The average retail investor buys high and sells low and that’s why so many think the stock market is a casino where the house always wins. But you can’t make any money these days without being in the stock market. You actually lose money to inflation with CDs that pay little to no interest over long periods of time. You might as well just put your money in a tin can and bury it in the back yard. Bonds? Meh. Precious metals? Gimme a break! The tip your dentist gave you will probably work out just as well as buying gold.
Gold and silver are OK, but I don't like them because they are difficult to buy and sell, not to mention difficult to protect. At the end of the Bush administration and into Obama coming into office, we all saw the massive corrupt machinery operating in favor of the special interests that are aligned with Washington. I figured that since the deck is stacked, you can only win if you also align your interests with those of the corrupt insiders and my portfolio has borne out this fact. The average person cannot win by fighting the system.
I wouldn’t be worried about iWatch sales (I just wouldn’t have expected many to sell at all, since it’s a companion product); I WOULD be worried about the collapse of China.
Their market is collapsing thanks to deep, deep corruption that rivals anything seen in the US. Any figures that come out of China touting profitability or their alleged rise as the latest "superpower" should be met with skepticism. If the US has another market crash, China will also be hurt and if the EU eventually takes a dive, China is in real trouble.
The average retail investor buys high and sells low and that’s why so many think the stock market is a casino where the house always wins. But you can’t make any money these days without being in the stock market. You actually lose money to inflation with CDs that pay little to no interest over long periods of time. You might as well just put your money in a tin can and bury it in the back yard. Bonds? Meh. Precious metals? Gimme a break! The tip your dentist gave you will probably work out just as well as buying gold.
This is a truth that is going to hurt a lot of people because many small investors, like retirees living off investment returns, have flocked to the stock market in recent times as they have been the only asset class providing returns and the current value of equities has become grossly inflated in the US and other markets. When the bubble bursts there is going to be some serious pain. http://www.ocregister.com/articles/pimco-656718-erian-people.html
I wouldn’t be worried about iWatch sales (I just wouldn’t have expected many to sell at all, since it’s a companion product); I WOULD be worried about the collapse of China.
Their market is collapsing thanks to deep, deep corruption that rivals anything seen in the US. Any figures that come out of China touting profitability or their alleged rise as the latest "superpower" should be met with skepticism. If the US has another market crash, China will also be hurt and if the EU eventually takes a dive, China is in real trouble.
If they collapse, so will the US. We owe them so much money, and they would probably want that back.
Yeah, but those sales appeared to have gone to Apple, considering Apple is the only company who puts their numbers out no one really knows what the other guys sold. Apple could not have grown 112% in china and have all the other guys grow in a stagnet market. Someone it making up funny numbers.
Everything I read suggests that Samsung lost more low end phones to the two top Chinese vendors than they lost high end phones to Apple. Many other phone vendors are losing too. I think this new ranking is entirely plausible given the relative numbers of low end phone customers to high end customers in China.
They say Apple is third but fail to give a percentage share. And fail to give a units sold by Xiaomi or Huewei. Both who don't report unit numbers on their quarterly reports. Not that it matters but Apple could have sold a few thousand less and still be third place. Smell of twisting numbers to follow an agenda.
Total Apple tanked to $117.50 about 12% below its all time high.
So obvious Wall STreet is trying to scare retail into selling their shares for cheap. Not getting my shares assholes
I just read that Apple paid $138M for a 43 acre development site in San Jose. They're not leasing it, they bought it. The land is approved for up to 2.8m square feet of office space which is roughly similar to Campus 2. I'm very curious to know just what Apple is up to with all these real estate purchases. It's obviously something big.
I just read that Apple paid $138M for a 43 acre development site in San Jose. They're not leasing it, they bought it. The land is approved for up to 2.8m square feet of office space which is roughly similar to Campus 2. I'm very curious to know just what Apple is up to with all these real estate purchases. It's obviously something big.
1) Success isn't in units shipped, it's in profits retained.
2) I'm having hard time believing the analysts seeing apple doubling revenue, and at the same time dropping to 3rd place in quarterly shipments, when they classify China Smartphones as a 'stagnant' market.
"... having hard time believing...", really? Isn't this similar to what analysts did in the US and Europe right before the iPhone 6/6 Plus shipped? Even though Tim Cook said he saw things differently, analysts and the blogosphere poo-pooed his words and went with the negative. When Apple ended up selling 74.5 million iPhones, the analysts went silent about saturation, stagnation, etc. Now it is China's turn. The "Apple lost its crown" stories popped up first thing this morning starting with Fortune for me then spreading throughout the blogosphere without many authors questioning how Apple was earning more money while selling less phones.
Remember in April 2015, it was reported Samsung reclaimed its number one global smartphone position by the end of the March 2015 quarter. The report came out AFTER Apple announced record smartphone sales with a number and earnings but BEFORE Samsung announced lower smartphone/phone sales without a number AND earnings, yet somehow it reclaimed the number one global smartphone position.
Next week look for the new Samsung smartphones to be an instant success in the global market arena just like the current smartphones were earlier this year. If I remember correctly, carriers had pre-ordered 20 million Samsung smartphones.
This is excellent news for Apple, as it shows that even after a blowout quarter for iPhone sales, they still have lots of room for growth. Buy buy buy. If they were #1, I'd sell ...
Meaningless without context. Were the gains made by Xiaomi and Huawei in the high end flagship market or the low end crap phone market? I’m sure Apple is happy to concede the low end to these two companies just like it does Samsung. Since Apple’s Chinese revenues were up 112% I’m guessing they are not all that concerned about this ‘report’ that implies impending failure and collapse by Apple. Of course these kinds of reports are what generate ad clicks so I’m not surprised that the context of these results are ignored and not reported.
Xiaoma I know is selling a crapload of phones but then you see their profits and it's a joke!!! They're almost selling them at cost. In sure the others are the same.
Xiaoma I know is selling a crapload of phones but then you see their profits and it's a joke!!! They're almost selling them at cost. In sure the others are the same.
But the financial websites are running with the “Apple sales collapse in China” headlines. AAPL closed at about $118 today. The manipulating is in full swing. I can’t believe this but apparently it is legal to manipulate stock prices with FUD and spinning. Spin it down, then spin it up, then down again. No wonder the common man doesn’t trust the stock market and its smarmy analysts to have their best interests in mind. Especially those half-bald guys in white shirts with their rubber banded ponytails and goatees on CNBC.
But the financial websites are running with the “Apple sales collapse in China” headlines. AAPL closed at about $118 today. The manipulating is in full swing. I can’t believe this but apparently it is legal to manipulate stock prices with FUD and spinning. Spin it down, then spin it up, then down again. No wonder the common man doesn’t trust the stock market and its smarmy analysts to have their best interests in mind. Especially those half-bald guys in white shirts with their rubber banded ponytails and goatees on CNBC.
Yes, pump and dump, dump and pump, whatever it takes to make a buck...
If they collapse, so will the US. We owe them so much money, and they would probably want that back.
Again with this nonsense. We owe Japan more than China and ourselves more than anyone. China’s debt is guaranteed to never come due by their dependence on our economy.
I'm sort of happy that Apple is starting to lose dominance, and happier still if they shrunk a bit and became the Always Stay Hungry Company.
Added bonus is that we could continue to enjoy "security by obscurity" /s
Haha. Apple being added to the Dow certainly has not helped the stock.
Hard to say for sure, but I'm guessing AAPL could hit $110 again. It hit $115.51 this morning and there seems to be no end to the downward pressure (based on absolutely nothing, of course).
Sog better start making plans for how he will spend all of his free time after he self-bans for a year.
This caught me a bit by surprise, not because of the numbers but because of what Canalys puts in the PC category:
"Lenovo took the top spot from Apple in the PC market (desktops, notebooks and tablets) in Q2 2015. Apple had held the lead since Q3 2014. Lenovo shipped just under 16.0 million PCs, some 240,000 more than Apple, giving it a 15% market share. The worldwide PC market fell 12% annually to 109.2 million units, with double-digit percentage declines affecting desktop, notebook and tablet shipments. Apple, HP and Dell followed Lenovo, with marginal increases in their shares of the declining market. Samsung completed the top five, but experienced a slight dip in share as a result of slowing tablet sales and the scaling back of its participation in the notebook market.
‘Apple and Lenovo lead the market in their home countries of the US and China respectively.[B] But Apple is heavily reliant on worldwide iPad shipments, which totaled 10.9 million units this quarter. iPads represented 70% of Apple’s total PC shipments in Q2[/B], and these shipments have been falling year on year since peaking in Q4 2013. Apple remains exposed to the fortunes of the worldwide tablet market, which has experienced annual declines for three consecutive quarters,’ said Tim Coulling, Canalys Senior Analyst. ‘Lenovo controls almost 30% of the Chinese PC market and is steadily building its share in the US. With a more diverse product portfolio, Lenovo is in a stronger position than Apple to cement its lead in the market. But it is not without its own challenges, and has recently had to take steps to clear a significant build-up of PC inventory in EMEA.’
I had always been under the impression they put tablets in their own separate category when reporting market share. I was obviously mistaken.
Comments
The average retail investor buys high and sells low and that’s why so many think the stock market is a casino where the house always wins. But you can’t make any money these days without being in the stock market. You actually lose money to inflation with CDs that pay little to no interest over long periods of time. You might as well just put your money in a tin can and bury it in the back yard. Bonds? Meh. Precious metals? Gimme a break! The tip your dentist gave you will probably work out just as well as buying gold.
Gold and silver are OK, but I don't like them because they are difficult to buy and sell, not to mention difficult to protect. At the end of the Bush administration and into Obama coming into office, we all saw the massive corrupt machinery operating in favor of the special interests that are aligned with Washington. I figured that since the deck is stacked, you can only win if you also align your interests with those of the corrupt insiders and my portfolio has borne out this fact. The average person cannot win by fighting the system.
Actually it started on Friday afternoon when WSJ wrote that ?Watch hit piece.
Yep.
I wouldn’t be worried about iWatch sales (I just wouldn’t have expected many to sell at all, since it’s a companion product); I WOULD be worried about the collapse of China.
Their market is collapsing thanks to deep, deep corruption that rivals anything seen in the US. Any figures that come out of China touting profitability or their alleged rise as the latest "superpower" should be met with skepticism. If the US has another market crash, China will also be hurt and if the EU eventually takes a dive, China is in real trouble.
The average retail investor buys high and sells low and that’s why so many think the stock market is a casino where the house always wins. But you can’t make any money these days without being in the stock market. You actually lose money to inflation with CDs that pay little to no interest over long periods of time. You might as well just put your money in a tin can and bury it in the back yard. Bonds? Meh. Precious metals? Gimme a break! The tip your dentist gave you will probably work out just as well as buying gold.
This is a truth that is going to hurt a lot of people because many small investors, like retirees living off investment returns, have flocked to the stock market in recent times as they have been the only asset class providing returns and the current value of equities has become grossly inflated in the US and other markets. When the bubble bursts there is going to be some serious pain. http://www.ocregister.com/articles/pimco-656718-erian-people.html
Aren't they all?
If they collapse, so will the US. We owe them so much money, and they would probably want that back.
Everything I read suggests that Samsung lost more low end phones to the two top Chinese vendors than they lost high end phones to Apple. Many other phone vendors are losing too. I think this new ranking is entirely plausible given the relative numbers of low end phone customers to high end customers in China.
I just read that Apple paid $138M for a 43 acre development site in San Jose. They're not leasing it, they bought it. The land is approved for up to 2.8m square feet of office space which is roughly similar to Campus 2. I'm very curious to know just what Apple is up to with all these real estate purchases. It's obviously something big.
The city of Apple Inc.
2 things...
1) Success isn't in units shipped, it's in profits retained.
2) I'm having hard time believing the analysts seeing apple doubling revenue, and at the same time dropping to 3rd place in quarterly shipments, when they classify China Smartphones as a 'stagnant' market.
"... having hard time believing...", really? Isn't this similar to what analysts did in the US and Europe right before the iPhone 6/6 Plus shipped? Even though Tim Cook said he saw things differently, analysts and the blogosphere poo-pooed his words and went with the negative. When Apple ended up selling 74.5 million iPhones, the analysts went silent about saturation, stagnation, etc. Now it is China's turn. The "Apple lost its crown" stories popped up first thing this morning starting with Fortune for me then spreading throughout the blogosphere without many authors questioning how Apple was earning more money while selling less phones.
Remember in April 2015, it was reported Samsung reclaimed its number one global smartphone position by the end of the March 2015 quarter. The report came out AFTER Apple announced record smartphone sales with a number and earnings but BEFORE Samsung announced lower smartphone/phone sales without a number AND earnings, yet somehow it reclaimed the number one global smartphone position.
Next week look for the new Samsung smartphones to be an instant success in the global market arena just like the current smartphones were earlier this year. If I remember correctly, carriers had pre-ordered 20 million Samsung smartphones.
This is excellent news for Apple, as it shows that even after a blowout quarter for iPhone sales, they still have lots of room for growth. Buy buy buy. If they were #1, I'd sell ...
Xiaoma I know is selling a crapload of phones but then you see their profits and it's a joke!!! They're almost selling them at cost. In sure the others are the same.
Xiaoma I know is selling a crapload of phones but then you see their profits and it's a joke!!! They're almost selling them at cost. In sure the others are the same.
But the financial websites are running with the “Apple sales collapse in China” headlines. AAPL closed at about $118 today. The manipulating is in full swing. I can’t believe this but apparently it is legal to manipulate stock prices with FUD and spinning. Spin it down, then spin it up, then down again. No wonder the common man doesn’t trust the stock market and its smarmy analysts to have their best interests in mind. Especially those half-bald guys in white shirts with their rubber banded ponytails and goatees on CNBC.
But the financial websites are running with the “Apple sales collapse in China” headlines. AAPL closed at about $118 today. The manipulating is in full swing. I can’t believe this but apparently it is legal to manipulate stock prices with FUD and spinning. Spin it down, then spin it up, then down again. No wonder the common man doesn’t trust the stock market and its smarmy analysts to have their best interests in mind. Especially those half-bald guys in white shirts with their rubber banded ponytails and goatees on CNBC.
Yes, pump and dump, dump and pump, whatever it takes to make a buck...
Added bonus is that we could continue to enjoy "security by obscurity" /s
Again with this nonsense. We owe Japan more than China and ourselves more than anyone. China’s debt is guaranteed to never come due by their dependence on our economy.
Haha. Apple being added to the Dow certainly has not helped the stock.
Hard to say for sure, but I'm guessing AAPL could hit $110 again. It hit $115.51 this morning and there seems to be no end to the downward pressure (based on absolutely nothing, of course).
Sog better start making plans for how he will spend all of his free time after he self-bans for a year.
Ooops.
"Lenovo took the top spot from Apple in the PC market (desktops, notebooks and tablets) in Q2 2015. Apple had held the lead since Q3 2014. Lenovo shipped just under 16.0 million PCs, some 240,000 more than Apple, giving it a 15% market share. The worldwide PC market fell 12% annually to 109.2 million units, with double-digit percentage declines affecting desktop, notebook and tablet shipments. Apple, HP and Dell followed Lenovo, with marginal increases in their shares of the declining market. Samsung completed the top five, but experienced a slight dip in share as a result of slowing tablet sales and the scaling back of its participation in the notebook market.
‘Apple and Lenovo lead the market in their home countries of the US and China respectively.[B] But Apple is heavily reliant on worldwide iPad shipments, which totaled 10.9 million units this quarter. iPads represented 70% of Apple’s total PC shipments in Q2[/B], and these shipments have been falling year on year since peaking in Q4 2013. Apple remains exposed to the fortunes of the worldwide tablet market, which has experienced annual declines for three consecutive quarters,’ said Tim Coulling, Canalys Senior Analyst. ‘Lenovo controls almost 30% of the Chinese PC market and is steadily building its share in the US. With a more diverse product portfolio, Lenovo is in a stronger position than Apple to cement its lead in the market. But it is not without its own challenges, and has recently had to take steps to clear a significant build-up of PC inventory in EMEA.’
I had always been under the impression they put tablets in their own separate category when reporting market share. I was obviously mistaken.