You might want to look at AAPL and GOOG this morning.
I expect that Wall Street would have liked to get a better pump out of GOOG than they did; looks like a lot of profit taking at a minimum.
I'm fine that it's Alphabet's turn in the barrel.
I love to see the shit face of MarketWatch and CNBC who kept hammering the story about Apple going to soon lose their crown of most market cap company of the world to Alphabet and now Apple is a single product company, etc. I guess that didn't last for too long - Did it? Who is laughing now MW and CNBC?
Who cares if AAPL or GOOG is the biggest in market cap? Long term AAPL has more sustainability at this moment. Anyway it makes me remember 2000 when CSCO passed MSFT briefly and it was all downward since then.
Lots of talk about "rumors". Reminder: The difference this time is that these are the usual rumors and chatter, not bad earnings and guidance issued by multiple suppliers in their quarterly reports. I'm not giving an opinion on the content of these new rumors, just drawing the distinction which few people seem to get. It's important.
People need to understand that there is in fact a recessionary environment in most of the world's economies today. I buy Aluminum and copper for various things I make and the prices are as low as they were a decade ago.
Apple will do well just to maintain flat growth, even slight negative growth would be fine, for the foreseeable future, but I would like them to maintain their margins and continue to delight us with new products and services. This is the rainy day that will make that cash worth having; lots of M&A opportunities may await.
Remember the materials you speak about are heavily influenced by China buying for big infrastructure and factory building, once the model collapsed the prices fall down. But that not necessarily means that consumer products are affected. They probably will, but is not necessarily a fact.
Those billions you speak about are theoretical, there is nothing real in market cap, is a theoretical figure, no stockholders don't have lose 200 billions, I have never lose a dime with Apple in this sixteen years, The only real money that moves is the dividend I have get from them. And to date I only can say that Apple have nearly repaid all my investment, if not, this year will happen. So, no, sorry, don't built pies in the sky, nobody lose money, or wins for that matter, until the stock is sold.
Well you are lucky then to be born earlier than many. Alot of others like me could not buy Apple shares in 1990's and early 2000's since we were still in school.
Alot of investors have purchased in 2012 and latter, not because they didn't want to but they couldn't
Right, seriously, I feel the same as you, I was born in a time that purchasing Apple from my country was virtually impossible, so one for the other, till late 90's there wasn't a system to buy US shares from overseas as it is today. If it was been the case and I had been in the market in early 80's I would have bought first day in the market. Now I will be millionaire and don't have to wait to sell my portfolio because probably I had money enough to live comfortably and buy any fancy toy I wanted. We get born when we get born. Look at it this way, I suppose that 35 refers to your age, you are young enough to still date hot, young chicks, the kind that an old fart like me only can pay to have something with, I had never do and will never did. You must pay for Apple more, but you still can dream about dating any hot chick out there, my mother hair stylists is a beautiful girl somehow your age, see only see a guy the ¡age of her father. I will be fortunate if their mother would want to be with me. Every age has its advantages and its disadvantage, but from a 52 years-old guy I tell you that is better to be 35 than own Apple bought at less than 4. There's not substitute to youth and health.
Those billions you speak about are theoretical, there is nothing real in market cap, is a theoretical figure, no stockholders don't have lose 200 billions, I have never lose a dime with Apple in this sixteen years, The only real money that moves is the dividend I have get from them. And to date I only can say that Apple have nearly repaid all my investment, if not, this year will happen. So, no, sorry, don't built pies in the sky, nobody lose money, or wins for that matter, until the stock is sold.
Well you are lucky then to be born earlier than many. Alot of others like me could not buy Apple shares in 1990's and early 2000's since we were still in school.
Alot of investors have purchased in 2012 and latter, not because they didn't want to but they couldn't
Sorry to revisit the issue, but I can feel fortunate looking from 2016, but I bought them in early 2000, If I had waited till october I would have by now double the shares with the same money, If I had waited a couple of years I could have now more than four times, so I would be millionaire by now. When I bought them, nobody knows what would happen, remember that they back-date the stock options because they didn't believe in the stock going up from the prices I paid. And I saw the stock tanking more than any drop you have seen from 2012 to now. And It was a time when not only Apple, but everything drop like a stone. To put you in contest I had a portfolio of roughly €150.000 in early 2000, by the end of 2002 my worth was barely €40.000. You must learn to be patient, you are young, have the time on your side.
Well, Wall Street got some $200 plus billion out of the hands of Apple stockholders and into the Casino; I don't doubt that they can "revalue" APPL and get those same billions back into APPL, with a tidy skim as it were.
Lather, rinse, repeat.
Those billions you speak about are theoretical, there is nothing real in market cap, is a theoretical figure, no stockholders don't have lose 200 billions, I have never lose a dime with Apple in this sixteen years, The only real money that moves is the dividend I have get from them. And to date I only can say that Apple have nearly repaid all my investment, if not, this year will happen. So, no, sorry, don't built pies in the sky, nobody lose money, or wins for that matter, until the stock is sold.
My apology. I messed up the message.
I only meant to imply that some AAPL shareholders that sold would likely reinvest in the market, a plus for Wall Street. The $200 B shouldn't have been anywhere in there.
So obvious Wall Street is going to pump up Apple stock for the iPhone7 launch.
2012 - juice stock to $100. Sell to retail investors 2013 - bash stock to $54. Scare retail investors to sell the same stock they bough at $90-$100 2015 - juice stock up to $134. Sell to retail investors. 2016 - bash stock to $94. Scare retail investors to sell the same stock they bought at $120-$130 2016 - juice stock to $150
All we need to do is get in synch with the action. I've been out of synch for too long. Feeling very retail investorish here.
So obvious Wall Street is going to pump up Apple stock for the iPhone7 launch.
2012 - juice stock to $100. Sell to retail investors 2013 - bash stock to $54. Scare retail investors to sell the same stock they bough at $90-$100 2015 - juice stock up to $134. Sell to retail investors. 2016 - bash stock to $94. Scare retail investors to sell the same stock they bought at $120-$130 2016 - juice stock to $150
You might want to look at AAPL and GOOG this morning.
I expect that Wall Street would have liked to get a better pump out of GOOG than they did; looks like a lot of profit taking at a minimum.
I'm fine that it's Alphabet's turn in the barrel.
I think the rotation is over.
For the rest of the year we will see AAPL go up and GOOGL go down.
I would not be surprised in the least if Apple sees $150 this year on the iPhone7 hype. With iPhone7 hype Wall Street can easily model $11 EPS for FY2017. That gives you $150 with a PE of 13.5
Please! No more Sog(gy) predictions. Can we just live 2016 in peace?
Comments
Who cares if AAPL or GOOG is the biggest in market cap? Long term AAPL has more sustainability at this moment. Anyway it makes me remember 2000 when CSCO passed MSFT briefly and it was all downward since then.
I only meant to imply that some AAPL shareholders that sold would likely reinvest in the market, a plus for Wall Street. The $200 B shouldn't have been anywhere in there.