Other than the couple highest and the lowest of these estimates, they are all so close it's really without distinction.
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Apple Forecasted to Report Record Holiday Quarter Amid Concerns of Slowing iPhone Sales
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I don't disagree with your statements, but your math is a bit off. The 99% averages $44,000/annually. That's a million dollars every 22.73 years.
Apple is going to willingly hand over its market cap crown to Alphabet. Loyal shareholders might as well face the fact that Apple simply doesn't have the aggressiveness to stay ahead of a company that doesn't have close to the wealth Apple has. It really isn't that important anyway. Apple was wealthy the entire year of 2015 with a largest market cap and shareholders never saw any share gains. I don't think Apple can possibly beat Wall Street. The street wants to see Apple lose and they're doing everything in their power to make that happen. Even with good sales numbers Apple's stock value is going to continue to fall. Nothing Apple does is ever good enough for the big investors. They should just take their money out of Apple and go elsewhere and never come back. The only stocks worth owning are the F.A.N.G. stocks. They're the darlings of Wall Street and that's how they'll stay for the next year or two. Apple is a poor investment for the big money players. There's simply not enough growth to be had for the greedy. As long as Apple gives me a decent dividend I'll be satisfied. Share gains aren't likely to happen. Apple has gone from being an 800 lb. gorilla to a 3 lb. organ grinder's monkey. It's almost an embarrassment to own Apple stock now. Apple shareholders have become the biggest jokes on the planet. The tech industry and news media are having a field day with Apple.
You're better off taking $20 and investing into a penny stock rather than Apple at this point. At least if the penny stock goes from $.02 cents per share to $.08 per share, you've got a 400% gain. I understand a penny stock is riskier, but you're not going anywhere right now if you're buying Apple stock--it's just going to continue to go down.
With Apple, you're not gaining 400% of your original investment, even if they have record profits.
My personal "Apple Meter" says it's a toss-up. I saw two things this last quarter that looked great and looked bad for Apple.
The bad... I was in the NYC Apple store off of 5th street a few days before Christmas... the place was busy, but not as packed as I've seen in the past. However, it was on a Wednesday afternoon and it was raining cats and dogs outside that day, so the weather could have kept the crowds away... I only braved the weather because my Bro was in town and had never been to NYC and wanted to see it... and the good news... the MS store down the street had almost no shoppers in it from what I could see. But, the low crowds can be a worry.
The good... I just did a PA to Las Vegas trip this last weekend and took a mental note of everyone's smart phone and tablet to see what people had. I counted less than 5 Android devices that I could see and probably a good 100+ iPhones and iPads being used. In the US, the iPhone is everywhere. Also, looking at what computers people had with them... Apple logo's were on 50% or more of laptops I saw in the wild this weekend.
My conclusion.... if Apple has done well still in China, I really do think they will come close or beat their top number.
If they do, the stock is sure to take a dive!
The bad... I was in the NYC Apple store off of 5th street a few days before Christmas... the place was busy, but not as packed as I've seen in the past. However, it was on a Wednesday afternoon and it was raining cats and dogs outside that day, so the weather could have kept the crowds away... I only braved the weather because my Bro was in town and had never been to NYC and wanted to see it... and the good news... the MS store down the street had almost no shoppers in it from what I could see. But, the low crowds can be a worry.
The good... I just did a PA to Las Vegas trip this last weekend and took a mental note of everyone's smart phone and tablet to see what people had. I counted less than 5 Android devices that I could see and probably a good 100+ iPhones and iPads being used. In the US, the iPhone is everywhere. Also, looking at what computers people had with them... Apple logo's were on 50% or more of laptops I saw in the wild this weekend.
My conclusion.... if Apple has done well still in China, I really do think they will come close or beat their top number.
If they do, the stock is sure to take a dive!
I have seen nothing to indicate that Apple isn't still driven by passion. If money was all that drove them things would be much different.
I understand that. But I was saying what would they (and others) be like if we didn't revolve around money. If they could just create the best thing they can and not have price matter. I know it's outlandish. I'm just dreaming.
On a side note, that's what Steinway does (or did)...
The idea of stock market isn't a bad idea. It's a great way to get cash investment for rapid expansion and growth. it's also a way of offering ownership of your company to general public. And offers the means for suplimentary income from dividends and possible stock sell off in the future.
However, Today's Wallstreet is predominantly controlled by very few, and very very rich individuals who (post IPO) manipulate stock prices depending on their desires and not necessarily true business outcomes. They're also the ones who are generally demanding the constant, record growth every quarter, despite broader aspects. they're the ones leaking these "analyst" predictions in order for the market to change the way they want.
ok ok
I never did do very well at math and tried to do that in my head.
Do you have a specific example of how Apple stock was manipulated, since your post painted a broad stroke?The idea of stock market isn't a bad idea. It's a great way to get cash investment for rapid expansion and growth. it's also a way of offering ownership of your company to general public. And offers the means for suplimentary income from dividends and possible stock sell off in the future.
However, Today's Wallstreet is predominantly controlled by very few, and very very rich individuals who (post IPO) manipulate stock prices depending on their desires and not necessarily true business outcomes. They're also the ones who are generally demanding the constant, record growth every quarter, despite broader aspects. they're the ones leaking these "analyst" predictions in order for the market to change the way they want.
ok ok
After reading all of this, I have one question that sticks in my mind; why all the available inventory? My local Best Buys (there are 3) and local Apple Store have significant inventory of just about any model of any Apple device in stock. That's new. In the past there has always been shortfall somewhere in the supply chain.
Did TC just stuff the pipe in an effort to ensure available inventory? Or is there another reason or something else going on?
This new Apple is... new.
Did TC just stuff the pipe in an effort to ensure available inventory? Or is there another reason or something else going on?
This new Apple is... new.
I think his stage presence has gotten much better. I think he does a fine job, people keep comparing his presentations to Jobs and it really isn't fair IMO. They are different individuals with different strengths and weaknesses.
I'm not shorting AAPL. I'm in long. But that doesn't mean it's not frustrating to see a company announce record profits quarter after quarter for 4-5 years and have it not be enough for the analysts.
Slowing iPhone sales would be great news - it'll give Apple the kick up the backside they need to actually start innovating again. I had the iPhone, iPhone 3G and 3GS, and then I went to Android for a number of reasons. I recently bought an iPhone 6S and returned it after less than a week.
The iPhone is great, but there's just too much it can't/won't do.
The iPhone is great, but there's just too much it can't/won't do.
So shouldn't you sell all your shares now and then buy them back just before close tomorrow?
They are innovating, but they don't have to be all things to all people. But they will have a record quarter, imo.
Also, you do realize that when "wishing bad luck" nobody is immune and the "butterfly effect" could come home to roost.
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I don't think having inventory is new at all. Scarcity typically only happens at initial product release, either because of temporary supply chain issues, or because of intentional manipulations to gin up consumer excitement and subsequent sales. Once the dust settles, there's usually ample inventory. Given their ample margins, having inventory isn't a hardship, either.
Speaking of margins, regardless of what the year-over-year iPhone sales turn out to be, people shouldn't forget that all of those units equal profit, which is more than other device manufacturers can say. All the hand-wringing over this quarterly report is just comical.
Apple will still be doomed even if sales are up from last year, even if it's a record breaking quarter. I think eventually iPhone sales will plateau. However that will have nothing to do with what Apple are doing wrong. Eventually the market will become saturated and there is nothing more that Apple can do to stop this. I think the economic situation in China will effect sales going forward. China was Apple's biggest market last quarter.
That was my first thought however it has never been the way Apple has worked in the past. Then I asked"all products?". Looking at the supply chain, I'm not sure if Apple's suppliers could have pulled this off.
Something doesn't make sense between the sales numbers, the supply chain numbers, and the contractor capacity.
Something is missing.
I don't have enough knowledge regarding the entire apple process, but as I said above, the truth is not very far off.