vvswarup

ac1234 said:

vvswarup said:

Wall Street believes that making money and investing in the future are mutually exclusive. To please Wall Street to the degree you want, Apple will have to throw the baby out with the bathwater and abandon the very principles that have brought Apple to its current position. I don't think it's worth it.

Nonsense - Apple has to articulate and demonstrate an exciting trajectory beyond the iPhone.  So far the market is not impressed with what they have seen vis a vis HOMEKIT / Beats / Apple TV / streaming content negotiation failure / etc.

sog35 said:

jkichline said:

Wrong. When Tim Cook took the reigns of Apple on August 24, 2011, the stock price was $370 or so. Tim Cook has been at the helm when stock soared to over $700 per share, guided Apple through a 7 to 1 stock split and massive buyback program. The stock is currently "low" at $105 per share. If you adjust for the split, you're looking at $735 per share equivalent. So doubling the stock price is some how an "absolute piece of shit" during an economic downturn?

When the stock soared from $370 in Aug2011 to $700 in Sept2012 that was momentum from the Jobs era. 
There is no way Cook did anything that significantly changed the stock price in 12 months.

The last 3 years have been all Cook, starting with the release of the iPhone5.
Since then the stock has been up about 2% each year. What an utter failure. Especially considering that profits and revenue are up 60%.

Again Cook is great at operations.  But he is HORRIBLE at PR and pleasing shareholders and investors. He allows all the FUD to fester and that leads to panic selling. He either needs to hire someone who knows how to handle Wall Street/investor fears or resign. 2% stock growth during the companies most lucritive era is unacceptable. Now imagine if profits only grew 10%?  Where would the stock be then? 

sog35 said:

Apple is down another $6 billion today.  Over $16 billion the last two days.  Thats a WHOLE YEAR of Dividends.

Yet Cook does absolutely NOTHING. He sits on his ASS and does NOTHING.

The stock is down over $200 BILLION because of totally baseless LIES and SPECULATION.  Yet Cooks does nothing.  He sits there on his ASS and worries about gay rights instead of the $200 BILLION that shareholders and employees have lost.  He spent $120 BILLION on buyback and half of that is now in the RED.  IN a few weeks the entire buyback will be in the RED and will be a total waste of money.

Stock is down $16 billion because of a fucking $300 million tax bill.  How the FUCK does that makes sense. Where the FUCK is Tim Cook to stop the bleeding? 

sog35 said:

stockguy591 said:

One of my concerns with Apple is like all technology: soon you will reach a point when for the price people around the world will say their phone is fast enough with sufficient features that upgrades will mean less and less. Might be interesting to see the age of who owns iPhones and how frequently they upgrade. Eventually you reach a point of good enough. 

People have been saying this for decades.

From PC, laptop, tablet, smartphone.

The computing device will NEVER be good enough. There will always be advancements that will move a large chunk of the market to upgrade.  Specific form factors of computing devices do get commoditized, but not computing devices in general.  And that's why it was so important for Apple to get into the wearables game.

The real vision of Apple should not be to keep growing unit sales per year. The real vision is to grow the user base and then keep increasing services revenue.  Every year Apple should add more services to the ecosystem to grow revenue.  Chasing higher and higher unit sales is a fools game. The real goal for Apple is too have 1 billion users by 2017, and 1.5 billion users by 2020.

Then each year they would just need to add services to the ecosystem. Either by internal development or acquisition.  These are the services I'd like too see Apple add to the ecosystem by 2020:

1. Netflix - buy them 
2. Bank / Creditcard - buy a bank if necessary
3. Security Monitoring
4. Expand Cloud services
5. Search and online ads
6. Cars
7. Auto insurance
8. Medical equipment
9. Real Estate transaction services
10. Live TV content
11. Video sharing - buy Vimeo

With 2 billion users the company will get growth simply from services revenue. At that point hardware sales is just the icing on the cake.  This is the VISION that Tim Cook should be preaching to Wall Street.

sog35 said:

singularity said:

Maybe Apple should go private /s
Tim Cooks passion for civil rights is a shining example to all CEO's and frankly Jobs chose correctly on who to succeed him. IMHO he's been fantastic for Apple.

I have ZERO problem with Cook's passion for civil rights.

I do have a problem that Cook takes time to push civil rights but does NOTHING to counter the flatout lies that the media spews about the company.

I do have a problem that Cook takes time to push civil rights but does NOTHING to change the message that Apple is more than just the iPhone Company.

IMO, Tim Cook is the worst CEO on Wall Street when you take into consideration all the advantages Apple has as a company.  The last 3 years they have been growing revenue by 30% and EPS by 40%. They have the most powerful and respected brand in the world. They have the most important product in the history of man (iPhone).  Cook has $250 billion at his disposal. Yet even with all of this Cook has not been able to stabilize the stock price. The stock is up a pitiful 2% the last 3 years while breaking every profit metric know to man.  The sole reason is because Tim Cook has been an utter FAILURE at controlling the message of the company.  Wall Street looks at Apple as a pure hardware company that is selling hardware that is near peak saturation. That is a FUCKING FAILURE of Tim Cook. 

Instead of using his time championing Civil rights Cook needs to get his ass in gear and start changing the message on the street that Apple is much more than just iPhone Inc.  He needs to show that the install base for Mac users, iPhone users, iPad users, Watch users, AppleTV users are all growing.  He needs to show that the econsystem is stronger than ever and that users are paying more for services on the ecosystem.  He needs to show that the install base will grow in the next year, 5 years, and 10 years.  And that they will continue to add services that will grow exponentially as the install base grows.  But Cook has not done this. He has allowed Wall Street to focus soley on quarterly iPhone units.  Cook needs to be fired immediatly and replaced by a CEO who understands how to articulate the vision of the company and not be stuck on unit sales or other short-term metrics that Wall Street can manipulate.

Tim Cook is like that clown used car salesman who says hes successful because he sold more cars this year than last year.
Any jackass on the street can say that.  We need a CEO who can see the company VISION a decade from now and preach the message that Apple is on tract to reach that vision even if their are small bumps in the road.  Look at what the Tesla CEO preaches.  We need someone like that.  We don't need a damn bean counter like Cook who gives us information that a spreadsheet can.

Its a FUCKING JOKE that lesser companies like Google, Amazon, Facebook, and Netflix are killing it this year and are all near all time highs and have valuations that put Apple to shame. And the only reason is because they have CEO's that are controlling the message on the street while the Apple CEO is NOTHING and sits on his ASS all day.  Its also a joke that if Apple shows a slight dip in iPhone sales next quarter the stock will drop to $90 and lose over $200 billion in value, just because the CEO has allowed Wall Street to be Apple's PR department.