gmgravytrain
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Apple's services will grow to over $100 billion per year in 2023, says Morgan Stanley
Apple's stock price fell like a brick after the earnings report and that's the reality. I'm not going to get myself all excited just because of some high-price target prediction. I'm sure more Apple stock downgrades will be coming to hold the stock price down for at least a couple of months. All I know is the world is being driven by Android smartphones and the BRIC nation consumers will be carrying nothing but Android smartphones like a badge of honor. Apple won't be able to sell any iPhones to those BRIC nation consumers who probably don't even earn $1100 a year in salary. That will be four enormous countries where Apple won't have but a teeny, tiny fraction of iPhone purchasers. That is so sad. It's a wonder big investors tossed Apple stock into the toilet and flushed twice.
Whenever I hear such blatant cheer-leading for Apple's stock price or value I just find it sort of annoying. It just seems much to high considering Apple's iPhone unit sales have pretty much stagnated. I wish fellow Apple shareholders the best of luck and maybe this scenario will actually happen, but I'm not holding my breath. If I see a 10% gain (from today) in Apple's share price before the end of the year, I'll be more than pleased. It won't please those greedy big investors but I'll continue to receive my Apple dividends and that's good enough for now. Apple's P/E is back to 18 again and it always seems to yo-yo between 18 and 20. I never expect Apple's P/E to be higher than 20.x while all the FANG and Microsoft stock shareholders get super-high P/Es as a matter of course.
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OnePlus plus has bit into Apple in India, and things may only get worse
It's unlikely Apple will ever stand a chance in India within the next five years. The way Apple keeps jacking up iPhone prices, I don't see how anyone in that country can afford or even want to buy an iPhone when they have so many less expensive Android smartphones to choose from. The Apple ecosystem is probably non-existent in India because there likely aren't many Mac desktops or laptops being sold in the country. I've already faced the fact that Apple will not make any headway in any of the BRIC nations. Apple basically said to all the Android manufacturers, "These countries are completely yours to take 98% market share to our 2%." That's a really discouraging thing for Apple shareholders to have to hear. It's a crushing defeat by all Android manufacturers. Four huge countries and Apple can't even get a teeny, tiny worth of a grip in terms of market percentage. It's no wonder Wall Street has given Apple such a kick in the nuts for the last week or so. Now, Apple has to be the only tech company struggling to make share gains while the FANGS and Microsoft are freaking knocking it out of the ballpark.
I always hear about reversals of fortunes and now Apple is on the negatively receiving end of said reversal. Everyone is always happy to see Apple stock end up in the toilet and now they're all having a good laugh at the former trillion-dollar company. They were all sure it wouldn't last for Apple and now they're right. I'm not actually worried as long as I'm receiving my fine Apple dividends. It just kind of hurts how Apple is being left out in the cold while the rest of the tech stocks are burning hot. Only Apple has to worry about things like peak iPhone every single quarter. There hasn't been anything close to an iPhone 'supercycle' in the past few years, so why do some people keep talking about it happening.
The party's over... dum-de-dum-dum. (sung in a wistful voice)
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iPhone XR production cuts suspected based on questionably weak demand, component quality i...
How accurate are these reports? Why does Apple seem to suffer from these production rumors or leaks while most other manufacturers don't? I actually do look on the internet for other Chinese smartphone companies having production slowdowns or quality issues with their products and usually I don't find anything. I occasionally find a few articles telling about Samsung production woes or quality issues but not every quarter. With Apple, one production rumor can start and be all over the internet, reaching even Youtube. What does questionably weak demand even mean? They're always talking about production not meeting expectations, but whose expectations. I suppose they're talking about Rosenblatt Securities' expectations but what are their expectations based upon. Apple's guidance? I'm not complaining about their expectations, but for some reason these articles don't have much solid substance. Apple's weaker guidance already implies the possibility of lowered sales numbers, so that should be sufficient enough. -
iPhone XR demand reportedly forcing Apple to cut production expansion plans
wilson6550 said:how about Apple stop making the same phone year after year come up with a new concept or a new UI They act like we care about faster this and faster that we want a new phone I refused the update I will stay with my X Until I am impressed -
Apple, Samsung beaten to foldable phone by clunky Royole FlexPai
slurpy said:Apple out-innovated YET AGAIN!11 Tim Cook, what are you doing??! How will you compete with this??!! I've been an Apple veteran Since the Apple ][, have owned every single Apple product ever made, and clearly this is yet more evidence of Apple losing it's way and continuing on it's downward spiral.