With those losses, AMD is a target for takeover, hence people buy the stock, hence the price increases...
not even close.
With those losses, AMD is a target for takeover, hence people buy the stock, hence the price increases...
First quarter they didn't break down desktop vs laptop sales in as long as I can remember.
You need to learn to read the news. Nobody expected a loss for Apple in Q4. Most expected poor quarter and this is exactly what happened. AAPL is $490 (-$24) right now in after hours. The profits were essentially flat compared to year ago reflecting shrinking profit margins. Expect APPL to continue going down from here.
The "miss" came from the inability of Apple to ship the newest iMacs. The CPU sales of taking orders
It is really, really stupid for them to launch products in December, especially when they cannot crank out 1 million units. Mid-October should be the latest they have new products, and they should not take orders until they can ship the first 500,000 units of anything in 24 hours. It is a logistical failing, not a technological one.
The silver lining is that if you decide to buy a Mac and they are not available... you wait. In the PC world if you want to buy one and it is not available, you just go buy another brand with no love loss. So sales were delayed, they were not lost.
I ordered a 27" Fusion iMac on December 4th. I just had it delivered today. That sort of delay is inexcusable.
As for the valuations, I am stumped. A P/E of sub-11 makes no sense at all, and $130+ billion in the bank means the cash value of a share is about $128, or about 26% of the stock price. A solid dividend and record sales and ALL the negative iPhone and iPad predictions of the last month were disproved with this report.
I think there needs to be more personality presented by Apple, but only after they can give the logistical fulfillment of their newest products. That was the most disappointing thing.
The valuation plummet actually doesn't make any fiscal or analytical sense.
I'm with you there. My girlfriend urged me to sell at $700 and, well, here we are.
First quarter they didn't break down desktop vs laptop sales in as long as I can remember.
Wow; I'm frankly surprised at the news. Considering all the misinformation leading up to the Q1 results I was expecting for Apple to report a slight loss.
Keep up the great work Apple!
Wait for it to bottom and buy some more so you'll average down. It's absolutely ridiculous that the stock is getting hit the way it is when Apple reports a record quarter even if margins are a bit down because Apple's margins are still so large, it's almost absurd.
And even though Mac sales were down, they were more than made up for by iPad sales. The market should be rewarding Apple for developing the iPad so they cannibalize themselves instead of someone else cannibalizing them. It makes perfect sense for many people to use a Pad instead of a computer if they don't do intensive work on it.
$54.5 billion in revenue, $13.1 billion in profit, no debt, supposedly around $160 billion in cash by mid-year and now paying a dividend and the stock goes down 6% (so far)? Unbelievable.
PC sales are dropping across the board. Apple is prepared with the iOS products, Microsoft on the other hand is playing catch-up.
I wouldn't touch the stock market with a ten foot pole. Or at this rate, a Galaxy Note 4. When wild rumors and analyst speculation command share prices like this, you might as well go play poker.
It's not us that expect 100 million iPhone sales but these idiot analysts with their bloated expectations.
I'm one who realizes that Apple is still profitable whether they sell 47 or 45 or 60 million iPhones.
Wow; I'm frankly surprised at the news. Considering all the misinformation leading up to the Q1 results I was expecting for Apple to report a slight loss.
As for the valuations, I am stumped. A P/E of sub-11 makes no sense at all, and $130+ billion in the bank means the cash value of a share is about $128, or about 26% of the stock price. A solid dividend and record sales and ALL the negative iPhone and iPad predictions of the last month were disproved with this report.
.....
The valuation plummet actually doesn't make any fiscal or analytical sense.
It's their best quarter ever. Apple hit their guidance. These "experts" over-predicted - which says more about them as experts than Apple, and says a lot about how much manipulation goes on in the market.
It's amazing how people manage to turn their best quarter ever into a negative.
Agreed. iCloud is where it was 1.5 years ago. It still sucks when it comes to file syncing. It's hard to use for both users and developers. Every iPad is basically worthless without Dropbox... That tells us a lot.