Apple is down because Wall St is looking for safety in the face of rising interest rates. BitCoin is the first casualty of rising interest rate. The list should start to pile up. Whether the economy can land safely is a big question. This issue probably will be raised after the next Fed rate hike.
Yes, the US economy has finally started to grow again, and it is rapid. This will tighten money supply and interest rates will rise. This is a good news story if you want to get a secure job. The converse is that holding and borrowing to purchase assets as a wealth creation vehicle become somewhat less attractive. The asset holding classes won’t like that.
Could be helpful for an Apple representative or media liaison to attack the bad reporting on this like a pitbull instead of getting steamrolled by the phony stories that are crushing the stock right now. Just sayin'!
Could be helpful for an Apple representative or media liaison to attack the bad reporting on this like a pitbull instead of getting steamrolled by the phony stories that are crushing the stock right now. Just sayin'!
Or, you could look on it as an opportunity to buy undervalued stock. Stock prices nearly always fall in the days after an earnings report. There are exceptions, but usually the case, especially for high profile stocks like Apple.
history repeats itself… the same sell off happened exactly 5 years ago (because of the 14 week Q1 2012 vs 13 week Q1 2013 misunderstanding) PED even wrote an article about it back in the day: http://fortune.com/2013/02/02/apple-analysts-stupid-or-lazy/
The ignorance and manipulation by reporters, analysts and media is revolting .
Both Tim and Luca .. reitterated the quarter length issue several times at the conferance call..
They even did the math and handed it out to the reporters…….
Were those reporters deaf ? Or choose selectively to be deaf.
It is really screwed up…
The company says: hey folks, look .. keep in mind the number week difference… compare apples to apples not oranges… our growth rate would have been 21% ( staggering 21% for a company this size ) not 13% had we had same number if weeks to sell. ….our sell through has actually Accelerated! They said this several times in a course of an hour…..
Yet strangly reporters and analcyst…..Somehow did not hear it..
It just so F-ed up…
to act so irresponsibly… and deceitfully …..Yet zero accountability ..
Is this what we want US of A to be ?
Just looked at my AAPL holdings and nearly choked at the size of the drop today, after expecting to see some sort of rise based on after-hours trading yesterday.
Sell APPL and buy AMZN. They seem to be the sure fire bet to get to $1T first. Personally, I would not be seen dead owning any Amazon stock. Yes it might make me loadsamoney but their aim to be the last retailer standing goes against my core beliefs.
Don't underestimated Amazon. They are a big tech company. It's reflected in the number of patents they are granted.
Almost as many as Apple. I'm a little surprised that Apple isn't in the top 5 if not #1. I thought I saw a DED article on all the research Apple does- or maybe that was QualComm which is #6 on the list. don't be surprised when Apple has to start paying a ton for Solid State Batteries in a few years to keep up with Samsung (#2 on the list) or LG (# 5).
I worry that Apple for all their great wealth isn't doing enough basic Research in batteries and machine Learning to keep up with Google.
Just looked at my AAPL holdings and nearly choked at the size of the drop today, after expecting to see some sort of rise based on after-hours trading yesterday.
Sell APPL and buy AMZN. They seem to be the sure fire bet to get to $1T first. Personally, I would not be seen dead owning any Amazon stock. Yes it might make me loadsamoney but their aim to be the last retailer standing goes against my core beliefs.
LOL. You obviously don’t know me or understand my comment. I’ve no immediate plans to sell.
Agree.
~$160.00 at close / after hours. ~$180 eighteen days ago. Analysts still see AAPL realistically at ~ $200.
Various reports today are stating that Apple sold less iPhones in the recent holiday quarter than they did a year ago... But as they say in math class, "Do the math."
iPhone sales hit 77.316 million units in Apple’s 91-day Q1 FY 2018 quarter. That compares with 78.29 million sales in the year-ago quarter.
You’d imagine those figures meant that sales shrank, but it’s not the case: Last year’s quarter extended over 98 days (14 weeks), while this year Apple saw a more traditional 91-day (13-week) quarter.
That means Apple sold around 849,600 iPhones every day in Q1 FY 2018, in contrast to 798,877 iPhones it sold each day across Q1 FY 2017.
In other words, Apple sold iPhones in Q1 FY 2018 at a 6.35% FASTER rate than they did in Q1 FY 2017!
Or, another way to put it, if this year's 91 day Q1 was equal to the 98 days of last year's Q1, the total count of iPhones sold would be 83,260,800 (Again, 6.35% MORE than last year!).
Thank you! I did the same simple maths and have been shouting this from the rooftops all day!
...and if you account for the 1m reduction of iPhone channel inventory in this Quarter vs Q1 FY 2018, the total count of iPhones recognized as sold would be 84,260,800!
Apply the higher ASP’s to these adjusted unit numbers and if memory serves it represents a 23.5% YoY growth in revenue for iPhone.
Just looked at my AAPL holdings and nearly choked at the size of the drop today, after expecting to see some sort of rise based on after-hours trading yesterday.
Sell APPL and buy AMZN. They seem to be the sure fire bet to get to $1T first. Personally, I would not be seen dead owning any Amazon stock. Yes it might make me loadsamoney but their aim to be the last retailer standing goes against my core beliefs.
LOL. You obviously don’t know me or understand my comment. I’ve no immediate plans to sell.
Agree.
~$160.00 at close / after hours. ~$180 eighteen days ago. Analysts still see AAPL realistically at ~ $200.
Buy.
I'm not giving anyone advice here, but personally I just put in a large buy order. This is a good time to jump in from my POV.
Total manipulation... the worst is that if you don't follow this you would think Apple had a bad quarter not a record quarter. All this negativity could affect the real sales, not just the stock. Apple needs a BIG VOICE to get the word out and attack the negative news. Tim, if you read this, don't let them push you around. Time is now to stop this madness! PLEASE, your shareholders are tired of this...
Comments
Or, you could look on it as an opportunity to buy undervalued stock. Stock prices nearly always fall in the days after an earnings report. There are exceptions, but usually the case, especially for high profile stocks like Apple.
https://www.ificlaims.com/rankings-top-50-2017.htm
Almost as many as Apple. I'm a little surprised that Apple isn't in the top 5 if not #1. I thought I saw a DED article on all the research Apple does- or maybe that was QualComm which is #6 on the list. don't be surprised when Apple has to start paying a ton for Solid State Batteries in a few years to keep up with Samsung (#2 on the list) or LG (# 5).
I worry that Apple for all their great wealth isn't doing enough basic Research in batteries and
machine Learning to keep up with Google.
~$160.00 at close / after hours. ~$180 eighteen days ago. Analysts still see AAPL realistically at ~ $200.
Buy.
...and if you account for the 1m reduction of iPhone channel inventory in this Quarter vs Q1 FY 2018, the total count of iPhones recognized as sold would be 84,260,800!
Apply the higher ASP’s to these adjusted unit numbers and if memory serves it represents a 23.5% YoY growth in revenue for iPhone.