While 13 million is impressive, I'd love to know the breakdown of buyers. If the majority are new or Android users, then it's really impressive.
However, with over 700 million iPhones purchased to date, it's not that incredible to think that a tiny percentage of that will stay on a platform that they've invested money in (i.e. apps and music). Plus people in general, hate change.
Of course, any product must be compelling enough keep customers loyal to their brand. And Apple has managed to do that year over year, so good on them.
Nearly 30% improvement over last year? Who could possibly criticize th...........oh.
Looks like Wall Street has determined a narrow range they'll allow Apple stock to "live" and it will go no higher. Sog's $150 prediction was a bust before it was even a prediction. At least he'll be gone for a year.
And as expected the stock is down this morning, over 1.5% right now. Clearly Wall Street is impressed with the numbers considering China was included in this wave and it wasn't last year.
I wonder why sales between September 27-30 are being included in their Q1 and not in their Q4 . Shouldn't they stop counting sales when the clock ticks over to 12:00:01 am PDT on October 1? Or do they always end their fiscal Q4 on September 26th? Just wondering.
Depending on the industry, companies can use calendar months as fiscal months or use 4-5 weeks ending on an appropriate Saturday.
And as expected the stock is down this morning, over 1.5% right now. Clearly Wall Street is impressed with the numbers considering China was included in this wave and it wasn't last year.
Clearly WS is clueless. The number would have been 13 MM with or without China.
Maybe Wall Street is consulting with Gazelle for sales predictions now. /s
"App-based cyber-stalking is down 17% this weekend over last year for the iPhone 6-series launch so we estimate that means iPhone 6S-series sales will be 15 million"¡
Clearly WS is clueless. The number would have been 13 MM with or without China.
It seems like almost whenever Apple has an announcement the stock market is down that day. Facebook is down 3.5% right now, Amazon over 3%, Google over 1%. I'd love to know what the stock would be trading it right now if the market was up, say, 200 points.
It seems like almost whenever Apple has an announcement the stock market is down that day. Facebook is down 3.5% right now, Amazon over 3%, Google over 1%. I'd love to know what the stock would be trading it right now if the market was up, say, 200 points.
What's the excuse today? Janet Yellin has a toothache?
It seems that since Apple reached its "mega cap" size, the stock has a bit of a large cycle: the stock price doesn't move significantly (though trades in a range) until the P/E gets so compressed that it then "springs upward". It will then rise, perhaps over course of a month of so, very well. It then plateaus for again (but going up & down within a range) until it repeats - perhaps this is a bit of an annual thing.
So after Apple has an absolutely stellar holiday quarter (iPhones showing 20% or better growth YoY, iPad hopefully stabilizing on the revenue side with the introduction of the Pro, usual Mac growth, getting some measurable Apple Watch contribution, strong Services growth with Apple Music, a bit from Apple TV & new iPods...) - then AAPL may take its next leg up.
AAPL doesn't increase from expectations of a bright future - only from demonstrated results - and only when the P/E just gets too low that it can't be ignored.
Comments
While 13 million is impressive, I'd love to know the breakdown of buyers. If the majority are new or Android users, then it's really impressive.
However, with over 700 million iPhones purchased to date, it's not that incredible to think that a tiny percentage of that will stay on a platform that they've invested money in (i.e. apps and music). Plus people in general, hate change.
Of course, any product must be compelling enough keep customers loyal to their brand. And Apple has managed to do that year over year, so good on them.
Nearly 30% improvement over last year? Who could possibly criticize th...........oh.
Looks like Wall Street has determined a narrow range they'll allow Apple stock to "live" and it will go no higher. Sog's $150 prediction was a bust before it was even a prediction. At least he'll be gone for a year.
Depending on the industry, companies can use calendar months as fiscal months or use 4-5 weeks ending on an appropriate Saturday.
Clearly WS is clueless. The number would have been 13 MM with or without China.
Maybe Wall Street is consulting with Gazelle for sales predictions now. /s
"App-based cyber-stalking is down 17% this weekend over last year for the iPhone 6-series launch so we estimate that means iPhone 6S-series sales will be 15 million"¡
Buy on the rumor, sell on the news...
It seems like almost whenever Apple has an announcement the stock market is down that day. Facebook is down 3.5% right now, Amazon over 3%, Google over 1%. I'd love to know what the stock would be trading it right now if the market was up, say, 200 points.
So they always split the opening weekend this way? Interesting. I don't remember them ever calling our attention to it before.
This year is the first time since Apple delayed the launch by a week, normally pre-ordering is only a week not two.
What's the excuse today? Janet Yellin has a toothache?
And wetting their bed.
Concerns around timing of rate hike and global economic concerns, according to Yahoo.
Literally any excuse may apply, because there is no science involved in human psychology. Opinions are facts.
It seems that since Apple reached its "mega cap" size, the stock has a bit of a large cycle: the stock price doesn't move significantly (though trades in a range) until the P/E gets so compressed that it then "springs upward". It will then rise, perhaps over course of a month of so, very well. It then plateaus for again (but going up & down within a range) until it repeats - perhaps this is a bit of an annual thing.
So after Apple has an absolutely stellar holiday quarter (iPhones showing 20% or better growth YoY, iPad hopefully stabilizing on the revenue side with the introduction of the Pro, usual Mac growth, getting some measurable Apple Watch contribution, strong Services growth with Apple Music, a bit from Apple TV & new iPods...) - then AAPL may take its next leg up.
AAPL doesn't increase from expectations of a bright future - only from demonstrated results - and only when the P/E just gets too low that it can't be ignored.