AAPL Opens at $144, Sliding Nearly 10% After Major Revenue Cut and Down 35% Since Early November

[Baymowe335]

Starting 2020 strong too.

$300
[automerge]1577998072[/automerge]

I think Steve's inertia is starting to wear off. Tim would have been good until they found someone with vision to take over. Tim is a visionless, platitude machine.

Yeah, he's only added $1,000,000,000,000 (Trillion) in value since Steve passed.

Tim Cook might be in the conversation of best CEO of all time. No one else has added $1T in value, so there's that.

 

[MacDann]

Yeah, I saw it inching up today but wasn't expecting it to pass $300. Nice way to start off the new year.

 

[Solomani]

With a stock like Apple you've got to be in for the long game. It's not a stock for day traders. You also have to ignore the daily fluctuations of the markets or you'll have an ulcer or die early from stress. As long as it continues to go up day after day, even in small increments, you're ahead of the game.

Agreed. AAPL is also easily one of the most strategically "shorted" stock in Wall Street, next to TESLA (Tesla being the other tech company where the passionate Haters number in the countless legions).

I mean.... one would have to be illiterate and ignorant to not notice the countless TimCook-haters present in these MacRumors Forums. But Cook is actually well off compared to the endless number of people that passionately hate Elon Musk, so much so that Elon (at some interview last year) commented the numerous death threats against him.

Then again, Elon has said (or tweeted) and will continue to say (or tweet), incredibly stupid, arrogant and offensive things coming from his mouth. So that does give some perspective as to why so many people hate him so much and want Tesla to fail. LOL

 

[Ntombi]

Agreed. AAPL is also easily one of the most strategically "shorted" stock in Wall Street, next to TESLA (Tesla being the other tech company where the passionate Haters number in the countless legions).

I mean.... one would have to be illiterate and ignorant to not notice the countless TimCook-haters present in these MacRumors Forums. But Cook is actually well off compared to the endless number of people that passionately hate Elon Musk, so much so that Elon (at some interview last year) commented the numerous death threats against him.

Then again, Elon has said (or tweeted) and will continue to say (or tweet), incredibly stupid, arrogant and offensive things coming from his mouth. So that does give some perspective as to why so many people hate him so much and want Tesla to fail. LOL

I cannot stand Elon Musk. I don’t hate him, but I find him odious.

I love Teslas, and would buy one if I could. I am also a big fan of their solar tiles and roofs, and am optimistic about the direction of the company as a whole.

 

[ftaok]

Starting 2020 strong too.

$300
[automerge]1577998072[/automerge]

Yeah, he's only added $1,000,000,000,000 (Trillion) in value since Steve passed.

Tim Cook might be in the conversation of best CEO of all time. No one else has added $1T in value, so there's that.

Satya is pretty close. MSFT has added about $900B in market cap during his tenure.

 

[Baymowe335]

Satya is pretty close. MSFT has added about $900B in market cap during his tenure.

I didn’t say he wasn’t close and was aware of the $900B figure. He’s not $1T...yet. That’s Cook and Cook only.

Satya is a top 5 CEO.

 

[ftaok]

I didn’t say he wasn’t close and was aware of the $900B figure. He’s not $1T...yet. That’s Cook and Cook only.

Satya is a top 5 CEO.

I knew you knew.

I was only adding flavor to the discussion. Satya has been very good (even great) for MSFT. Their recent run-up has been from his change of direction leadership at MSFT.

This thread has been about more than just AAPL. There have been lots of talk about other stocks too. MSFT would have been a good stock to put money down on early-2019 (about 60% increase).

Personally, my timing was off. I put some money down late 2018 and decided to go with AMZN. It's only up 20% or so. I was thinking MSFT at the time, but decided to go with AMZN as I thought they would have a BOFFO Q4-2019. Oh well, can't be too sad when you make a decent gain. Still have lots of AAPL that I was holding onto.

 

[Baymowe335]

I knew you knew.

I was only adding flavor to the discussion. Satya has been very good (even great) for MSFT. Their recent run-up has been from his change of direction leadership at MSFT.

This thread has been about more than just AAPL. There have been lots of talk about other stocks too. MSFT would have been a good stock to put money down on early-2019 (about 60% increase).

Personally, my timing was off. I put some money down late 2018 and decided to go with AMZN. It's only up 20% or so. I was thinking MSFT at the time, but decided to go with AMZN as I thought they would have a BOFFO Q4-2019. Oh well, can't be too sad when you make a decent gain. Still have lots of AAPL that I was holding onto.

AMZN is likely overvalued, despite being an incredibly great company. In the end, they are a low margin retailer with a highly competitive cloud business. Prime is a great membership services stream, but same day shipping ain’t cheap to execute.

MSFT is a great company and has finally been a great stock after floundering for 20 years. I think it’s fully valued here.

Picking stocks is really hard, if not impossible. Apple was a good bet in my analysis due to their cash flow, buyback and complete misunderstood services business. The market finally is starting to get it now.

 

[MacDann]

Tim has done a great job keeping the team together and focused for the most part. While there have been a few clunkers, like the Burberry gal who hosed up retail, in general the teams are intact and continuing to innovate, something few competitors are doing at the rate that Apple has/does.

Steve was a product guy, and I think he might have had difficulties moving towards the service aspect of the business. Tim's been a steady hand at the helm, and while he's not Steve and I don't believe anyone had any aspirations that he would be, he's done an excellent job compared to his peers in the tech industry.

 

[hinesmj]

Yep but diversifying is the much safer bet.

Absolutely - Even the best of the best stock pickers can't beat the market long term. Unless you're Warren Buffett, you will NEVER beat the market long term. You might get lucky on some picks, but you're losing the long game. Buy index funds with low management fees and ride the wave my friends.

 

[Solomani]

Tim has done a great job keeping the team together and focused for the most part. While there have been a few clunkers, like the Burberry gal who hosed up retail, in general the teams are intact and continuing to innovate, something few competitors are doing at the rate that Apple has/does.

Steve was a product guy, and I think he might have had difficulties moving towards the service aspect of the business. Tim's been a steady hand at the helm, and while he's not Steve and I don't believe anyone had any aspirations that he would be, he's done an excellent job compared to his peers in the tech industry.

Tim is a great operations guy, that's for sure and it's hard to refute that when most investors are convinced (since they keep on investing and buying shares making AAPL the wealthiest corporation by market value).

I do wish that Tim would delve back just a bit into the Jobsian realm of Quality Control. He's not a great tech guy, but he should still demand that things don't ship (like the bug-infested Catalina which replaced iTunes with a horrible Music app) until they are solid. Steve would have punched in the face whomever it was responsible for releasing MacOS Catalina in its current form.

Those who have read my posts here for years know that I've been (most of the time) an Apple Cheerleader and defender of the brand. After I installed Catalina.... it nudged me to the side of the critics and complainers. It's that bad.

 

[RyanFlynn]

I purchased $200 calls back then sold them about a month later. I really wish I had hung onto those contracts

 

[RyanFlynn]

Looks like a virus scare is having less of an effect on apples stock today.