Wow. yet another case of the stock market ignoring reality.
When the rumors came out of decreasing demand, it was obvious that was a fallacy due to Apple's superior sell out numbers compared to any other smartphone manufacturer.
They have the single most successful product.
And that isn't even mentioning the iPad which is also the single most successful in its market.
Buy now before it goes up to $700 in the Summer.
This whole thing smells of stock manipulation and someone either inside Apple or elsewhere is going to profit big.
LOL! First you post an article from an Apply fanboy analyst for JP Morgan denying the reports from WSJ and Nikkei, and then when those reports turn out to be legit, you post this article excusing the cuts on "improved yields?"
Well, a NYTime hatchet piece repeats the same rumor. If you want to accept that as confirmation, feel free.
Not to mention that the NYTimes author doesn't understand 'quiet period'. Yes, there's an SEC-mandated period in some circumstances, but that's not what is being discussed here. There's also an informal, non-required quiet period that most companies follow before announcing results to prevent inadvertent release of material information.
Not that it matters. Apple doesn't comment on rumors. Period. The fact that they aren't commenting on this one doesn't mean a thing.
what is really great about this total BS rumor story is that it has flushed all the Apple-bashers out into the open as they hungrily pile on with their negative spin. even some commenters above.
when Apple announces its very good if not blowout iPhone sales next week, they will all then have shit all over their faces. of course they will proffer every kind of BS excuse they can think up or claim they will still be proved right ... some day.
what should we do in response? well, since no one gets fired any more in techland for just being an idiot or whore, we should just laugh at them as loud and long as possible and never let them forget this one.
Well, a NYTime hatchet piece repeats the same rumor. If you want to accept that as confirmation, feel free.
Not to mention that the NYTimes author doesn't understand 'quiet period'. Yes, there's an SEC-mandated period in some circumstances, but that's not what is being discussed here. There's also an informal, non-required quiet period that most companies follow before announcing results to prevent inadvertent release of material information.
Not that it matters. Apple doesn't comment on rumors. Period. The fact that they aren't commenting on this one doesn't mean a thing.
Bearing in mind the hammering the stock is taking and the money that's costing then they should be commenting.
what is really great about this total BS rumor story is that it has flushed all the Apple-bashers out into the open as they hungrily pile on with their negative spin. even some commenters above.
when Apple announces its very good if not blowout iPhone sales next week, they will all then have shit all over their faces. of course they will proffer every kind of BS excuse they can think up or claim they will still be proved right ... some day.
No they won't. They'll simply ignore it and generate more fabricated rumors about why NEXT quarter will be terrible.
Bearing in mind the hammering the stock is taking and the money that's costing then they should be commenting.
Apparently, they don't think so. Somehow, I suspect that they know more about running a multibillion dollar company than you do.
There are lots of reasons. One could be fear of stepping across the line and releasing material information that they can not legally release before the earnings report. Another one is that they may not want to start a trend of commenting on rumors - because that can lead to a full time effort (which is never successful, anyway) to stop out rumors. Or maybe they're just happy that it will cost them less money to buy back shares. I don't know why they haven't commented, but I'm sure they have a reason.
Bearing in mind the hammering the stock is taking and the money that's costing then they should be commenting.
It's part of the 'status quo' for Apple, and has been since 1981. They will comment as scheduled on 23 Jan, otherwise there is no substantive action available to Apple that would prevent this activity.
… except for the rumour that Apple will be switching to WinPhone 8 by 3Q 2013.
Comments
When the rumors came out of decreasing demand, it was obvious that was a fallacy due to Apple's superior sell out numbers compared to any other smartphone manufacturer.
They have the single most successful product.
And that isn't even mentioning the iPad which is also the single most successful in its market.
Buy now before it goes up to $700 in the Summer.
This whole thing smells of stock manipulation and someone either inside Apple or elsewhere is going to profit big.
But, even playing as I am with "house money", sooner or later a rigged game just get's tiresome.
Quote:
Originally Posted by Archipellago
http://www.gizmodo.co.uk/2013/01/yes-apple-is-cutting-down-iphone-5-orders-and-it-isnt-giving-any-explanation/
New York Times confirms original story
The linked NYT story is from _yesterday_ (ie, the same as the original story)
This may well be a significant story, but it's being reflected off every surface of the echo chamber.
LOL! First you post an article from an Apply fanboy analyst for JP Morgan denying the reports from WSJ and Nikkei, and then when those reports turn out to be legit, you post this article excusing the cuts on "improved yields?"
You're really unbelievable, AI.
Well, a NYTime hatchet piece repeats the same rumor. If you want to accept that as confirmation, feel free.
Not to mention that the NYTimes author doesn't understand 'quiet period'. Yes, there's an SEC-mandated period in some circumstances, but that's not what is being discussed here. There's also an informal, non-required quiet period that most companies follow before announcing results to prevent inadvertent release of material information.
Not that it matters. Apple doesn't comment on rumors. Period. The fact that they aren't commenting on this one doesn't mean a thing.
what is really great about this total BS rumor story is that it has flushed all the Apple-bashers out into the open as they hungrily pile on with their negative spin. even some commenters above.
when Apple announces its very good if not blowout iPhone sales next week, they will all then have shit all over their faces. of course they will proffer every kind of BS excuse they can think up or claim they will still be proved right ... some day.
what should we do in response? well, since no one gets fired any more in techland for just being an idiot or whore, we should just laugh at them as loud and long as possible and never let them forget this one.
Bearing in mind the hammering the stock is taking and the money that's costing then they should be commenting.
No they won't. They'll simply ignore it and generate more fabricated rumors about why NEXT quarter will be terrible.
Apparently, they don't think so. Somehow, I suspect that they know more about running a multibillion dollar company than you do.
There are lots of reasons. One could be fear of stepping across the line and releasing material information that they can not legally release before the earnings report. Another one is that they may not want to start a trend of commenting on rumors - because that can lead to a full time effort (which is never successful, anyway) to stop out rumors. Or maybe they're just happy that it will cost them less money to buy back shares. I don't know why they haven't commented, but I'm sure they have a reason.
Quote:
Originally Posted by Archipellago
Bearing in mind the hammering the stock is taking and the money that's costing then they should be commenting.
It's part of the 'status quo' for Apple, and has been since 1981. They will comment as scheduled on 23 Jan, otherwise there is no substantive action available to Apple that would prevent this activity.
… except for the rumour that Apple will be switching to WinPhone 8 by 3Q 2013.
Cheers