josu

enature said:

Daniel Eran Dilger verbose posts supported by numerous charts give Apple investors exactly what they want to hear - that Apple is doing fantastic job and the bright future is ahead. Keep listening to this old DED tune, while AAPL stock melts down. And it will keep melting down because Apple products start to suck.
One fundamental problem with Apple that Cook failed to fix and DED failed to address is Apple's perennially weak cloud. Without a strong cloud, iPhone becomes more a jewelry item than a useful device (I know, the comparison is extreme, iPhone is still a good phone but I want to drive the point). DED barely mentions cloud in his post saying it "need to be fixed or improved." Right.... Eddy Cue can fix the cloud, and you know what else... pigs can fly.
One question every Apple investor should ask is this. Are Apple products as useful and as easy to use relative to their competition as they used to be? If not, then they do not justify the premium price Apple demands for them; Apple's popularity will go down and so will its stock.

Maybe iCloud don't work for you, but I'm a long time Apple used, and to me it works fine, I'm very happy with it, and had make me extend my user satisfaction of Apple products, handoff works fantastic, and all my important stuff is in iCloud and It syncs fast and perfectly. I know all the fame Dropbox have, but to me proved useless, something that didn't happen with iCloud. About AAPL stock, it can on can't melt whatever and for the time people want, but you can deny what you see, and that's what Wall Street is doing, but the real deal is that Apple is the most profitable company ever, and its not based on commodities booming as in oil companies had been. So they have pricing power. And based in its last 10-K and the guidance of the first quarter it will be this year again. So, go on, keep on dreaming of Apple going down the cliff and forget a stock that in the worst case scenario can give its shareholders 30$ per share cash, and still have enough money to outperform the rest of the tech industry.

foggyhill said:

Last year, Apple asked for less phones initially and then had to pump up the machine, this year they were asked to produce more in advance : result=less work in december.

20% less is exactly the level that Q2 was last year (-22% from Q1) (a record year).

Also, doesn't Foxconn have OTHER CLIENTS than Apple. Yes they do.

Your statement backed by the Reuters report in which the article is based

"Analysts said Hon Hai's results could be an indicator of demand for Apple's products in the first quarter of this year, but added that period was not normally a peak selling season and past iPhone cycles had followed a similar pattern, where an interim update on a model edition tends to see slower sales."

It starts to looks ridiculous the number of articles related to Apple vs. Wall Street. I know, is a period without rumors, so you must feed the blog, but everyday! I understand that people get increasingly anxious about the issue. Move on AI, there's not any rumors about the next iPads, Apple Watches or that new 4" iPhone? They are supposed to launch in April and no part leaks...

kraytinprime said:

josu said:

Totally agreed, the idiots that sell its stock pushing the panic button are the ones to blame, not Cook or the Wall Street greedy movers. I have Apple since 2000 I have passed through many of this moments, in 2001 even the management team and the board had lost faith in the stock, so they backdated the stock options. And here I am from 3,57 to 100. So what, another deep, unless I need the money I will never sell until its fairly valued or Wall Street get mad buying the stock again, something that sooner or lated will happen, that's the moment to sell. And never look back again.

Easy for you to say with your sub $4 cost basis.

But what about the people who bought at $100, $110, $120?  How the hell do you think they feel?

You blame the people selling the stock. Guess what? If Tim Cook defended the stock from total BULLSHIT rumors these people would not sell. I'm sorry but the average investor does not have time to research if these rumors are true or false. They see it plastered all over CNN, CNBC, WSJ, ect for WEEKS. And no response from Cook. What are they suppose to think?

If a rumor was spreading that Chiptole was serving deer meat do you think the CEO would say nothing? Hell no. He would come out with a statement right away. Yet Tim Cook says nothing when rumors come out that the iPhone is a weak seller and inventory if pilling up.

Exactly the same as me when I look at the value of Repsol, for what I paid 16€ per share a year from now and now are less than 10. But is my fault not the fault of the board, Or when I look at my Telefonicas that I wait to sell at 15 last year instead of accepting the 14,5 that touched, but all that is MY FAULT.
And let me say you something; I feel much more nervous about both of them than about Apple, the fundamental value of Apple really exist, so in my more than 20years of experience in the stock market this sooner or later will be reflected in the stock, with a hoard of cash and a solid balance sheet sooner or later Wall St. must stop paying chicken with private investors, risking losing credibility. And would act properly, have in mind that all that reports include a target price way higher than the current one, so they still believe in the potential of the stock.
 I recognize that I am in a more sedate position because I don't live in the US and don't hear all that crap you speak about. If I know about all this is because I look for it, not accidental, as average US citizen.

On your last issue, as I have said I don't live in the US so I don't know that meat company or if exists for that matter. If the rumor is false I would act immediately, but if the rumor is true, or, as is this case, refers to a product in which we don't disclose exact sales figures, and we are in the silent period I would let it go, in a few days we will know for sure. If you don't need the money calm down, nothing happens. We have go this route before, as I can remember at least this is the third time I passed through this. SO who knows, those reports can be true and we all get screwed.

And, pelase, don't say i am confortable because my purchase price seen from 2016 is low. In 2001 the stock went to less than a third I paid for. And I don't remember for sure but AMZN, in which I invested more or less the same amount of money was even lower and Wall Street "sentiment" was that it would go bankrupt for sure, well both would go bankrupt. But to win in this game you must learn to suffer. I feel sorry for your worries, and I bet you are in the best stock in which to wait a rebound, if it was happening to AMZN you could bet that never would see the highs again. And advise from somebody that have lose the shirt in the stock market twice, and is prepared to lose it again.

jackeebleu said:

please stop. If no one can see this speculation and sell off is merely the work of hedge fund managers, i have no idea what you will see. Even Kramer has said in the past that when he ran his hedge, whenever he needed a quick uptick in profits, get someone to float bad news about Apple. That would move the meter and he and other folks hedging Apple lower would make a ton. Yet it plays out every earning season, people sell on fear, hedgers get rich, and when the price is low enough they buy again. Wash rinse repeat. And every earnings period, people act like they have never seen the same behavior before. Sad.

Totally agreed, the idiots that sell its stock pushing the panic button are the ones to blame, not Cook or the Wall Street greedy movers. I have Apple since 2000 I have passed through many of this moments, in 2001 even the management team and the board had lost faith in the stock, so they backdated the stock options. And here I am from 3,57 to 100. So what, another deep, unless I need the money I will never sell until its fairly valued or Wall Street get mad buying the stock again, something that sooner or lated will happen, that's the moment to sell. And never look back again.