AAPL-alluding to pending product releases?
Today AAPL (Apple Computer) stock shot up 87¢ or 3.22% on relatively little news. Two of the possibilites for the increase could be the news about the iPod interface patenting or there is also the other much more juicy possibility.
Analysts often get to see what a company is going to release before they release it, and they make projections based on what they know. Could it be that there are some Wall Street rumors floating around about new Apple products tomorrow? It is entirely possible, especially considering Apple had a larger gain today than Roxio, Dell, HP, MSFT, IBM, Adobe, Pixar, and GTW.
Today Apple closed at $27.91
Analysts often get to see what a company is going to release before they release it, and they make projections based on what they know. Could it be that there are some Wall Street rumors floating around about new Apple products tomorrow? It is entirely possible, especially considering Apple had a larger gain today than Roxio, Dell, HP, MSFT, IBM, Adobe, Pixar, and GTW.
Today Apple closed at $27.91
Comments
Originally posted by MacsRGood4U
Don't put too much into it. Analysts do not see what Apple has in store and even if they did they cannot tell their clients (shareholders), thus it has nothing to do with the stock rise. Techs have been doing well recently. The patent pending thing means nothing to the current price of stock in terms of any monetary gain. In case you haven't noticed Apple has been rising recently, mostly on the iPod and iTunes situation. The stock is really overpriced at this point.
Shut up don't say that, I want to sell at $28
Originally posted by DHagan4755
Some of what you said might be classified as insider trading, if true.
It is known that analysts get pre release tours of new products.
There were countless times when the press talked up the iMac, I remember specifically when they said the redeisgned iMac was a lock for the MacWorld New York Expo...when in fact that didnt happen until 6 months later in San Fran.
It is possible that there are some rumors or hints/tips being passed along from analysts. Buy on rumors, sell on facts.
Investing in Apple is a long term thing. You don't get rich selling just to make a few bucks unless you do it on a grand scale. (I sure don't).
Originally posted by Messiahtosh
Did you read what I just said, Apple's stock is infamous for moving in crazy ways. MSNBC did all of what I described, it is fact.
Who, me? I'm not disputing that.
I just think that iPod mini EU product delays (a good thing - trust me), end of quarter results coming, WWDC coming, likely updates coming are all good news. Plus Dead archive being relased on iTMS soon(?) can only mean yet more iPod sales. Apple is shitting good stuff, just not the biggie G5 PowerBooks or 30" Aluminum Cinema Displays - yet.
Rumors are icing on the cake but the price goes up regardless. It's no way to make big bucks fast but it is steady.
Originally posted by Messiahtosh
I agree it is not a way to "make big bucks fast," I just said rumors are reason enough for stock prices to soar or falter.
Sure, I agree.
But the dips and rises are also dependent on world news/terrorism/war, quarterly earnings speculation/news, product launches, product delays, lawsuits, weather (typhoons/shipping delays), disease (SARS affected many computer manufacturers), scandals, product recalls/quality issues, advertising, competition efforts, movie/tv/ad tie-ins/promos...on and on. Any one of which can make a stock jump or fall.
If anything is constant though it is rumor and speculation.
But yes: "AAPL-alluding to pending product releases" is a definite possibility.
I sure as heck think some stuff is coming soon
My iBook G3 is posed to become my backup Mac.
Originally posted by Messiahtosh
It is known that analysts get pre release tours of new products.
That was true before Regulation FD.....
Best,
Bob
Originally posted by Automaticftp
That was true before Regulation FD.....
Best,
Bob
Uh, it still, ah..happens. Check out industry pundits, they allude to things all the time.
Best,
Bob
Originally posted by Automaticftp
Actually, it hardly happens at all now, because of Reg. FD and Sarbanes-Oxley. No intelligently managed corporation takes the risk of cluing in analysts (especially) on what is coming unless that corporation is prepared for severe sanctions.
Best,
Bob
No, it still happens on a very regular basis.
That is usually how things get "leaked."
And your assertion that it happens all the time anyway is based on what?
Best,
Bob
Originally posted by Messiahtosh
It's based on what Apple does which is not what you are refering to. Ever heard of Time Magazine? Did you hear about the Time Canada iMac leak? Pundits see the stuff before it's released.
The whole world saw the Time Canada leak!
Maybe you should check this http://forums.appleinsider.com/showt...threadid=40104
Yep investors looking to our very own FH for info on product releases. A bit like asking a blind man for directions.