Apple Q2 2008 Financial Results on Wednesday, April 23rd

[IJ Reilly]

Not responsible for your losses.

Oh, and here I thought you were guaranteeing the performance of your scheme.

Good luck trying to time any stock, even one you think you know. The old rule of poker applies. If you can't figure out which player at the table is the sucker, it's probably you.

 

[pimentoLoaf]

And now an analyst, Shawn Wu, has weighed in with his defeatist opinion.

 

[IJ Reilly]

Shaw Wu, or favorite analyst, strikes (out) again. I don't see how he can seriously talk about high expectations and a 40% advance, when AAPL has gained back only about half of what it lost since January.

 

[pimentoLoaf]

What's interesting is if you now click on Apple's quote over at MarketWatch, the link to the story is blacked-out, making it impossible for people viewing the site from reading his comments.

UPDATE: The author of the small blurb has taken credit for posting it. And my original link now links to the credited story. (Originally it simply was just a MarketWatch story -- meaning a staff writer wrote it and it didn't really matter who.)

Perhaps someone at Apple was a bit pi**ed?

 

[celavato]

Jim Cramer (I know, I know, I'm not a fan either) is recommending a buy for AAPL based on a new messaging product called Conversation. Anyone else know what he's talking about? Cramer's not exactly a usual source for Mac rumors./QUOTE]

If we don't see any new product launches today, there won't be any this week so I'm not sure what Cramer is talking about. But I'd be willing to bet that Apple has missed at least one product launch window. How else do you explain the fact that the SDK announcement is still on Apple's home page?

 

[daveL]

I'm not really sure why so many of the posts here seem confused about what Cramer was saying. I suppose some didn't actually watch his show. In any case, it is straightforward enough:

He walked into his teenager's room to find him/her having a "conversation" with a friend. The "conversation" was taking place using iChat AV on the kid's Mac. Cramer thinks this is catching on with kids that own Macs and is a feature that is considered "cool", like iPods became "cool". He thinks iChat'ing has the potential to drive the next wave of Mac adoption, particularly among younger buyers.

There is no new product coming, and he never implied that there was. As much as I agree that he tends to be a bit over the top, at least spend the time to understand what he's talking about before you dismiss him out of hand.

 

[IJ Reilly]

I'm not really sure why so many of the posts here seem confused about what Cramer was saying.

I don't think anyone was actually confused. We're just poking fun at him for being such a dork.

 

[daveL]

I don't think anyone was actually confused. We're just poking fun at him for being such a dork.

Ya mean like technolaywer ^^^ ?