Yes. Starting to look that way. IMO, Tim seemed annoyed at times during the call.
Although I'm fine with Apple's Q1. Great numbers for a very complex Q.
APPL will be $550 by 4:30p Thursday.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Stock Down 10% in After Hours Trading Amidst Concerns of Flat Growth
- Thread starter MacRumors
- Start date
- Sort by reaction score
Yes. Starting to look that way. IMO, Tim seemed annoyed at times during the call.
Although I'm fine with Apple's Q1. Great numbers for a very complex Q.
APPL will be $550 by 4:30p Thursday.
Same here
Be a long term investor. Stocks go up and down on a whim. As irrationally positive as the market was last year it is irrationally negative this year. It all works out in the end. Most companies, including Samsung and Google would gladly trade places with Apple right now.
Apple needs to think of ways to bring in new customers who are not Apple users. Android is selling like crazy, too. What will Apple need to do to bring an Android user over?
I don't see any innovations coming from Google with Android. Really, other than incremental changes, there is nothing new in Android phones and tablets.
Flat Growth???
iPhone sales still grew 39% yoy. iPad sales grew 49% yoy. Macs down 1.1m (obviously since they stopped selling iMacs as soon as they announced new iMacs, and even when the new iMacs became available, there wasn't enough to go around, and with no new Mac Pro, they probably sold very little desktops).
They beat their guidance and beat analyst estimates. Revenue was a slight miss (you can blame iMacs for this). Next quarter will be a monster quarter for macs. Mac mini will also show its true sales potential.
Also, the company is trading 3.5X cash and about 8X earnings. Fundamentals will kick in eventually. If anyone had the cash, they would take over this company just based on those numbers.
Now, about flat growth. Ask yourself this. Will iPhone 5 outsell iPhone 4S? Yes! Will iPhone 5S outsell iPhone 5? Yes, just because they will not have supply chain issues than. Will iPhone 6 outsell iPhone 5S? Yes because it will be a new design with new hardware features.
Will iPad sales keep going up? Guaranteed! iPad mini at $329 will maintain majority marketshare this year. Next year iPad Mini 2 will be $329, and last gen iPad mini will probably be sold for $249, breaking through yet another price barrier, giving android no chance to compete above $200.
Mac sales will never go down again. Mac Pro will be updated this year as promised. MBA with Retina will be a hit. And iMacs wont go on a 3 month hiatus on the next update since it will retain the same design. Oh, and Windows 8 is loved by everyone on Earth, NOT!
Ok, just based off of all the things I have listed, there is nothing to worry about as an investor, except your own patience, and what I have listed alone guarantees Apple huge growth for years to come!!!
BUT, how about NEEEWWW products. There are so many product categories Apple is yet the dominate.
iTV - This could be big. Hey even if it is not, it will still sell 10m+ every year just because of how well it will integrate with all of your other Apple devices.
iWatch - This could be huge. At the right price point, we can see millions of people wearing iWatches if Apple comes out with something cool.
Arm Based MBA - A $500 MBA based off of A7 or A8 processor bury Microsoft.
iGlasses - Wearable smart glasses will definitely be a huge hit in the future as we seen a preview of what it is from Google.
Also, APPL might have a stock split this year, to get into the Dow Jones. Than the law of large numbers wont apply to the share price anymore, and could easily boost to stock to trade 15-20X share like it should, considering that this company is still a GROWTH company.
I am writing all of this because I am fed up with the stock manipulation of Apple. If the price of the stock goes any lower, Apple should just go private and buy all of its shares. If Apple as a company was torn apart right now, their cash intellectual property, retail stores, and inventory would be worth more than its market cap. Apple investors, stop listening to the media who don't own the stock, and so called analyst who know nothing about Apple.
Apple maps fiasco? Hmm. If you don't like Apple maps, download one of many free or payed GPS applications out there, and if you cant do that good luck with Android!
Scratch gate? Since when is any electronic scratch proof?
Boring OS? Just row of iCons? Than how come Windows was so successful for decades, and now they are getting bashed for changing their UI now?
Thank you for reading.
iPhone sales still grew 39% yoy. iPad sales grew 49% yoy. Macs down 1.1m (obviously since they stopped selling iMacs as soon as they announced new iMacs, and even when the new iMacs became available, there wasn't enough to go around, and with no new Mac Pro, they probably sold very little desktops).
They beat their guidance and beat analyst estimates. Revenue was a slight miss (you can blame iMacs for this). Next quarter will be a monster quarter for macs. Mac mini will also show its true sales potential.
Also, the company is trading 3.5X cash and about 8X earnings. Fundamentals will kick in eventually. If anyone had the cash, they would take over this company just based on those numbers.
Now, about flat growth. Ask yourself this. Will iPhone 5 outsell iPhone 4S? Yes! Will iPhone 5S outsell iPhone 5? Yes, just because they will not have supply chain issues than. Will iPhone 6 outsell iPhone 5S? Yes because it will be a new design with new hardware features.
Will iPad sales keep going up? Guaranteed! iPad mini at $329 will maintain majority marketshare this year. Next year iPad Mini 2 will be $329, and last gen iPad mini will probably be sold for $249, breaking through yet another price barrier, giving android no chance to compete above $200.
Mac sales will never go down again. Mac Pro will be updated this year as promised. MBA with Retina will be a hit. And iMacs wont go on a 3 month hiatus on the next update since it will retain the same design. Oh, and Windows 8 is loved by everyone on Earth, NOT!
Ok, just based off of all the things I have listed, there is nothing to worry about as an investor, except your own patience, and what I have listed alone guarantees Apple huge growth for years to come!!!
BUT, how about NEEEWWW products. There are so many product categories Apple is yet the dominate.
iTV - This could be big. Hey even if it is not, it will still sell 10m+ every year just because of how well it will integrate with all of your other Apple devices.
iWatch - This could be huge. At the right price point, we can see millions of people wearing iWatches if Apple comes out with something cool.
Arm Based MBA - A $500 MBA based off of A7 or A8 processor bury Microsoft.
iGlasses - Wearable smart glasses will definitely be a huge hit in the future as we seen a preview of what it is from Google.
Also, APPL might have a stock split this year, to get into the Dow Jones. Than the law of large numbers wont apply to the share price anymore, and could easily boost to stock to trade 15-20X share like it should, considering that this company is still a GROWTH company.
I am writing all of this because I am fed up with the stock manipulation of Apple. If the price of the stock goes any lower, Apple should just go private and buy all of its shares. If Apple as a company was torn apart right now, their cash intellectual property, retail stores, and inventory would be worth more than its market cap. Apple investors, stop listening to the media who don't own the stock, and so called analyst who know nothing about Apple.
Apple maps fiasco? Hmm. If you don't like Apple maps, download one of many free or payed GPS applications out there, and if you cant do that good luck with Android!
Scratch gate? Since when is any electronic scratch proof?
Boring OS? Just row of iCons? Than how come Windows was so successful for decades, and now they are getting bashed for changing their UI now?
Thank you for reading.
Yes. Starting to look that way. IMO, Tim seemed annoyed at times during the call.
Although I'm fine with Apple's Q1. Great numbers for a very complex Q.
APPL will be $550 by 4:30p Thursday.
Hah. If it goes up $100 tomorrow I will gladly eat my left shoe. I wish that would be the case, but it is going to be some time, if not a long time, before Apple sees $500 a gain, much less $550.
The iPhone was introduced more than 5 YEARS after the iPod. In between we had incremental improvements. People are holding Tim Cook to an unrealistic standard.
not really. investing is nothing like the lotto. main thing to know is diversification, then that guy wouldn't have been so screwed. think of a stock as ownership in a business. as long as the business is reasonably profitable and financially stable as Apple is, there is value in ownership. of course, the guy who bought at a period of over-optimism (bad idea) will take longer to recover his original investment, it could take years. in the meantime, he'll receive a modest dividend. most people are better off buying a fund that tracks the market while reading the Intelligent Investor.
best thing for that guy to do is sell if there's a spike in price, don't wash sale, and wait for unimpressive earnings, bad news in a solid company, or for the market to go down b/c of something like debt concerns. then you'll get bargains.
Guys listen its very simple. Aapl is not coming back. You can forget about it. The stock went up. It was all the craze. It ballooned way too high. And it burst. That's it. It's gone. Buy something else.
Now apple, they'll be fine. I'm looking forward to iPhone 6, 7, 8, 1082810, etc.
I'm looking forward to the TV coming out
And I'll probably buy the next mini.
But the stock? Forget about it folks. Technicals are broken. Fundamentals are broken. This. Stock. Is. DEAD.
Now apple, they'll be fine. I'm looking forward to iPhone 6, 7, 8, 1082810, etc.
I'm looking forward to the TV coming out
And I'll probably buy the next mini.
But the stock? Forget about it folks. Technicals are broken. Fundamentals are broken. This. Stock. Is. DEAD.
If we didn't have "analysts" (and I'm putting the term in quotations, as their analysis seems nothing more than conjecture and/or manipulation) putting up these inflated predictions, would the stock keep dropping with these types of numbers?
I disagree. It won't grow at the same rate as it did between 2008-2011, but I think it is in a different position from say, Microsoft, in 1999. The DOJ isn't investigating Apple to a significant degree, as it was with Microsoft in 1999. China is still a huge growth market. Microsoft wasn't trading at 9 times earnngs in 1999. Microsoft didn't have $137 billion of cash in the bank.
Don't expect to see $1000 or even $700 in a year, but don't expect to see $250 either.
Budget phone, not a joke. All things considered, that's the market they are missing. And by budget phone, I don't mean reselling last year's iPhone. There was a Forbes article about capturing a larger piece of the China market if they had a budget phone b/c of avg household income. Besides that, people love cheap and free new things.
But I hope Apple doesn't do it. It'd be uncharacteristic of them and Apple would lose some of its luster on the higher end.
The other is expansion, despite iPhone and iPad being available in so many countries, its still vastly limited when compared to Android phones.
You said "if that's your target buy point, I can see why you like it when Apple does stuff wrong."
That's a judgement call. For example - maybe I'm in at $100 a share now. Naturally I want the stock to keep climbing. I don't want to see Apple do "stuff wrong" However - maybe I plan on capitalizing when/if the stock does go below a certain threshold. Just to pick up additional shares. That doesn't MEAN I like when Apple does stuff wrong. Again - that's your value judgement on me. Might I prefer that Apple does really really well and my original shares are just worth a lot more money? See my point?
I have confidence that as each day goes by, Tim Cook will become a better leader. Jony Ivy is in helm of the software department so im very excited what he will bring
If you are holding right now, then you think it will go up, but if you're waiting for it to go down to $350 before you buy, then you think it will go down, otherwise you would buy right now. But if you think it will go down to $350, you should sell the ones you bought at $100/share. So there's conflicting logic.
Yes, except you're leaving out the iTunes store. That came in between the two, and it was as disruptive as the iPod itself (arguably, it was what made the iPod so revolutionary).
Cook is being held to the standard of Jobs himself. You are correct; that is an unrealistic standard.
Nice to read something with a bit more positive spin on it, for a change; although always interesting to read other people's take on what's current and newsworthy, sometimes these forums can get a bit too bleak and negative in their tone.
After hours AAPL stock is down 50 dollars. Not good. Apple is making a good margin in profit but not growing and thats the problem. They are stagnant and everyone has a IOS device and its starting to hurt the company.