I gathered that, but how is Apples share rise exaggerated. As I said, rebounding was to be expected.
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AAPL Shares Hit New All-Time Closing High
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I gathered that, but how is Apples share rise exaggerated. As I said, rebounding was to be expected.
Rebounding right now wasn’t expected given the current circumstances, which makes it the perfect time to buy. Many are approaching all time highs, or have tripled from their lows (thanks CCL). Some Apple “investors” here are too focused on Apple and not the market as a whole.
What about the worldwide depression that looks like it is about to hit?
When many western countries are expecting GDP drops in excess of 10% and huge rises in unemployment, something has got to give and discressionary spending will be the first to go. All those subscriptions? They'll be the first to go. Next will be luxuries which is where for many Apple kit sits.
Apple has more revenue from outside the USA than from inside it. What happens when that falls off a cliff?
Well, I miss the headphone jack too but I don't think 90% does.
Even if performance kinda holds up, 6S has crossed the end of its lifetime in terms of camera and battery life, the two things 11/Pro actually improved.
As for Scrooge Mc Cook cutting back on quality, details, features and squeezing every possible dime to fatten those margins so he can buy back more of his own stock.. well, can't argue with that really, that's what Apple is nowadays.
I thought we were going to get lucky and not get yet another thread about it. Tim Hardwick only posts these to drive web traffic for recycled comments
Wait till the next iPhones release and the Chineses aren't buying them.
Haters gonna hate
Who remembers when the usual suspects were proclaiming $90/share was overvalued?
What's worse is some of the same people who can't grasp basic economics work in investment firms too.
What's worse is some of the same people who can't grasp basic economics work in investment firms too.
Wait till the next iPhones release and the Chineses aren't buying them.
For real this time? Been hearing that every single quarter since release. Still waiting.
Still has room to run. I bought most of mine in the 2000s and wished I would have bought more in the 90s when it was down to $13, before the 7 to 1 split.
Hertz was in trouble before the thing came along, they only needed a small nudge to push them over the edge.
Maybe they will put them in low power notebooks, aka what the MacBook was. But I don't see them ever putting these little mobile chips in anything that needs to get work done. People just love drool over synthetic geekbench results...
Not to mention the whole idea of the past 14 years of being able to virtualize windows easy, or run in bootcamp, for those who need software not available for Mac...
More people working at home over the next few years, more people consuming content at home because they can't go out. It's easy to see how technology companies can benefit from all that's going on right now.
Markets are forward looking. The idea is buy now and sell higher in the future. And if people thinks the future looks better than today the markets go up.
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And Hertz has had a post filing run up. I bought Bear Sterns after they declared bankruptcy and made a lot of money in a few days. People almost always overreact to a bankruptcy rumor or filling. Then when the process continues in an orderly fashion shares move up.
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yup. Along with the daily articles about how to rearrange your app icons and sketchy rumor from anonymous unreliable leakers.
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How many times have we heard this absurd argument from analysts and self-proclaimed financial experts.
Stocks don’t have any intrinsic value beyond the liquidation value of a company. That is the case in a recession or in times of strong economic growth, so it could be said that stocks never trade on “reality,” whatever that means.
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Admit that you have NO idea how to value a business, and that your conclusion is based only on the fact that the word “trillion” implies a big number.
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True. But I like to see growth driven by genuine increase of business and userbase, and not a pandemic which may be over (or not) in a few months. There are no new products (merely updates) and the userbase appears to increase really slowly in the last quarters. This increase in value does not appear to be sustainable, that's my point.
Seems like the strategy is working properly based on where the stock is going.
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Or, alternatively, not.
Apple did really well with the "shelter-in-place" because of home schooling and work-at-home sold a ton of iPads and MacBooks. There was next to no stock at any stores around me...
Except there has been no rebound, globally or within the US. Cases continue to rise in many population and economic centers across multiple continents, including India, Brazil, South Africa.
And anyone with respected epidemiology credentials is warning that the US reopened too soon and too recklessly, telegraphed by resurgence of new cases across a number of states.
Don’t get me wrong, I’m as happy with AAPL stock rebounding as any other shareholder, but it doesn’t make a lot of sense weighing the facts and gravity of the situation.
More like $3.30 Billion to $4.56 Billion based on the forbes forecast https://dashboards.trefis.com/no-lo...o-lose-if-apple-deploys-its-own-chips-for-mac
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There is a more worrying aspect for the rest of the Industry, learning from the past, Industry tends to follow suit with Apple. So if Apple drops Intel chips in favour of ARM it is entirely possible that the rest of the Industry will start hunting for a Desktop class ARM CPU supplier for PC's aswell. Which means Investing in Qualcomm is a good idea it might be the next Intel.
But this also means Bad news for both Intel and AMD investors, especially AMD which was on a recovery trajectory. Might soon need to start developing a Desktop Class CPU for the ARM architecture. This also means in the coming yrs maybe XBOX and PS6 or PS7 too would need a entirely different APU based on ARM, the future is quite interesting for consumers but not so much for the Dinosaurs of the Industry. I am kind of Happy that a terrible architecture like Intel's X86 that costs more to develop would finally be out of the way for a superior CPU Architecture like ARM.
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Who says Apple will use “little mobile chips” lol. The chips Apple uses will have appropriate power budgets and performance, not to worry 🙂
And Apple knows exactly how many of their customers are using other OSes. If it is a large enough segment to matter, Apple will accommodate it. But my guess is you’re talking well under 10%.
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