rumor-mill

Apple catered to wall street a couple years ago and it has gotten them nowhere.  WallStreet bashed Apple for hoarding cash and said paying a dividend would lift the stock and satisfy investors.   Apple complied.  WallStreet said iPhone was too expensive for China and they needed to make cheaper phone.  Apple complied with 5c.  WallStreet said Cook need to innovate and create new product and services.  Apple complied with Apple Pay and Apple Watch.  They said Apple needed to acquire a company but they had a fit when Apple bought Beats for 3 billion.  I think the stock tanked from that news.  If iPhone sales growth is now the issue why did the stock peak back in Feb?   I remember when the fear was margins, eps growth, rev growth and even Samsung!

Tim Cook stated on the most recent conference call that iPhone demand outpaced supply as of quarter end.   Two weeks later an analyst writes that Apple is cutting supply.  Those same analyst are neg short term but expect stock price to reach 130-150 within 12 months.  Wall Street currently punishes Apple because iPhone makes up 65% of profit but will also punish Apple in future if it does not continue to show double digit iPhone growth.  So despite the addition of a dividend, buyback, Apple Watch, 150 billion in earnings, eps growth and rev growth since 2012, the stock has actually gone down in mkt cap.  Just goes to show that the stock is not down because of cook and apple's financials.  Wall Street basically has put a top on the stock and looking for excuses to hold it there.  Supply chain, everybody owns Apple, everybody owns cell phone, no innovation, bend gate, maps gate,etc

Apple stock was cut in a few years ago because of margin fears by analysts.  Now they are hoping for a $350.00 phone?   As soon as Apple does that you will get a parade of folks on CNBC saying why buy the IP7 for 800 when the 350 special performs almost the same.  Similar to them finding people in their 20's with no interest in wearing a watch (during the launch of Apple Watch)