Then of course, the management know much more about company's business (contracts etc.) than any analysts and way ahead of those. It's really easy to beat your own estimates - just make them artificially low (and this is exactly what Apple always does).
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Apple Reports Best Quarterly Results Ever in Q1 2013: $13.1 Billion Profit on $54.5 Billion in Revenue [Call Ended]
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Then of course, the management know much more about company's business (contracts etc.) than any analysts and way ahead of those. It's really easy to beat your own estimates - just make them artificially low (and this is exactly what Apple always does).
I was smart (read: lucky) to sell half of what I had at $690.. I still have a lot left but I sold just to make sure that if it ever dove off the deep end.
But we'll see what happens. I have still seen targets in the $700 range (prays)
But we'll see what happens. I have still seen targets in the $700 range (prays)
Down to $461. This is absolutely crazy. $13 billion in profit and the stock is sinking like the Titanic. WTF?
Apple promised that they wouldn't sandbag their guidance anymore. Then they went and gave a guidance of $41-43B vs. consensus estimate of $45.63B.
And one might say it's easy to fool people into thinking of you as "absolute wizards", after you deliberately kept your guidance overmodestly low to begin with.
In a nutshell, it's that simple.
They are going to go nowhere but down in the future.
The low hanging fruit has been picked.
They probably will but they are not known for being good at competing on price. Perhaps that's why APPL is behaving the way it is.
I thought about selling at $60. I thought about selling at $120. I thought about selling at $300. Basically every time the lilo777s of the world (and they are legion) screamed "Bubble!!! Apple is doooomed!!!!"
Good thing I didn't listen to them then. And I'm certainly not listening to them now.
Let's not get carried away. If Apple *used* to be those things, then how is it that Apple's smartphone customer satisfaction numbers are so much higher than Samsung's? And what has Samsung done to make you think they're out-innovating Apple? iPhone 5 runs circles around Sammy's devices; from manufacturing to the CPU, to the design; everything about it is superior unless you think NFC is a huge deal.
I can't say that I thought iOS 6 was anything special, but what were the big innovations for Android the past two releases? For the last release, it was an Airplay clone; far from exciting.
I really don't understand where this Apple isn't innovating sentiment is coming from... it's certainly not based on reality. I think some folks need to lower their expectations because not even Apple can defy the laws of physics or blow people away with each product update.
This article should help put things into perspective: http://blogs.hbr.org/pallotta/2013/01/the-market-wants-apple-to-unve.html
its not our job to come up with those innovations and playing "catch up" with NFC isnt innovating and what i'm asking for either.
its time to come up with something "revolutionary" and groundbreaking again. just like "slide to unlock" and multitouch was back in 2007.
hell, a water resistant iPhone which u can throw in the ocean without breaking would be a step forward already ^^
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people ... stop buying everything apple pulls out !!! (... lookin at myself btw
) they need to fall on their ass again to get their lazy ass up from their "throne"
I'd wait a few weeks before believing that.
I share your optimism, and I'm even willing to give them some more time than that.
Something APPLE probably doesn't mind.....
In the short term, their absolute don't matter. Whatsoever.
Previous expectations had been already factored in the stock price.
New information in relation to previous expectations is what makes the stock price move (in the short term).
By the way: Apple's stock price is now pretty much at the same price as it was a year ago.
And yes, they've increased sales and absolute earnings since then. But last year the stock also had been hyped. I see all of this as rather some leveling out between overconfident and disappointed expectations.
Look, we all know they became way too dependent on Samsung, and wound up building up their competitor. Sharp, LG, or significant operations of them (e.g. displays) could be snapped up for a relative song. Maybe Apple needs to gain control over its manufacturing in order to compete at lower price ranges. Remember, they said that the iPhone 4 was capacity constrained. People liked "free" phones, it seems.
Samsung sbeam can make use of wifi-direct for the data transfer. Upto 300Mbps.
http://androidfact.com/what-is-s-beam/
It is actually quite a nice feature:
http://www.androidcentral.com/jelly-bean-feature-sending-photos-and-videos-over-android-beam
How do I send a contact or a picture from my iphone5 to another one?
I just sold my position in apple. I was in at 200 and 250 long. The thing that drove apple over the years was rumors and high margin products which gave apple new areas to grow. But right now, we have no idea where that will come from. Margins are falling. Product designs have stagnated.
Apple will still be a great company and make loads of money, but in terms of growth, I am not sure where it will come from. China will help, but they may have to make a cheaper iPhone for the emerging markets which again, hurts margins. Steve jobs isn't around to provide the vision he once gave them, and it remains to be seen whether the restructuring of the management will change things.
I see AAPL dropping to the $425 levels short term and maybe testing $400 this quarter. Without a new product to drive growth, I think we will settle down around $400 and remain there. Sure, fundamentally it doesn't make sense, but sometimes it doesn't.
I heard that too. then watched it fall with more velocity. So essentially they've been lying to us?
Maybe. But I'll bet 2014 at the latest. I've seen this song and dance too many times before.
My money says it will. Again, let history be your guide.
Don't forget, people, that Apple shot themselves in the foot this quarter with the new Mac introductions. They simply weren't ready to sell/ship. That really hurts the bottom line...but only temporarily.
As for mobile, Samsung is currently ruling the market with their plastic crap. The good news for Apple is this gives them plenty of room for growth. I'd be more worried about the stock price if Apple owned 80% of the market. They don't. They're still a minority player. They have not peaked. Opportunities abound.
AAPL ain't MSFT.
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There can't be two killers for one creatures. Galaxy S already killed iPhone. SGS3 outsold iPhone 4S in Q3 and looking at Q4 numbers (and a fact that iPhone 5 amount to less than 50% of all iPhone sales) it looks like S3 will stay on top (or get back to it in Q1, Q2 and on.