No, I'm talking specifically about getting rid of the 32GB storage option. And it's not a similarly priced item. The iPhone ASP of $687 is way above the asp for any other smartphone. Apple's laughing all the way to the bank now. But I still agree with John Gruber that selling 16GB phones is a mistake in the long term.
I agree. It could create customer dissatisfaction for a customer who has paid Apple a lot of money. Apple needs to make sure they are selling products that work well. 16GB is starting to be a bad product.
So, what do you think we can expect from the stock price (AAPL) tomorrow?
I have a lot of shares and I'm tempted to sell early to guarantee a profit, however, I feel think it might really take off (even more) during normal trading hours (but what if the rest of the market brings it down).
I agree. It could create customer dissatisfaction for a customer who has paid Apple a lot of money. Apple needs to make sure they are selling products that work well. 16GB is starting to be a bad product.
So much concern for theoretically unhappy customers over their purchase decisions. It is totally Apple's fault if they bought the wrong product.
It's the barrel of oil vs cost of petrol issue. The price of petrol never drops when the cost of oil goes down but will always go up when the barrel of oil price goes up.
Apparently you don't drive a vehicle.
Apple's stock price is the reverse. When Apple's profits go up their stock price either does not or drops.
In other words the two are not related.
The other way to look at this is that far to many don't understand the market and reflect that in their posts.
Yes, I remember. Look, I'm not saying it's impossible. Just saying it's going to be a real challenge. We're talking about the largest profit ever in a single quarter by ANY corporation. You don't get too many chances to achieve that.
To be fair, it *is* a problem in the United States.
Actually no it isn't a problem. In many cases Apple is simply avoiding having its earnings tacked multiple times.
Apple participates in some of the same offshore tax avoidance schemes that are popular among other corporations, though they're not nearly one of the biggest offenders. It seems silly to single out Apple in this, but there's definitely room to for a legitimate conversation about the subject.
Actually I haven't seen a ligitimate argument for more taxes on Apple or any company. The people whining are often those that do the least for the economy. Frankly screw them if they aren't willing to work.
Same goes for an argument regarding corporations playing a disproportionate role in politics.
More baloney! The people arguing this point are almost certainly trying to surpress the rights of other for their own gain. More so when corporations are targeted, it is often coverage for the real intention which is to go after private organizations. In other words ugly left wing attempts to take people's freedom away.
though i am extremely happy to see the results- there is now a new problem. apple has beat the expectations of wall street- the problem is now that wall street will no doubt compare every earnings call to this new number and if they miss (like they did not too long ago by very little indeed) that will be the headline we read (and we still kind of do) will be one of doom.
Apple has an obligation to its shareholders. And before people deride shareholders as the 1%ers, they should think twice. The group of "shareholders" includes people who have a mutual fund that invests in Apple and an Apple employee with stock options among others. Maybe the 1%ers have more money than they need but that can't be true of a middle-class American with a mutual fund that invests in Apple. Apple has an obligation to take advantage of tools that the law provides to maximize its profits.
If people are unhappy with Apple using legal means of avoiding taxes, then the matter should be taken up with members of Congress to reform the tax code. That Congress can't get its act together is not Apple's fault.
Tons of articles if for some reason these don't 'do it for you.'
And again, not ripping just on Apple. All these 'American' companies do it and it need to end for ALL of them.
Not only are your links completely irrelevant to his claim that Apple is the largest Taxpayer in the US, not a single word in those links even attempts to dispute that fact. Because, you know, it's a fucking fact.
Next time you say "nope", then mock someone by telling them to "Google it", make fucking sure you don't make an idiot of yourself by Googling the wrong stuff. Apple paying low overseas tax, or Apple being called mean names by pathetic, greedy politicians, does not change the fact that Apple pays more taxes in the US than ANY other company- by a long shot. The fact that you're mixing up issues, and lying, simply to bash Apple is confirmation that you're a troll.
Apple is paying all the taxes it is legally obliged to pay. The fact that you want them to shit more $$ down the toilet, just because, is your problem- not theirs. As a shareholder, I do want Apple to act ethically in all aspects of their business- which I believe they do. I don't, however, want them to pay more $$ than they need to on taxes- which is pretty much the only thing you want.
So, what do you think we can expect from the stock price (AAPL) tomorrow?
I have a lot of shares and I'm tempted to sell early to guarantee a profit, however, I feel think it might really take off (even more) during normal trading hours (but what if the rest of the market brings it down).
My guess is that AAPL will be up about 4.5-5% tomorrow during some point of the day, and close maybe +3.5-4%, wiping out today's losses, but not much more, assuming the rest of the market is more or less flat. I doubt that it will touch it's all-time high ($119 + change) tomorrow.
If you really want to sell, go ahead and do so. I think the ex-dividend date is around February 9, so you'd be throwing away a dividend check, but if it lets you sleep soundly, well, that's worth it.
"Tax is theft." Justice Oliver Wendell Holmes, Jr. disagreed and so do I. "...I like paying taxes, with them I buy civilization.” No one is stealing from me, I'm paying for services rendered (air traffic control. MY defense, the drugs I will need being researched, nice roads for ME, good transportation systems so the goods for ME are cheap etc.) with MY tax money. Now some one sitting in a bunker in Somalia paying taxes to the United States is getting ripped off. Me? Notsomuch. Apple is protected by the laws and regulations of the country as well as taking benefit from the infrastructure for it's business so it paying taxes is also not theft.
It's good that you feel good about paying your taxes, I rationalise mine as also paying towards defence. But the point remains - what choice do you have? When the answer is "none", it is irrelevant whether you agree with paying it or not. You're paying and that's that, whether you're smiling or crying. What comes after and how it's spent is a way of feeling better about it.
What blew me away when I read the details was Tim Cook saying less than 15% of the sales #s of iPhones were from updaters. I really thought that number was going to be a lot higher. That certainly bodes well for future upside surprises.
It's good that you feel good about paying your taxes, I rationalise mine as also paying towards defence. But the point remains - what choice do you have? When the answer is "none", it is irrelevant whether you agree with paying it or not. You're paying and that's that, whether you're smiling or crying. What comes after and how it's spent is a way of feeling better about it.
The choice is not "none". You can go live in the woods, or Somalia.
The choice is not "none". You can go live in the woods, or Somalia.
How does paying those taxes seem now?
Somalia has become the default example for big government apologists, which is funny because Somalia is actually an example of a country in recovery from a bad government, not an example of the "dangers" of limited government or some such nonsense.
Fair enough - but now you just appear to be saying that you and Gruber know better than Apple management how to make their business work. On the face of it, that would appear to be an extraordinarily arrogant assumption in a market where Apple has, to put it mildly, demonstrated substantial success. And, to be clear, I'm sure that their goal is not to stop at "making more money than any publicly traded company in the world", but rather to continue to make as much as they can.
That argument would prohibit any discussion of Apple.
What blew me away when I read the details was Tim Cook saying less than 15% of the sales #s of iPhones were from updaters. I really thought that number was going to be a lot higher. That certainly bodes well for future upside surprises.
It's does seem low. He's estimating the installed base of iPhones at 500m
The choice is not "none". You can go live in the woods, or Somalia.
How does paying those taxes seem now?
Somalia has become the default example for big government apologists, which is funny because Somalia is actually an example of a country in recovery from a bad government, not an example of the "dangers" of limited government or some such nonsense.
So... Show us an example of limited government that works. Anywhere.
Do you seriously want us to make the U.S. a fucking experiment, when there are mountains of research that contradicts the Ayn Rand moronic view that "the free market fixes itself", which it never has?
Somalia dissolved the "failed government" of which you speak in 1992 FFS.
What, 23 years is not enough time for "small government" to do its Randian magic?
Fair enough - but now you just appear to be saying that you and Gruber know better than Apple management how to make their business work. On the face of it, that would appear to be an extraordinarily arrogant assumption in a market where Apple has, to put it mildly, demonstrated substantial success. And, to be clear, I'm sure that their goal is not to stop at "making more money than any publicly traded company in the world", but rather to continue to make as much as they can.
Oh, I thought goal was making the best products in the world.
Here's Tim Cook from a Businessweek interview in 2012:
You know, we want to really enrich people’s lives at the end of the day, not just make money. Making money might be a byproduct, but it’s not our North Star.
And Jony Ive at the British Embassy's Creative Summit in 2012:
"We are really pleased with our revenues but our goal isn't to make money. It sounds a little flippant, but it's the truth. Our goal and what makes us excited is to make great products. If we are successful people will like them and if we are operationally competent, we will make money,"
Obviously the numbers show fhaf Apple is making projects people want. I just don't want to see them get greedy thinking people will buy their stuff no matter what. I've seen rumors this year that new iPhones will have 2GB RAM and base storage starting at 32GB. I will not be surprised at all if that happens.
not to sound like a Debbie Downer but coming holiday quarter 2015 (or FY Q1 2016) it will be a challenge to get the same kind of growth. 74.4 million iPhones in one quarter is no small potatoes.
With growth well underway in india, china.....who knows!
Comments
No, I'm talking specifically about getting rid of the 32GB storage option. And it's not a similarly priced item. The iPhone ASP of $687 is way above the asp for any other smartphone. Apple's laughing all the way to the bank now. But I still agree with John Gruber that selling 16GB phones is a mistake in the long term.
I agree. It could create customer dissatisfaction for a customer who has paid Apple a lot of money. Apple needs to make sure they are selling products that work well. 16GB is starting to be a bad product.
I have a lot of shares and I'm tempted to sell early to guarantee a profit, however, I feel think it might really take off (even more) during normal trading hours (but what if the rest of the market brings it down).
So much concern for theoretically unhappy customers over their purchase decisions. It is totally Apple's fault if they bought the wrong product.
Apparently you don't drive a vehicle.
The other way to look at this is that far to many don't understand the market and reflect that in their posts.
Are you just referring to US corporations?
More baloney! The people arguing this point are almost certainly trying to surpress the rights of other for their own gain. More so when corporations are targeted, it is often coverage for the real intention which is to go after private organizations. In other words ugly left wing attempts to take people's freedom away.
though i am extremely happy to see the results- there is now a new problem. apple has beat the expectations of wall street- the problem is now that wall street will no doubt compare every earnings call to this new number and if they miss (like they did not too long ago by very little indeed) that will be the headline we read (and we still kind of do) will be one of doom.
Apple has an obligation to its shareholders. And before people deride shareholders as the 1%ers, they should think twice. The group of "shareholders" includes people who have a mutual fund that invests in Apple and an Apple employee with stock options among others. Maybe the 1%ers have more money than they need but that can't be true of a middle-class American with a mutual fund that invests in Apple. Apple has an obligation to take advantage of tools that the law provides to maximize its profits.
If people are unhappy with Apple using legal means of avoiding taxes, then the matter should be taken up with members of Congress to reform the tax code. That Congress can't get its act together is not Apple's fault.
Google it. Nope.
http://www.theguardian.com/technology/2012/nov/04/apple-paid-low-overseas-tax
http://www.forbes.com/sites/connieguglielmo/2013/05/21/apple-called-a-tax-dodger-by-senate-committee-apple-says-system-needs-to-be-dramatically-simplified/
Tons of articles if for some reason these don't 'do it for you.'
And again, not ripping just on Apple. All these 'American' companies do it and it need to end for ALL of them.
Not only are your links completely irrelevant to his claim that Apple is the largest Taxpayer in the US, not a single word in those links even attempts to dispute that fact. Because, you know, it's a fucking fact.
Next time you say "nope", then mock someone by telling them to "Google it", make fucking sure you don't make an idiot of yourself by Googling the wrong stuff. Apple paying low overseas tax, or Apple being called mean names by pathetic, greedy politicians, does not change the fact that Apple pays more taxes in the US than ANY other company- by a long shot. The fact that you're mixing up issues, and lying, simply to bash Apple is confirmation that you're a troll.
Apple is paying all the taxes it is legally obliged to pay. The fact that you want them to shit more $$ down the toilet, just because, is your problem- not theirs. As a shareholder, I do want Apple to act ethically in all aspects of their business- which I believe they do. I don't, however, want them to pay more $$ than they need to on taxes- which is pretty much the only thing you want.
So, what do you think we can expect from the stock price (AAPL) tomorrow?
I have a lot of shares and I'm tempted to sell early to guarantee a profit, however, I feel think it might really take off (even more) during normal trading hours (but what if the rest of the market brings it down).
My guess is that AAPL will be up about 4.5-5% tomorrow during some point of the day, and close maybe +3.5-4%, wiping out today's losses, but not much more, assuming the rest of the market is more or less flat. I doubt that it will touch it's all-time high ($119 + change) tomorrow.
If you really want to sell, go ahead and do so. I think the ex-dividend date is around February 9, so you'd be throwing away a dividend check, but if it lets you sleep soundly, well, that's worth it.
Your call.
It's good that you feel good about paying your taxes, I rationalise mine as also paying towards defence. But the point remains - what choice do you have? When the answer is "none", it is irrelevant whether you agree with paying it or not. You're paying and that's that, whether you're smiling or crying. What comes after and how it's spent is a way of feeling better about it.
What blew me away when I read the details was Tim Cook saying less than 15% of the sales #s of iPhones were from updaters. I really thought that number was going to be a lot higher. That certainly bodes well for future upside surprises.
How does paying those taxes seem now?
Somalia has become the default example for big government apologists, which is funny because Somalia is actually an example of a country in recovery from a bad government, not an example of the "dangers" of limited government or some such nonsense.
That argument would prohibit any discussion of Apple.
It's does seem low. He's estimating the installed base of iPhones at 500m
Do you seriously want us to make the U.S. a fucking experiment, when there are mountains of research that contradicts the Ayn Rand moronic view that "the free market fixes itself", which it never has?
Somalia dissolved the "failed government" of which you speak in 1992 FFS.
What, 23 years is not enough time for "small government" to do its Randian magic?
Fail.
Oh, I thought goal was making the best products in the world.
Here's Tim Cook from a Businessweek interview in 2012:
And Jony Ive at the British Embassy's Creative Summit in 2012:
Obviously the numbers show fhaf Apple is making projects people want. I just don't want to see them get greedy thinking people will buy their stuff no matter what. I've seen rumors this year that new iPhones will have 2GB RAM and base storage starting at 32GB. I will not be surprised at all if that happens.
not to sound like a Debbie Downer but coming holiday quarter 2015 (or FY Q1 2016) it will be a challenge to get the same kind of growth. 74.4 million iPhones in one quarter is no small potatoes.
With growth well underway in india, china.....who knows!