rogifan_old

josu said:

rogifan_old said:

So Gene Munster is out there saying the stock will go up 50% with iPhone 7. Why? What's going to be so special about the 7 that will get people who didn't upgrade to the 6S (or 6) to upgrade? A new case design? Seriously? I think it's nonsense.

Well, you don't have to see the current value as the "correct valuation" scenario. Now the stock is way undervalued, in essence has skipped 2015, the most successful year of Apple, or any other public traded company ever, in the stock valuation, so any positive news must make the stock go up not only for the hard figures of 2016, but for the fears that drag down the value of the stock right now. So is reasonable that if Apple has a good year, the stock growth could be even better given that it must reflect the fantastic 2015 that investors had ignored

Again I'm specifically referring to the Wall Street meme that things are bad now but everything will be great when iPhone 7 hits. They don't give any reasons why other than this nonsense that "s" year phones are someone just incremental updates as if the only thing that can't be considered "incremental" is a new case design. That's BS. What's also BS is that only 3 months into the 6S cycle this is an inevitable slowdown as people are waiting for the 7 to drop. Really? A new iPhone comes out and after roughly 3 months people stop buying it because they're waiting for the next one which is 9 months away? Nonsense. 

EsquireCats said:

The timing of this release seems interesting, such news would invariable lower apple stock price at a time when it typically spikes (pre-earnings announcement.) Especially for a project that we know little about, and potentially leaving for reasons which, again, we don't know.

Things usually get dumped on Friday nights when it's something people don't want anyone to know about. In Washington DC it's called take out the trash day. Whoever leaked this, there's a reason they did it on a Friday night and it's also interesting that Apple is refusing to comment.

Well Tony Fadell just tweeted this:

Huge loss for Apple, they're going to seriously miss you. Was awesome to work together on all the iPods and iPhones.

So I take that a confirmation this guy is leaving. 

thewhitefalcon said:

rogifan_old said:

If this is true it's a big deal. This guy is a 16 year Apple vet who ran iPod and iPhone engineering before allegedly being put on the car project.

Clearly this is a sign of the apocalypse. Tim Cook needs to be fired immediately. 

Ha. That's it off with Tim Cook's head. Seriously though probably not someone Apple wanted to lose. He currently has 172 patent applications and I noticed some of them are around stuff like liquid metal, sapphire and force touch. According to The Official Board he is/was reporting to Jony Ive but who knows if that's accurate as I though Ive no longer had direct reports. http://www.theofficialboard.com/org-chart/apple

Anyway working at Apple is tough and for a lot of employees work/life balance barely exists. Maybe this guy was just burned out after 16 years.

If this is true it's a big deal. This guy is a 16 year Apple vet who ran iPod and iPhone engineering before allegedly being put on the car project.