gmgravytrain

It's wonderful to hear Apple bought back so many shares when the gutless sheep dumped their Apple stock. I held fast because I'd heard all that panic crap in past Apple financial quarters and it meant absolutely nothing as far as Apple being particularly doomed. I really hate the fact that lying analysts can so easily deceive shareholders and potential investors. It's as though they want to scare everyone into buying FANG stocks because the big hedge funds own those stocks. It's really stupid to keep telling people to sell Apple stock based on supply chain chatter after Tim Cook tells them those figures are mostly useless when used to predict iPhone sales.

I still don't quite understand why big investors are happily paying $1500+ a share for Amazon stock with a P/E of 255 and dumping Apple stock at $170 with a P/E of 16. I can't imagine Amazon being that profitable but I'll just chalk it up to my ignorance when it comes to company value. I'm keeping my Apple stock for the increasing dividends which I'll receive every quarter even if Apple's share price falls. I'm sure by next quarter, Apple's outstanding share count will be below 5B and that's quite amazing to me. I understand why analysts might tell investors to buy FANG stocks, but it's absolutely criminal to tell potential investors NOT to buy Apple. That's not based on analysis, that's based on pure deception.  Apple got bombarded with "fake news" a couple of weeks before earnings.  That must have cost sheepish Apple shareholders who dumped their stock quite a bit of money.

It's amusing how Wall Street insists that Amazon will blow past Apple in value and have the highest market cap by far.  How is that really important?  During the Dot.com era, plenty of companies had high market caps and they didn't survive.  At the time, investors just got caught up in a buying frenzy that made little sense.  It's crazy how Wall Street pumps up certain stocks for their own benefit while telling investors to avoid solid companies just because they don't have double-digit growth.  Such greed can be too risky for small investors to look at every company in that way.

You would think analysts would stop using supply chain checks to predict iPhone sales, but they're very stubborn. I'm sure they're going to use the same methods in the next quarter a couple of weeks before Apple's earnings report to show that the iPhone is again losing market share in order to frighten the gutless Apple shareholders into dumping their shares. Analysts will use any method they can to spread doom and gloom for Apple. What's amazing is how these analysts can get away with this nonsense every financial quarter. Apple had a solid quarter. Nothing spectacular. It's to be expected that Apple isn't able to grow revenue in double digits. However, Apple certainly beat its own guidance and that isn't terrible. Wall Street's expectations of Apple always seem to be quite high despite a smartphone market glut. I just hope Apple updates its desktops and laptops to increase revenue next quarter. That shouldn't be too much to ask of a company sitting on a mountain of repatriated cash.

These analysts are so stupid. They think subscriber growth is so important for streaming services. If a company doesn't have a profitable financial model with a small subscriber base, it doesn't matter how many more subscribers they get. Spotify has never been profitable. They're carrying a free subscription tier that's like a boat anchor to their profitability. There's always this belief on Wall Street that as long as a company has huge market share percentage, it's a great investment. Just a couple of days ago there was some analyst claiming that Spotify was a gold mine and the share price was going to rocket to the stars. Get in now, he said. Typical Wall Street pumping. It's just disgusting how analysts are always trying to deceive investors. I like Spotify and I'm not hoping for it to fail. I just don't like the idea of analysts pumping up a company with a poor business model. It costs unwary investors too much of a loss.

Every damn quarter brings more doom and gloom for Apple. Won't Tim Cook ever figure some way out of this annoyance? Apple has so much cash to be able to do something about this nonsense. I'm not saying Apple has to join in a quarter to quarter race but do something at least to offset the constant chatter of iPhone sales losses. What's worse is that Wall Street is saying that $269B of overseas cash is already baked into the share price. How is that even possible, not knowing what Apple intends to do with it. Apple always seems to have such poor quarterly predictions while so many other companies get a free pass. This quarter's doom and gloom as been going on for a few weeks on an almost a daily basis.

I'm sure this crap doesn't harm Apple's value in any significant way, especially if shares are being bought back at a lower price, but it's just stupid to always be singling out Apple when there are plenty of other stocks that can be crapped on for various reasons.  I'm counting on Apple raising dividends and Apple will certainly be able to carry that out.

nunzy said:

These analysts just hate Apple.  They will spin and spin to try to hurt Apple.

Don't sweat it.  As long as Apple continues to buyback shares, negative news articles that drive down Apple's share price help Apple to reduce outstanding share count.  A lower share count will allow Apple to increase dividends and drive up the EPS, so there is some upside.  It's lousy if fake news can actually drive down Apple's share price, but there's nothing to be done about it.  In a way, it's Apple's fault for relying so heavily on the iPhone for revenue when Apple certainly has the financial means to strengthen its desktop/laptop offerings and even make some key acquisition like other tech companies are doing.  You don't see Amazon standing still and always relying on a single source of revenue.

Most of this drag on Apple has been created by supply chain rumors which continue to be an annoyance for Apple shareholders.  Not a solid shred of evidence needs to be presented and these analysts can get by with saying the info comes from anonymous sources.  There's always this constant pre-financial quarter chatter for Apple which a lot of stocks don't have to put up with.  I can only assume they're deliberately trying to drive down Apple's share price but that still can be a good thing for those who believe in Apple.  As they say, it creates a buying opportunity for loyal long-term Apple investors.