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AAPL Stock Sets New All-Time High Following Latest Apple Car Rumors
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Passenger: I'm hungry. Hey Siri, drive to "Falafel House."
Apple car: Driving to brothel house
Apple car: Driving to brothel house
Financial papers (Wall St Journal, Forbes, etc.) have been pumping Apples’s stock prices both up & down since Apple became public. It’s never Apple doing this. This is just, this weeks, more of the same. I’m sure these financial papers have also agreed on when they will be releasing the next negative Apple report. All so the owners of those papers become ever more wealthy at everyone else’s expense.
Apple is not Amazon. It's one of the best employers in the world. Even with a large number of retail employees, it is usually voted among the top companies to work for.
It's a weird thing to see so many 'normal' people celebrating the gains of international finance even while more and more is taken from us.
I haven't posted to these board in years, but this story pulled me out of lurker mode, just this once.
The assertion that investors pricing AAPL today are looking to a product that doesn't exist, is only rumored to possibly exist in the far distant future, and at very best, can't have any impact whatsoever on earnings for at least five years, is totally absurd. It's rare that investors look much beyond three months for anything that is even remotely predictable, and a car from Apple, just isn't. Not even close. If you must find a reason why AAPL was up today, try seeking out some of the near-term forecasts for their current product sales in the current quarter, which has always been the most important one for the company throughout its history. The answer will be there, I promise. It won't feature a car, I promise that too.
AAPL investor since 1997.
The assertion that investors pricing AAPL today are looking to a product that doesn't exist, is only rumored to possibly exist in the far distant future, and at very best, can't have any impact whatsoever on earnings for at least five years, is totally absurd. It's rare that investors look much beyond three months for anything that is even remotely predictable, and a car from Apple, just isn't. Not even close. If you must find a reason why AAPL was up today, try seeking out some of the near-term forecasts for their current product sales in the current quarter, which has always been the most important one for the company throughout its history. The answer will be there, I promise. It won't feature a car, I promise that too.
AAPL investor since 1997.
IF you own Apple stock you just sit back & enjoy the ride because you "can't save the world." At least it's not a tobacco stock!
By Mark Gurman, November 18, 2021, 12:26 PM EST,
Except the stock jumped when the news broke. Jump in the stocks app and see what happened around that time. That’s not rocket science. And it’s just a one day quick reaction. These moves are normal in stock market.
Granted it’s a foolish reaction. There’s no such thing as a fully autonomous car now and won’t be in 2025 or even later. This is the rumor that keeps on giving for apple though. What’s even more highly likely is apple will never release a car period.
Article quote:
“Investors are no doubt looking toward the potential impact of Apple's entry into the massive automobile market, but any launch is still a number of years away, with Apple's rumored target of 2025 reportedly seen as optimistic even by some within the company.”
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Who is the article referring to, when it says ‘reportedly seen as optimistic even by some within the company?’ Who is Some? It’s not exactly clear who they’re referring to.
“Investors are no doubt looking toward the potential impact of Apple's entry into the massive automobile market, but any launch is still a number of years away, with Apple's rumored target of 2025 reportedly seen as optimistic even by some within the company.”
***************************
Who is the article referring to, when it says ‘reportedly seen as optimistic even by some within the company?’ Who is Some? It’s not exactly clear who they’re referring to.
You are right about one thing, it isn't rocket science, it's news that actually matters
Apple: Strong iPhone 13 Demand Bodes Well for Holiday Season, Says Analyst
Next week, the annual Black Friday shopping extravaganza will take place. Heading into the event, Wedbush analyst Daniel Ives thinks Apple (AAPL) has a problem on its hands, albeit one which is a positive indicator. The analyst estimates that current demand is “outstripping” supply by ~15%, with...
finance.yahoo.com
Note that this news has nothing to do with a product that may or may not appear five years from now, but about strong demand in the current quarter for the products Apple actually sells now in the markets that most matter to Apple. The reaction to this forecast isn't foolish, it's predictable.
The trick, such as it is, is knowing which stories are actually important. The car rumors may be sexy, but in financial terms, they are totally irrelevant.
Apple doing buybacks no matter what the price is, burning cash in the process, that’s also pushing the price per share. Apple is financially engineering their stock
*Apple stock goes down*
"Apple developing sentient android with Emotion chip"
*Stock shoots back up*
"Apple developing sentient android with Emotion chip"
*Stock shoots back up*
I believe Microsoft is still the most valuable company; Apple is not far behind.Apple is definitely not doomedwait till the holidays are over.
Is Microsoft still the most valuable company today? In market value?
Tesla is steadily catching: maybe a future Tesla phone will bump them up to number 1 in the next 5-10 years. Imagine a phone that does not rely on AT&T, Sprint or any Cell Tower.
Microsoft and Apple have been very kind to me over the last 5 years, 3 more good years and I'm buying a place in Venice, Italy.
That may be true, but I also have to wonder about its suppliers. Doesn't Apple use Foxconn, and Foxconn needed to install suicide nets? Given Apple's resources, you'd think that they could demand better employee benefits for its suppliers. Reminds me of a saying I heard: "You can't become Bruce Wayne/Batman without becoming Lex Luthor first"
Just wait till someone invents a driverless car with blockchain, solar, vegan, carbon neutral, quantum, meta, vr....that company will be worth a 1000 gazillion billion trillion.
