Even google is a better investment as there source of revenue is pretty much guaranteed.
AOL..Yahoo...Myspace
Even google is a better investment as there source of revenue is pretty much guaranteed.
Where is this world? Other than a few people here, I never here anyone else wish to talk to their TV (a few will cuss at it but I think that's different).
And then, by extension, if we are imagining that Apple is going to be able revolutionize all programming so that only "good programming" will be viewable, I think we are dreaming a dream way too big.
What Apple can do is deliver a beautiful piece of TV hardware with a quality UI. They can build in TV niceties too. Beyond that, the rest of the grand dream is hooked to a bunch of other players deciding to take huge financial hits to help Apple make more money and (somehow) us consumers pay much less than we do now... all the while with Apple's replacement flowing through the very same broadband pipes entirely controlled from the companies that would be taking the financial hit if Apple's "answer" was allowed to take over.
I hear it will come with Unicorns & fairies too.
AOL..Yahoo...Myspace
AOL..Yahoo...Myspace
Banked 7grand on my 410 puts. Good week.
What I meant was that you're playing the see-saw game, talking about getting back on. the problem is that in current market conditions, there's a lot more downward pressure on Apple because their competitive moat is eroding. Their primary guide in innovation gone, it's going to be much harder for them to even maintain in a tech market that's maturing.
That's the nature of the industry and I would probably instead focus those resources on the next thing before others catch on to it. All eyes are already on Apple, so the propensity for it to be overpriced (even now) is much higher than its likelihood of being underpriced at any point in its earnings slope.
On the one hand I think it's good you have a focus on hardware manufacturers as valuation is always easier when you have countable widgets in current assets. But on the other hand it looks like you're very tech and finance centric.
One of my biggest gainers of last year was a farm machinery manufacturer. I acquired it considerably underpriced after having researched its management, its operating cash flows and its competitive moat. All of which took maybe inside of fifteen minutes.
There's a different school of thought there that high reward can actually come at lowest degrees of risk when you know where to look.... it basically amounts to the idea of acquiring a dollar worth of assets for sixty cents. Every time you bank on the hope that the dollar worth asset you paid fifteen dollars for will go even higher, you're taking on more risk for less reward.
Just something to chew on....
I've never said anything about whether people should buy or sell the stock. But I do think its panic selling right now. I mean what happened with the company since September that would warrant a 40% sell off? When prior to September Wall Street was running it up to $700 with $900 and $1000 price targets?
Of those three - only one would be remotely equivalent - Yahoo. And Yahoo became the Yahoo of today because of Google.
Until someone comes along with a better search/ad model than Google - I'd say Google's revenue stream is well protected.
This is what happens when the average everyday joe thinks AAPL can do no wrong. Nothing grows forever, people buying shares in the mid 600's and higher are all holding a big loser right now.
People need to learn how wall street works, when everyone is buying you should be selling, when no one says it can go down is time to get out. People got greedy. Stocks take the staircase up and elevator down.
Exactly, the apple tv is not going to be huge like people keep saying. That market is already saturated and people aren't going to pay extra for the apple logo on something like that. There are already competing smart tv's already. Not to mention most people have a gaming console which all have netflix streaming and the like already. If you don't have that you can buy a 50 dollar roku streamer anyway. TV's are a low margin business. Apple will not be able to charge the rates they would want margin wise without alienating all the customers. Its just not going to be a huge hit.
Sure you did, Gecko.
well actually their biggest competition is Facebook. With ad revenues going down and Google not figuring out mobile yet, I think Google still has headwinds ahead
Agree. Last week it was me and 520 puts.Banked 7grand on my 410 puts. Good week.
This is what happens when you go mainstream and dont stick to the original philosophy.
It needs to be said again
Apple Stock is not the same as Apple the Company.
Maybe time to start buying Apple again?
I say the sell will stop at $420. I sure hope cook has something up his sleeve I can't afford any more losses.
Before Apple went mainstream the stock was about $7 and Dell was encouraging "them to shut it all down and give the proceeds to the shareholders".
$7 to $440 is a dream I'd love to have again and again. $7 to $700 was insanity for the naive rationale of the same dream.
There's nothing wrong with mainstream. The issue- IMO- is that the pace of next big thing innovation needed to keep up with expectations of record growth failed. We needed a bona-fide next big thing- not a Mac and not an iDevice or variation thereof- and we didn't get it. As such, the established product mix was not strong enough to keep the slope of growth as steep as it has been... especially projecting forwards from here.
2001: iPod
2007: iPhone (6 years later)
2010: iPad (3 years)
2012: needed next big thing (2 years)
2013-14: needed next, next big thing (1 year)
Else, refine and refine old, next big things and switch from being a growth company to an income (dividend) company. That switch is always required. A company can't rapidly grow every year forever... even Apple.
----------
Exactly. And those people selling AAPL are not switching to Samsung either.
Nor, does a falling share price = "AAPL is doomed". Apple doesn't even need to sell stock anymore to fund it's business (we fund it by buying Apple stuff hand over fist).
Nor, does it mean Apple products are bad. They just set records for sales of their products. A whole world is buying Apple products at a rapid clip. In some cases Apple can't make enough of them.
It simply means that investors holding AAPL are choosing to not hold it. Maybe they are shifting investments to other companies or maybe they are going to cash. Maybe they are cashing out in anticipation of needing the money to buy the new Apple Television? At some point, the very same investors could all decide that AAPL has hit some kind of bottom and is about to roar again and all flood right back in, which would drive the share price right back up again.
Buyers buying faster than sellers selling generally moves a stock's price up and vice versa. Right now people want to sell more than buyers want to buy. It can't stay that way forever but it can stay that way for quite a bit further from here. Or not.
Is it a good time to buy?
The problem with the "general public" and many on this forum (and I admit I am generalizing) is that they see a stock, they read the hype and the stock goes up up up and they say that rise is just going to keep going. And/or they see that AAPL was once at 700+ and assume that's a new baseline when in actuality - it was a high. There's nothing wrong with that. AAPL being at $400 is still a great stock - and it's P/E is strong. It might not make daytraders or even short/long term (new) buyers rich - but it's a solid stock.
That's right... right up to that last sentence. Actually the day traders love quick stock movements... up or down is irrelevant (as long as they can guess which way). It's the big, quick movements that put the "day" in day trading.
$7 to $700 is for the "buy & hold" crowd. Gains were being made at a fairly fast clip but only days like yesterday were particularly big moves, which are ideal for the day traders.
Lots of day traders that know how to play it both ways are very happy with the last few days action. It's the buy & hold crowd that sweats the bear... because they let paralysis... or misplaced brand loyalty... or hope make them keep hanging on as a stock falls and falls and falls. It's been falling for what- 4 or 5 months now. That's called a trend... a bear trend.
Is it a good time to buy?
Honestly these huge drops every day are just making Wall Street look stupid right now. I mean what really constitutes all this panic selling?