That's good news if they aren't introducing any radically new products. Apple needs to tighten up the products they are currently offering. The iPhone OS needs some work both in stability and features. OS X needs lots of work (push email, calendar, etc). The newest hardware has bugs. Less breadth and more depth is a good thing from where I'm sitting.
Sheldon
I agree that iPhone and OS X do need some work... but as I mentioned in another thread; "iPod was introduced in October 2001... not exactly the best climate of economic stability and consumer confidence." Plus they continued to open retail stores across the country - 51 by the end of 2002.
Sure the iPod was done and ready before 9/11, but they could have sat on it for a few months. They didn't and launching a new product line and continuing to open retail stores seemed like a silly strategy at the time... \
what is the point of a buyback anyways? To increase the share price? The price will get hammered anyways and fall. That would seem like a waste of money. Is the point of a buyback for the company to buy low and sell its shares high at a later point to make $$$ ?
There are a couple reasons a company would buy back their own stock.
1. To send a strong signal to the investment community that the top management, who should know the most about their own stock value, think that the stock is a bargain and it is poised to increase.
2. They have a lot more cash than they need to run the business so they put that cash to work by investing it in their own company.
3. To decrease the number of outstanding shares. If each share represents a percent of the total capitalization of the company then fewer outstanding shares means that each shareholder owns a larger piece of the pie.
Not saying that Apple should, just trying to explain the usual rational behind the process.
I'm no fan of GS but lets face it folks Apple is way over priced and sooner or later investors will realize that. Especially investors with balls as there are a lot of true bargains out there for people to sink money into. I just don't see an appreciation in Apples value in the short term, that no matter what sort of product the deliver. There simply are better opportunities for those that still have investment cash to put into the morass that is wall street.
As to mac World it is likely something is coming. Obviously I don't know what, but I wouldn't be surprised to see a Mini replacement. In Apples case it is the product that they most need to have in salable condition if the economy does in fact get worst. The iMacs are likely not far behind but i think Apple has something special planned there.
The real question is just how bad is the economy. Personally I don't think it is that bad, all we have really seen is a collapse in the overheated housing market. This collapse was something that was going to happen sooner or later as to many markets where selling on speculation and speculation always leads to a market stress. If the economy was truly in depression then why is the bagel shop crammed pack every morning? Surely such is a luxury that people can and would cut back on if money was a problem.
Frankly the mentality of the recession seems to be driven by the same fools that are whining about global warming. In the same manner these people are fueling fear about the future to assure their political success. The biggest problem with either global warming or the recession crowd is that there are so many Americans so easily duped into believing that the favored mindset has the only handle on the issues. Sort of like the people that look at Apple as an invincible investment. It is just not rational to expect people to pour money into Apples stock when so many sweet options are cropping up. That by the way that isn't a negative against Apple just that the market is profoundly different than it was only a few months ago.
So - Apple was on the buy list when it was up near two hundred bucks. And now that it's taken a mighty fall they take it off the buy list? I'm glad I don't pay for analyst advice. They can't even figure out buy low sell high.
The Goldman Saks and Morgan Stanley downgrades came when Apple Stock was demonstrating some good strength. GS and MS are protecting their positions and those of related Hedgefunds on December Option Contracts. Their Analyst's opinions are based on self interest for their companies, and not on any intention to provide good information on Apple performance for regular investors. Apple is the most manipulated stock on the market! Where is the SEC?
AMEN, the only thing these epic tools have the ability to see any more are their own colon walls.
Apple is the onyl current safe haven as far as I am concerned.
I'm no fan of GS but lets face it folks Apple is way over priced and sooner or later investors will realize that. Especially investors with balls as there are a lot of true bargains out there for people to sink money into. I just don't see an appreciation in Apples value in the short term, that no matter what sort of product the deliver. There simply are better opportunities for those that still have investment cash to put into the morass that is wall street.
As to mac World it is likely something is coming. Obviously I don't know what, but I wouldn't be surprised to see a Mini replacement. In Apples case it is the product that they most need to have in salable condition if the economy does in fact get worst. The iMacs are likely not far behind but i think Apple has something special planned there.
The real question is just how bad is the economy. Personally I don't think it is that bad, all we have really seen is a collapse in the overheated housing market. This collapse was something that was going to happen sooner or later as to many markets where selling on speculation and speculation always leads to a market stress. If the economy was truly in depression then why is the bagel shop crammed pack every morning? Surely such is a luxury that people can and would cut back on if money was a problem.
Frankly the mentality of the recession seems to be driven by the same fools that are whining about global warming. In the same manner these people are fueling fear about the future to assure their political success. The biggest problem with either global warming or the recession crowd is that there are so many Americans so easily duped into believing that the favored mindset has the only handle on the issues. Sort of like the people that look at Apple as an invincible investment. It is just not rational to expect people to pour money into Apples stock when so many sweet options are cropping up. That by the way that isn't a negative against Apple just that the market is profoundly different than it was only a few months ago.
Dave
Dave...I think you are overreacting to the market. This is not the 2nd great depression. Only my grandfather has an accurate frame of reference, and he laughs, saying this is nothing.
I agree with him.
This sucks, dont get me wrong, but this is not a world-killer.
people are STILL buying stuff, but woe is us, at a rate of about 1% LESS than last year.
Call me when unemployment is at 25% and the Shantytown returns.
This is funny. These, so called, analysts are just as good as anyone on the rumor sites. They don't know anything at all.
That's because these analysts are all drinking from the same Kool-Aid fountain. They all come here for scoops. \ Which is why it's more important than ever (for AAPL) to get stories right.
to steal more of the $700 billion of the government bailout that their boy, Hank Paulson, got Congress to pass and Neil Kaskari, another one of their boys, is in charge of distributing.
And if you want to be even more conspiratorially inclined, another GS thug, Larry Summers, has an economic adviser role in the new administration.
My bet is that they will hammer down Apple's stock price, buy it with taxpayer money, make a killing when the price returns to a normal price and then steal the original money instead of giving it back to "we the people."
If you think I'm wearing a tinfoil hat, the joke's on you -- because ordinary people can only have access to aluminum foil. "They" don't want you to have actual tinfoil because those hats are effective!
This headline is pretty misleading - they didn't say there wouldn't be new products, just no new product CATEGORIES. Big difference.
It's virtually certain that we'll see speed bumps in one or more lines at the very least, particularly the Mac Pro, which is way overdue for a refresh, and Intel has appropriate chips for it coming soon.
I actually think the current economic climate would be perfect for the introduction of a new budget machine, particularly something like a revamped mini or a midtower.
Apple is not going to introduce a radically new form factor or new line at this time. They will continue incremental product upgrades and add to iTunes services to minimize expenditures. There is no way a tablet will come out at this time. I guar-on-tee it.
100% wrong as usual Spammy.
It's pretty easy when you avoid any mention of the facts to come up with predictions like this. See, watch ....
"If Apple doesn't come out with a new product at MacWorld, it will only be because it isn't ready yet and will debut later in the year. If anything is a certainty, it's that Apple will expand their multi-touch product range with a midrange device (most likely the mythical Apple tablet), to address the netbook market, and do so before too much of 2009 has passed."
And I'd hardly call the Macbook Air a "major new product" either, in terms of sales potential, and Apple did just fine in 2008. I think the biggest risk for Apple in the short term is simply the bad economy which is going to hurt them, it's just a matter of how much.
This is a bit much.
How can you call the MacBook Air, which was lambasted on arrival because of it's very "radicalness," and uses several new technologies, and actually sells very well (if you bothered to actually check before you posted), "not a major new product"????
I'm no fan of GS but lets face it folks Apple is way over priced and sooner or later investors will realize that. Especially investors with balls as there are a lot of true bargains out there for people to sink money into. I just don't see an appreciation in Apples value in the short term, that no matter what sort of product the deliver. There simply are better opportunities for those that still have investment cash to put into the morass that is wall street.
.........
Frankly the mentality of the recession seems to be driven by the same fools that are whining about global warming. ......
Dave
I just do not know how to respond..... ????? Over priced???? true bargins??????
Yeah, How about this for an idea,.... Buy Microsoft before all of its money is gone. ?????
Maybe some financial investment company stock cause they all know what they are doing???
Or some GM stock ... before they declare bankruptcy next month.????
And yes you are right, everything is right in the world nature wise. We can over polute, over fish, dump toxins....... and none of it will ever come back to haunt us or our children.
PS check out Brownsville texas. They have been dumping toxins in Mexico across the boarder and guess where all that crap groundwater is going.???????? Want to buy some land in Brownsville??? Dave???
Comments
That's good news if they aren't introducing any radically new products. Apple needs to tighten up the products they are currently offering. The iPhone OS needs some work both in stability and features. OS X needs lots of work (push email, calendar, etc). The newest hardware has bugs. Less breadth and more depth is a good thing from where I'm sitting.
Sheldon
I agree that iPhone and OS X do need some work... but as I mentioned in another thread; "iPod was introduced in October 2001... not exactly the best climate of economic stability and consumer confidence." Plus they continued to open retail stores across the country - 51 by the end of 2002.
Sure the iPod was done and ready before 9/11, but they could have sat on it for a few months. They didn't and launching a new product line and continuing to open retail stores seemed like a silly strategy at the time...
GS downgrading Apple? Pot calling the kettle black.
Doesn't this mean that an Apple Tablet come January is DEFINITE?!
what is the point of a buyback anyways? To increase the share price? The price will get hammered anyways and fall. That would seem like a waste of money. Is the point of a buyback for the company to buy low and sell its shares high at a later point to make $$$ ?
There are a couple reasons a company would buy back their own stock.
1. To send a strong signal to the investment community that the top management, who should know the most about their own stock value, think that the stock is a bargain and it is poised to increase.
2. They have a lot more cash than they need to run the business so they put that cash to work by investing it in their own company.
3. To decrease the number of outstanding shares. If each share represents a percent of the total capitalization of the company then fewer outstanding shares means that each shareholder owns a larger piece of the pie.
Not saying that Apple should, just trying to explain the usual rational behind the process.
Doesn't this mean that an Apple Tablet come January is DEFINITE?!
Im hoping so
____________
As to mac World it is likely something is coming. Obviously I don't know what, but I wouldn't be surprised to see a Mini replacement. In Apples case it is the product that they most need to have in salable condition if the economy does in fact get worst. The iMacs are likely not far behind but i think Apple has something special planned there.
The real question is just how bad is the economy. Personally I don't think it is that bad, all we have really seen is a collapse in the overheated housing market. This collapse was something that was going to happen sooner or later as to many markets where selling on speculation and speculation always leads to a market stress. If the economy was truly in depression then why is the bagel shop crammed pack every morning? Surely such is a luxury that people can and would cut back on if money was a problem.
Frankly the mentality of the recession seems to be driven by the same fools that are whining about global warming. In the same manner these people are fueling fear about the future to assure their political success. The biggest problem with either global warming or the recession crowd is that there are so many Americans so easily duped into believing that the favored mindset has the only handle on the issues. Sort of like the people that look at Apple as an invincible investment. It is just not rational to expect people to pour money into Apples stock when so many sweet options are cropping up. That by the way that isn't a negative against Apple just that the market is profoundly different than it was only a few months ago.
Dave
The Goldman Saks and Morgan Stanley downgrades came when Apple Stock was demonstrating some good strength. GS and MS are protecting their positions and those of related Hedgefunds on December Option Contracts. Their Analyst's opinions are based on self interest for their companies, and not on any intention to provide good information on Apple performance for regular investors. Apple is the most manipulated stock on the market! Where is the SEC?
AMEN, the only thing these epic tools have the ability to see any more are their own colon walls.
Apple is the onyl current safe haven as far as I am concerned.
I'm no fan of GS but lets face it folks Apple is way over priced and sooner or later investors will realize that. Especially investors with balls as there are a lot of true bargains out there for people to sink money into. I just don't see an appreciation in Apples value in the short term, that no matter what sort of product the deliver. There simply are better opportunities for those that still have investment cash to put into the morass that is wall street.
As to mac World it is likely something is coming. Obviously I don't know what, but I wouldn't be surprised to see a Mini replacement. In Apples case it is the product that they most need to have in salable condition if the economy does in fact get worst. The iMacs are likely not far behind but i think Apple has something special planned there.
The real question is just how bad is the economy. Personally I don't think it is that bad, all we have really seen is a collapse in the overheated housing market. This collapse was something that was going to happen sooner or later as to many markets where selling on speculation and speculation always leads to a market stress. If the economy was truly in depression then why is the bagel shop crammed pack every morning? Surely such is a luxury that people can and would cut back on if money was a problem.
Frankly the mentality of the recession seems to be driven by the same fools that are whining about global warming. In the same manner these people are fueling fear about the future to assure their political success. The biggest problem with either global warming or the recession crowd is that there are so many Americans so easily duped into believing that the favored mindset has the only handle on the issues. Sort of like the people that look at Apple as an invincible investment. It is just not rational to expect people to pour money into Apples stock when so many sweet options are cropping up. That by the way that isn't a negative against Apple just that the market is profoundly different than it was only a few months ago.
Dave
Dave...I think you are overreacting to the market. This is not the 2nd great depression. Only my grandfather has an accurate frame of reference, and he laughs, saying this is nothing.
I agree with him.
This sucks, dont get me wrong, but this is not a world-killer.
people are STILL buying stuff, but woe is us, at a rate of about 1% LESS than last year.
Call me when unemployment is at 25% and the Shantytown returns.
This is funny. These, so called, analysts are just as good as anyone on the rumor sites. They don't know anything at all.
That's because these analysts are all drinking from the same Kool-Aid fountain. They all come here for scoops.
Apple: it is Firewire! Bring it back!
That's exactly the kind of innovation we need!
to steal more of the $700 billion of the government bailout that their boy, Hank Paulson, got Congress to pass and Neil Kaskari, another one of their boys, is in charge of distributing.
And if you want to be even more conspiratorially inclined, another GS thug, Larry Summers, has an economic adviser role in the new administration.
My bet is that they will hammer down Apple's stock price, buy it with taxpayer money, make a killing when the price returns to a normal price and then steal the original money instead of giving it back to "we the people."
If you think I'm wearing a tinfoil hat, the joke's on you -- because ordinary people can only have access to aluminum foil. "They" don't want you to have actual tinfoil because those hats are effective!
Dude, if you write a book, I'm buying it.
Jimzip
It's virtually certain that we'll see speed bumps in one or more lines at the very least, particularly the Mac Pro, which is way overdue for a refresh, and Intel has appropriate chips for it coming soon.
I actually think the current economic climate would be perfect for the introduction of a new budget machine, particularly something like a revamped mini or a midtower.
This is not the 2nd great depression. Only my grandfather has an accurate frame of reference, and he laughs, saying this is nothing.
I agree with him.
No kidding. Anyone who calls this the Second Great Depression ("Sloppy Second Depression"?) hasn't a clue in the world.
A 32GB iPhone 3G.
Usually there's rumours when there's new products coming out. A bit of a drought about the rumored table I'd say.
Apple is not going to introduce a radically new form factor or new line at this time. They will continue incremental product upgrades and add to iTunes services to minimize expenditures. There is no way a tablet will come out at this time. I guar-on-tee it.
100% wrong as usual Spammy.
It's pretty easy when you avoid any mention of the facts to come up with predictions like this. See, watch ....
"If Apple doesn't come out with a new product at MacWorld, it will only be because it isn't ready yet and will debut later in the year. If anything is a certainty, it's that Apple will expand their multi-touch product range with a midrange device (most likely the mythical Apple tablet), to address the netbook market, and do so before too much of 2009 has passed."
And I'd hardly call the Macbook Air a "major new product" either, in terms of sales potential, and Apple did just fine in 2008. I think the biggest risk for Apple in the short term is simply the bad economy which is going to hurt them, it's just a matter of how much.
This is a bit much.
How can you call the MacBook Air, which was lambasted on arrival because of it's very "radicalness," and uses several new technologies, and actually sells very well (if you bothered to actually check before you posted), "not a major new product"????
You're just making stuff up here.
No kidding. Anyone who calls this the Second Great Depression ("Sloppy Second Depression"?) hasn't a clue in the world.
Ditto. I choose not to participate and am going on with business as usual.
I just watched the 1951 original of The Day the Earth Stood Still. Too bad the remake wasn't done in D.C.
EDIT: And to GS. Thanks for lowering the value of everyone's stock! BTW, mint.com rocks.
I'm no fan of GS but lets face it folks Apple is way over priced and sooner or later investors will realize that. Especially investors with balls as there are a lot of true bargains out there for people to sink money into. I just don't see an appreciation in Apples value in the short term, that no matter what sort of product the deliver. There simply are better opportunities for those that still have investment cash to put into the morass that is wall street.
.........
Frankly the mentality of the recession seems to be driven by the same fools that are whining about global warming. ......
Dave
I just do not know how to respond..... ????? Over priced???? true bargins??????
Yeah, How about this for an idea,.... Buy Microsoft before all of its money is gone. ?????
Maybe some financial investment company stock cause they all know what they are doing???
Or some GM stock ... before they declare bankruptcy next month.????
And yes you are right, everything is right in the world nature wise. We can over polute, over fish, dump toxins....... and none of it will ever come back to haunt us or our children.
PS check out Brownsville texas. They have been dumping toxins in Mexico across the boarder and guess where all that crap groundwater is going.???????? Want to buy some land in Brownsville??? Dave???
Just a thought.
en