I keep hearing people say "you're stupid if you think the stock market is based on the past". So basically Apple can't win. If they didn't have record iPhone sales they'd be doomed. If they do have record sales they're also doomed because the market is about the future and not the past and those comps will be awfully tough to beat. It's like heads I win tails you lose.
It's true, the stock market doesn't care what you did yesterday. It's what can you do for me tomorrow. That's why they like Google and Amazon - their future always looks bright. They just never seem to get there. But looking forward they still look good. Problem is, as much as no one will admit it, these two are one trick ponies. Search (ad revenue) and online sales. And they are so entrenched in their respective business it's almost impossible for someone to come along and beat them at their own game. Every thing else these two companies are into doesn't make money.
In Apple's case, they are treated as a one trick pony in which the bottom can fall out any time.
I personally believe in investing in companies that make good products/services that I would use, and are profitable. Then just hold on to them as long as the previous sentence still holds true.
Well... hold on. The Chinese economy could be in trouble. And Apple might not be able to launch a new breakout product in the Apple Watch. Those worries are at least maybe founded on something real.
That having been said, in my opinion, this drop in stock price is a minor correction. AAPL is still way up over the last year.
Going forward, the future is bright for AAPL. The iPhone 6S has lots of room to grow sales, with many loyal Apple followers still using the 5 and even 4's. So the upgrade potential hasn't really been tapped yet. And heaven knows, there are maaaaaany Android/Samsung users who are absolutely capable of jumping ship.
So in conclusion, AAPL has a LOT of headroom, because Android is a ginormous pie ready to be eaten... by Apple.
Still bewildered how the SEC can allow dick head pseudo journalist like Matt Drudge to play doomer headlines with AAPL - its almost like he or friends have a short position
Wallstreet is becoming the WWF. They are supposedly afraid Apple's earnings will not grow next year. Even if they don't grow earnings they will still make another 60-70 billion next year. At that rate they will have their current market cap in cash in 7 years when you add the 200b they currently got. China sales were up 100% last quarter and investors are dumping stock because of China fears. Bottom line, too many regular folk stand to gain from wallstreet giving it a fair multiple so we get these 10% dumps in a week to reset the clock.
It's true, the stock market doesn't care what you did yesterday. It's what can you do for me tomorrow. That's why they like Google and Amazon - their future always looks bright. They just never seem to get there. But looking forward they still look good. Problem is, as much as no one will admit it, these two are one trick ponies. Search (ad revenue) and online sales. And they are so entrenched in their respective business it's almost impossible for someone to come along and beat them at their own game. Every thing else these two companies are into doesn't make money.
In Apple's case, they are treated as a one trick pony in which the bottom can fall out any time.
I personally believe in investing in companies that make good products/services that I would use, and are profitable. Then just hold on to them as long as the previous sentence still holds true.
The other thing about Google and Amazon is they both have little exposure to China. I still think the biggest reason for Apple panic is China.
Still bewildered how the SEC can allow dick head pseudo journalist like Matt Drudge to play doomer headlines with AAPL - its almost like he or friends have a short position
Apple creates an enormous opportunity for those that sort of game the system. Apple has a bit of a miss on some target that some analyst overestimated. The stock gets overly punished. I think the market is hoping to chase out the weak of spirit.
Then, predictably, the next quarter rolls around and it's a doozie. The stock rebounds. These same analysts that were fearing death are now reaping profits.
It just seems to me that any opportunity to punish a near-perfect company is gleefully taken by wall street, who understand that Apple is undervalued and these short durations of 'punishment' where the stock drops will always be rewarded later.
It is manipulation but that's wall street. Personally, i'm hanging on because it's just now getting exciting. Buy on the dip if you can....wall street surely is.
Because Apple has grown so fast, it's an easy target for pump and dump, because investors are automatically optimistic about the stock, and are more likely to believe the overestimates. The traders who plan to short on AAPL (or hedge funds with put contracts on AAPL) only need the fiction of a "missed street expectations" crises to tank the stock and trigger their payout. And Tim Cook gets blamed for not hyping Watch sales, or for Apple being a "one trick pony" while the master stock manipulators get away blame-free. It's so simple a scam, and Apple makes it so easy for them.
AAPL is about as undervalued as stock gets. If it had AMZN's valuation or even MSFT's, I might agree with you, although even then I'd be more inclined to say that AAPL would still be more fairly valued than either of those. Yes, even at TWICE the present price, Apple would be more fairly valued than MSFT or AMZN. You heard it here first.
Why dont i see any analysis on how great and welcomed this price drop is for APPLE and their buyback program ..... Allows them to remove much more stock from the float.
Apple reconfirmed at their last RECORD BREAKING earnings...
" we belive our stock is very undervalued and we are very confident of our future product lineup ... Hence the attractivness of our buyback program "
If u believe the above statment by Apple and are a longterm stock holder then hang in there and rejoice the short term price drop.
If you dont own shars.. Then this is just as much an opportunity for you to get in as it is for apples buyback program !
Well Merrill Lynch just downgraded the stock. They cited slowing iPhone growth (with the 6S not having any wow features) and ?Watch and Apple Music slow to catch on. Of course the stock is down $1.10 pre market. Where is the evidence of slowing growth? Especially when a large portion of the install base doesn't even have the lastest phones? It's really sad these clowns drive the market
This morning on CNBC Joe Kernan asked what happens to Apple when someone builds a better mousetrap. And then mentioned Motorola. Is that what Wall Street is thinking now, that Apple could become blackberry at any minute? But why are they thinking this now and not a month ago or three months ago? What's so special about now?
lol. We are hearing a lot of BS from the bears right now. You really have to be clueless to think that Apple is like Nokia or Blackberry. Some people think that Apple is a one trick pony because most of its profits comes from the iphone. I think the ecosystem is what lock people in, not a single product.
That being said, I think Apple needs to continu to try to diversified its income. Adding new products and services is a way toward that goal, which also helps the ecosystem. Apple also needs to make sure it refresh its products and not let them unchanged for years, which happens from time to time.
Nice buying opportunity, yesterday. I had to sell a loser I planned to drop in December - grabbed a little more AAPL. Too tasty to pass up.
I did that too. But I dont think $115 is going to hold, imo we will drop near $105 unless Apple really get agressive on buybacks. I will buy again at $105 if we get there. I am also closely monitoring disney, I need to get into that stock and its on a nice drop right now.
lol. We are hearing a lot of BS from the bears right now. You really have to be clueless to think that Apple is like Nokia or Blackberry. Some people think that Apple is a one trick pony because most of its profits comes from the iphone. I think the ecosystem is what lock people in, not a single product.
That being said, I think Apple needs to continu to try to diversified its income. Adding new products and services is a way toward that goal, which also helps the ecosystem. Apple also needs to make sure it refresh its products and not let them unchanged for years, which happens from time to time.
Three downgrades this morning, two of them talking about an impending "disaster" in China. OK if these clowns are so smart and this is real how did they not foresee this? I don't remember any of them talking about disaster in China 2-3 weeks ago.
And just as I type this someone has swooped in and bought as Apple went from being down ~$1 to being up ~$0.60.
Three downgrades this morning, two of them talking about an impending "disaster" in China. OK if these clowns are so smart and this is real how did they not foresee this? I don't remember any of them talking about disaster in China 2-3 weeks ago.
And just as I type this someone has swooped in and bought as Apple went from being down ~$1 to being up ~$0.60.
"Be greedy when others are fearful." Half of the best advice Warren Buffet ever gave.
lol. We are hearing a lot of BS from the bears right now. You really have to be clueless to think that Apple is like Nokia or Blackberry. Some people think that Apple is a one trick pony because most of its profits comes from the iphone. I think the ecosystem is what lock people in, not a single product.
That being said, I think Apple needs to continu to try to diversified its income. Adding new products and services is a way toward that goal, which also helps the ecosystem. Apple also needs to make sure it refresh its products and not let them unchanged for years, which happens from time to time.
Joe Kernan says he'd rather be in Google or Microsoft because they're an "annuity". I guess if you believe Apple is just a gadget maker in a hit driven business that can fall out of fashion at any time then it's not the stock for you.
The very recent Apple stock slide is attributed to these reasons according to a Merrill-Lynch report:
1>They see a slowdown in revenue growth because iPhone sales are also slowing, and new products like Apple Watch and Apple Music are taking time to catch on.
2>China now accounts for 25% of all iPhone sales, and it’s going to be hard to increase that share.
3>The strong dollar will likely harm profits over the next few quarters, and profits are correlated to the stock price.
4>Apple is not crushing earnings estimates like it used to, and so analysts may lower their expectations.
5>The iPhone 6S and 6S+ (or what the upgrade to the iPhone 6 is oficially called), will include new features including force touch, but these won’t be enough to drive the stock meaningfully higher.
6>The analysts don’t see incremental capital return announcements beyond those already announced for the near future.
The same report notes this has happened 17 times before and the stock has generally recovered within 30 days. Take it FWIW.
The very recent Apple stock slide is attributed to these reasons according to a Merrill-Lynch report:
1>They see a slowdown in revenue growth because iPhone sales are also slowing, and new products like Apple Watch and Apple Music are taking time to catch on.
2>China now accounts for 25% of all iPhone sales, and it’s going to be hard to increase that share.
3>The strong dollar will likely harm profits over the next few quarters, and profits are correlated to the stock price.
4>Apple is not crushing earnings estimates like it used to, and so analysts may lower their expectations.
5>The iPhone 6S and 6S+ (or what the upgrade to the iPhone 6 is oficially called), will include new features including force touch, but these won’t be enough to drive the stock meaningfully higher.
6>The analysts don’t see incremental capital return announcements beyond those already announced for the near future.
The same report notes this has happened 17 times before and the stock has generally recovered within 30 days. Take it FWIW.
I don't know about anyone else, but I had a good laugh. (Not a criticism of you, Gator)
Comments
Fair value of Apple is at least $150. Will it see it this year? Who knows. Wall Street manipulators can keep the price down in the short term.
I predict we see it in 2018. Apple will be a slow moving stock in the upcoming years. Enjoy your dividends.
It's true, the stock market doesn't care what you did yesterday. It's what can you do for me tomorrow. That's why they like Google and Amazon - their future always looks bright. They just never seem to get there. But looking forward they still look good. Problem is, as much as no one will admit it, these two are one trick ponies. Search (ad revenue) and online sales. And they are so entrenched in their respective business it's almost impossible for someone to come along and beat them at their own game. Every thing else these two companies are into doesn't make money.
In Apple's case, they are treated as a one trick pony in which the bottom can fall out any time.
I personally believe in investing in companies that make good products/services that I would use, and are profitable. Then just hold on to them as long as the previous sentence still holds true.
Well... hold on. The Chinese economy could be in trouble. And Apple might not be able to launch a new breakout product in the Apple Watch. Those worries are at least maybe founded on something real.
That having been said, in my opinion, this drop in stock price is a minor correction. AAPL is still way up over the last year.
Going forward, the future is bright for AAPL. The iPhone 6S has lots of room to grow sales, with many loyal Apple followers still using the 5 and even 4's. So the upgrade potential hasn't really been tapped yet. And heaven knows, there are maaaaaany Android/Samsung users who are absolutely capable of jumping ship.
So in conclusion, AAPL has a LOT of headroom, because Android is a ginormous pie ready to be eaten... by Apple.
Still bewildered how the SEC can allow dick head pseudo journalist like Matt Drudge to play doomer headlines with AAPL - its almost like he or friends have a short position
The other thing about Google and Amazon is they both have little exposure to China. I still think the biggest reason for Apple panic is China.
That's what Tim Cook gets for taking Apple political.
Analysts buy AAPL, pump up AAPL
The Pledge.
Just before announcement, they short AAPL also,
Apple misses "expectations" by one unit,
Market stupidly reacts, free-for-all downhill
The Turn.
Wall Street sits back laughing at the stupidity of gullibility of people
Profit.
The Prestige!
Because Apple has grown so fast, it's an easy target for pump and dump, because investors are automatically optimistic about the stock, and are more likely to believe the overestimates. The traders who plan to short on AAPL (or hedge funds with put contracts on AAPL) only need the fiction of a "missed street expectations" crises to tank the stock and trigger their payout. And Tim Cook gets blamed for not hyping Watch sales, or for Apple being a "one trick pony" while the master stock manipulators get away blame-free. It's so simple a scam, and Apple makes it so easy for them.
Why dont i see any analysis on how great and welcomed this price drop is for APPLE and their buyback program ..... Allows them to remove much more stock from the float.
Apple reconfirmed at their last RECORD BREAKING earnings...
" we belive our stock is very undervalued and we are very confident of our future product lineup ... Hence the attractivness of our buyback program "
If u believe the above statment by Apple and are a longterm stock holder then hang in there and rejoice the short term price drop.
If you dont own shars.. Then this is just as much an opportunity for you to get in as it is for apples buyback program !
This morning on CNBC Joe Kernan asked what happens to Apple when someone builds a better mousetrap. And then mentioned Motorola. Is that what Wall Street is thinking now, that Apple could become blackberry at any minute? But why are they thinking this now and not a month ago or three months ago? What's so special about now?
lol. We are hearing a lot of BS from the bears right now. You really have to be clueless to think that Apple is like Nokia or Blackberry. Some people think that Apple is a one trick pony because most of its profits comes from the iphone. I think the ecosystem is what lock people in, not a single product.
That being said, I think Apple needs to continu to try to diversified its income. Adding new products and services is a way toward that goal, which also helps the ecosystem. Apple also needs to make sure it refresh its products and not let them unchanged for years, which happens from time to time.
Nice buying opportunity, yesterday. I had to sell a loser I planned to drop in December - grabbed a little more AAPL. Too tasty to pass up.
I did that too. But I dont think $115 is going to hold, imo we will drop near $105 unless Apple really get agressive on buybacks. I will buy again at $105 if we get there. I am also closely monitoring disney, I need to get into that stock and its on a nice drop right now.
Three downgrades this morning, two of them talking about an impending "disaster" in China. OK if these clowns are so smart and this is real how did they not foresee this? I don't remember any of them talking about disaster in China 2-3 weeks ago.
And just as I type this someone has swooped in and bought as Apple went from being down ~$1 to being up ~$0.60.
"Be greedy when others are fearful." Half of the best advice Warren Buffet ever gave.
Joe Kernan says he'd rather be in Google or Microsoft because they're an "annuity". I guess if you believe Apple is just a gadget maker in a hit driven business that can fall out of fashion at any time then it's not the stock for you.
And as I type this I see AAPL is now up 99 cents.
I'm set to buy if it gets to $110. Now it's up $1.08 after being down over $1 pre market.
1>They see a slowdown in revenue growth because iPhone sales are also slowing, and new products like Apple Watch and Apple Music are taking time to catch on.
2>China now accounts for 25% of all iPhone sales, and it’s going to be hard to increase that share.
3>The strong dollar will likely harm profits over the next few quarters, and profits are correlated to the stock price.
4>Apple is not crushing earnings estimates like it used to, and so analysts may lower their expectations.
5>The iPhone 6S and 6S+ (or what the upgrade to the iPhone 6 is oficially called), will include new features including force touch, but these won’t be enough to drive the stock meaningfully higher.
6>The analysts don’t see incremental capital return announcements beyond those already announced for the near future.
The same report notes this has happened 17 times before and the stock has generally recovered within 30 days. Take it FWIW.
I don't know about anyone else, but I had a good laugh. (Not a criticism of you, Gator)