Exactly. If Apple ‘is killing it’ and if not reporting unit sold isn’t a negative signal for investors, why are people selling out?
As i’ve said. The valuation of most companies is largely based on future outlook.
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Apple Blames Currency Fluctuations and Uncertainty in Emerging Countries for Weak Holiday Sales Estimates
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Exactly. If Apple ‘is killing it’ and if not reporting unit sold isn’t a negative signal for investors, why are people selling out?
As i’ve said. The valuation of most companies is largely based on future outlook.
Short term stock price fluctuations are meaningless. Stocks are manipulated in the short term. Same thing happened after AMZN and GOOGL reported. Apple is still up 25% for the year in a flat market.
I am looking at earnings, not unit sales. Earnings were up 40% and revenue 20%
Wake me up if Buffett sells his 251M shares.
I am one hell of an Apple fanboy and I know their products have always had a premium price over competitors but even I have had to finally hop off the bandwagon.
That's not to say I am leaving Apple or anything; Apple still has the best products and I will continue using them and remaining in the Apple ecosystem, but because the prices are so expensive now, I'll have to upgrade much less frequently from now on instead of every year or 2 like I used to.
It used to be that although their products had a premium, it was worth it since it was still within the realm of what is affordable, especially for what you were getting/ However, now they've priced everything to where the premium is no longer "premium" but is instead like "luxury" pricing which is a big difference. The issue is further compounded by the fact that not only does this "luxury" pricing keep the product out of the hands of most people, but it is also not a good value (especially for their computers) when you consider the tech specs you are getting for that price.
I feel that a lot of others will be doing the same thing from now on, so in the future you can likely expect Apple to not only sell less shipments, but to also make less revenue as well since they won't be selling enough at their exorbitant prices to make up for the fewer shipments. I'm afraid that the artificial "bubble" Apple created by pricing them higher to make up for shipments has finally burst.
That's not to say I am leaving Apple or anything; Apple still has the best products and I will continue using them and remaining in the Apple ecosystem, but because the prices are so expensive now, I'll have to upgrade much less frequently from now on instead of every year or 2 like I used to.
It used to be that although their products had a premium, it was worth it since it was still within the realm of what is affordable, especially for what you were getting/ However, now they've priced everything to where the premium is no longer "premium" but is instead like "luxury" pricing which is a big difference. The issue is further compounded by the fact that not only does this "luxury" pricing keep the product out of the hands of most people, but it is also not a good value (especially for their computers) when you consider the tech specs you are getting for that price.
I feel that a lot of others will be doing the same thing from now on, so in the future you can likely expect Apple to not only sell less shipments, but to also make less revenue as well since they won't be selling enough at their exorbitant prices to make up for the fewer shipments. I'm afraid that the artificial "bubble" Apple created by pricing them higher to make up for shipments has finally burst.
You are free to look at whatever you want. Unfortunately a lot of analyst/investor out there (including Buffett) look at more than just earnings.
It hasn't been long since Tim Cook, Angela Ahredts and Bruce Sewell sold their Apple stock. I will wake you up when they sell more.
Since you think that Apple's current strategy is (in your words) 'killing it' and that 'no one should be concerned'. I will also wake you up when Apple revise it's own 2019 Q1 guidance of 1% to 5% year-over-year revenue growth when 2018 Q4 it achieved 20%.
At the very start of this I've made a very simple comment, and it is that everything must be 'relative'. And I stand by this comment. If you think that reporting unit sale is just nonsense, then that's absolutely fine. But this doesn't mean that other investors/analyst do not use this information.
Have a good day.
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Its not like the price of all our products increased significantly. It's not like any decent spec of any of our products is well over $1000 in the u.s. and way more in other countries. It's not like the $1000 iPhone xs cost almost 40% more in Australia that is the currency exchange rate.
Wanna bet Buffett is buying more? He’s publicly said he wants it to go down so when Apple buys back shares, they can buy more.
You aren’t breaking news. I know every transaction because I follow the company closely as an investor. Ever heard of 10b5-1? Executives sell stock for many reasons, all the time on a schedule. Any stock Cook has sold has been scheduled and he still owns almost 1M shares and another 3M in restricted shares. He’s not trying to get out. You made it sound like he’s sold it all.
Apple just bought $20B in stock between July and September.
No one knows what Buffett looked at when he bought Apple. He has stated publicly that Apple is a consumer products company, meaning not reporting unit sales makes sense. He’s also noted that Apple is over 2X more profitable than the second most profitable company in the world, meaning he’s impressed with the earnings.
Buffett owns 251M shares and likely bought more last quarter and on this dip. He’s not selling anytime soon and certainly not after the incredible results just reported.
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Why do you think we're all here? We obviously all appreciate the premium goods that Apple bring to market and most of us are happy paying for it.
Thing is, you used to pay a premium of €100-200 over the best Android-phones. Now you're paying 2x the price and some would argue that the competition have caught up, if not overtaken Apple, feature wise (I wouldn't necessarily agree).
I get what you're saying, but I also wouldn't consider the P20 Pro the "Honda Accord" of smartphones. It's getting fantastic reviews and actually has the best camera system of all smartphones, as rated by Dxomark. Would I buy an S9 or P20 Pro? No, but plenty of other people will, however, which is why I'm saying that it's becoming increasingly difficult for most people to justify the price of Apple-products.
Personally, I'm too invested in the Apple ecosystem to use anything else, but I see why many of my friends have given Apple the middle finger as of late.
The competition has definitely caught up a lot over the years not only with smartphones but also with Macs/PC's. Several years ago staying with Apple products was easy because you got a lot of value despite the higher price, for many people that's no longer the case. Apple's pricing lately is getting excessive given how much better Android is now. I've just bought an XR so I'll be in the Apple ecosystem for a couple of years yet but if the price increases continue as they are now I likely be looking at other manufacturers for my next phone. Same goes with Macs, I currently have a 2014 MBPr but if the prices increase much more my next laptop will run Windows.
"Though iPhone revenue was up in 4Q 2018, fourth quarter iPhone XS and XS Max sales were not as strong as expected, and iPhone sales growth was essentially flat."
What about people just not buying them? People would probably buy them regardless. Remember "take my money"?
What about people just not buying them? People would probably buy them regardless. Remember "take my money"?
Weird. Just odd arbitrary looking numbers. The US dollar has been averaging CA$1.30 +/- 2 cents since the XS was announced.
According to Google, CA$799 = US$1046 and CA$999 = US$1308, so the only product Apple is truly gouging Canadians for today is on the iPhone XS.
Seems my 10.5" iPad Pro 256GB with cellular went down in price by $50, anyone know how much it went down by in the US?
I´m sticking to my 2017 MacBook Pro, but jumped ship with their phones when the Samsung S8 came out and never looked back since, despite having been an iPhone owner since the very first one they launched, which was quite lacking even then, with no video nor MMS support.
The 1600 bucks CAD phablet might get stuck in the pocket due to the camera bump.