdom of it.
At first it made no sense to me what Apple would split the stock,it just creates more share in the market and help devalue the company even further, more shares in circulation generally dilutes the value.
However, what I read said this could actually help Apple with the issue it is having, so many large institutions own apple therefore they have more control over what apple does they force these issue we keep seeing. At at lower share price, apple could be own by a lot more individual and with more individuals in the market trying to buy share could help drive it up.
We will see if that wisdom play out that way.