ddawson100
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Tom Hanks disappointed with Apple TV+ 'Greyhound' release
larryjw said:mtriviso said:Sigh. Just open the movie theaters. There's nothing like watching a movie in a massive IMAX 3D theater. If people are frightened they might get the rona, then just stay at home. Please, just let the rest of us who are unafraid enjoy what our acting troupes have to offer in the milieu to which we have become accustomed.
In reviewing census data for genealogy I would run across families asked how many children did you have? 14. How many still living? 4. My grandparents lost young siblings and cousins to disease. STDs were a big problem among girls and guys in uniform stateside during WWII -- my mother's job was to help treat them. So was TB -- sanitariums built across the nation to confine them. Nobody thought it was bravery to not care if you came down with these diseases. Certainly, there was sympathy sometimes, but getting sick and not pulling your weight was morally reprehensible.
Being brave by ignoring a disease. My father's WWII diary mentions some other GI's getting sick -- great way to stay behind for some R&R while others did the fighting for you. Malingering was a problem and pissed off others pulling their weight.
And I had the pleasure of contracting polio during the 50's epidemic. It was no fun.
So, coming down with Covid-19 when you are fortunate enough to be able to take precautions is really morally reprehensible -- not willing to pull your weight. -
Apple's stock has fully recovered after the coronavirus earnings warning
charlesn said:For those who actually read my ENTIRE post--which seems to be no one who has replied to it--I didn't say that Apple's stock wasn't worth current asking price. What I DID say is that it makes no sense for the share price to be approaching its all-time high set at end of January when current economic conditions are vastly different from what they were at that time. Specifically, the IMF has stated that the world economy, especially the world's largest economies, will see the worst downturn this year since the Great Depression. In four months the world's economy has moved from robust expansion to Great Depression-type downturn while Apple's share price, after a fairly brief dip, will essentially be unchanged. So, as I said, it was either wildly undervalued before or wildly overvalued now. I didn't offer an opinion on which it is, but that answer will definitely be revealed in the months ahead.
Your point that it makes no sense that ANY stock would be approaching its highs at the start of what's likely a multi-year pandemic scenario is a reasonable one. And that Apple might be able to do it in spite of all stores being shut down for a couple of months would have been counter-intuitive in March. Then again, school districts around the US are making HUGE orders of iPads; Apple shows their supply chain isn't disrupted by selling existing products and releasing (great) new ones; and the rumor mill is showing more amazing products. You can point to many reasons that 2020 is the time when Apple and the big tech firms and the ecosystems around them are seen to be more important than ever. Apple seems to be in control of their fortunes to the surprise of no one who has seen their record, of course.
Hindsight is always 2020 and the future is a fog. No one predicted this was coming and now we see Apple emerging from that fog like some hero or sports team. To some thunderous music and cheering.
It was reasonable that there was a plunge in all stocks, we can make some kind of a narrative for why it's been a V-shaped recovery for Apple, and also reasonable to suspect a W is on the way. You're saying there are macro reasons to be bewildered by all this. You and me and so many others. Then again I'm glad I didn't sell in March and kicking myself for not buying more. -
Most Australian Apple Stores to reopen this week [u]
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Apple closes all stores in Italy amid coronavirus quarantine
JWSC said:I wonder how many stores they closed during the SARS outbreak? -
UN urges US investigation into Bezos iPhone hacking