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Apple Stock Down 10% in After Hours Trading Amidst Concerns of Flat Growth

FrozenDarkness said:
RIM's problem is that they refused to cater to the consumer market. They refused to adapt. I'd like to think Apple is still leading the consumer market and if I've learned anything in the past three years is that the consumer market is the place to be for technology. A firm can not upgrade your blackberry for years, but a consumer will upgrade their phone at least once every two years.
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RIM did make the Curve and the Pearl. And I knew TONS of consumers with Blackberries... not just business people.

But yeah... after the iPhone and Android came out... RIM couldn't react.

Blackberry Storm anyone?

Here's a photo I took with a group of friends back in 2010. And you can see what platform they use now.

VQ5Bl.jpg
 
baryon said:
Yes, innovation when there's need, but not innovation every year just for the sake of it. No one can regularly come up with more and more groundbreaking things all the time: look at Software like Adobe, the film industry, television content, etc… innovation isn't regular and predictable. Sometimes there's a great idea, and sometimes there isn't much for a while, it can't be any other way. People expect some new thing that was like the iPod, iPhone or iPad every year. Do we need yet another new kind of product? I think that it's often time to take the energy to refine existing products, like Apple did with the retina MBP, or the iPad mini. They're all brand new products, but people just say "meh" because the first part of their name is already familiar to them.

Sure, the iPad mini changes the way you use an iPad, and the Retina MBP changes the way you use a computer, but man it's boring because I wanted something I haven't seen before and that's nothing like anything I already own.

They'll come up with new stuff eventually, but that's not what determines whether Apple is a successful company or not, at least not in reality.
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Other companies are leading the innovation in devices. LeapMotion input device, Pebble Watch, Google glasses, Kinect. Apple can't do it all.
 
iGrip said:
Samsung?
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So why does Samsung control the business market... sheer sales numbers?

At least RIM had BES and other technologies.

Samsung phones run the same Android software that any other Android phone runs.

Maybe I'm confused as to what "controls the business market" means...
 
peterdevries said:
Blackberry still does I guess. But even my conservative cost conscious company informed me this week that we will transition to Windows Phone. The risk of RIM getting into trouble is too high. In addition everyone was complaining about the Blackberries.
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According to the only survey I found on the topic, the iPhone surpassed Blackberry in enterprise market share in 2011.

http://mobile-workforce-project.ipass.com/reports/q4-report-2011/survey-results-section-1

In Q4 2012, "The iPhone remains the top smartphone in the enterprise with 53 percent market share among mobile workers, up from 45 percent in 2011."

http://mobile-workforce-project.ipass.com/reports/q4-report-2012
 
Michael Scrip said:
I'm just saying... everyone is so down on Apple for not creating new innovative products.

But it doesn't look like anyone else is either...
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Yeah, I think some of the things Apple has done like the retina screens were great, the competition has caught up with Apple now and they say why spend the extra on an Apple label?
I suppose you could say screen tech was going to move forwards regardless of Apple. But the investors are not happy with Apple. They really need to do something to stop the stock falling, I think that 10% loss was 50 billion dollars?

I'm not sure about this Apple TV idea because of the market as it is, you have digital and satellite and on line providers all at cut throat pricing. I'm not sure if Cook could pull it off like Jobs could.
 
baryon said:
Yes, innovation when there's need, but not innovation every year just for the sake of it. No one can regularly come up with more and more groundbreaking things all the time: look at Software like Adobe, the film industry, television content, etc… innovation isn't regular and predictable. Sometimes there's a great idea, and sometimes there isn't much for a while, it can't be any other way. People expect some new thing that was like the iPod, iPhone or iPad every year. Do we need yet another new kind of product? I think that it's often time to take the energy to refine existing products, like Apple did with the retina MBP, or the iPad mini. They're all brand new products, but people just say "meh" because the first part of their name is already familiar to them.

Sure, the iPad mini changes the way you use an iPad, and the Retina MBP changes the way you use a computer, but man it's boring because I wanted something I haven't seen before and that's nothing like anything I already own.

They'll come up with new stuff eventually, but that's not what determines whether Apple is a successful company or not, at least not in reality.
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Stop making sense here. This is not the forum for it!

We want it all and we want it now. And, if Apple doesn't do it they suck and are doomed anyway.

Wah, wah, my speculation lost dollars. Wah, and I am entitled that my stock only goes up.

Are these people for real?
 
Amazing economic illiteracy in some of these comments.

AAPL is down 10+% for a simple reason -- new information drives stock price movements. AAPL's earning report came in below the level that the market had already priced into the stock. AAPL's $700+ share price had an assumed growth rate in profits that apparently isn't going to be met.

Those who claim AAPL is finished are just as stupid as those who rip on the markets for simply pricing new information. AAPL is still worth almost 1/2 trillion. Markets still expect a TON of future profits from AAPL. Just not quite as much as they did a few months ago.
 
MarkNY said:
Amazing economic illiteracy in some of these comments.

AAPL is down 10+% for a simple reason -- new information drives stock price movements. AAPL's earning report came in below the level that the market had already priced into the stock. AAPL's $700+ share price had an assumed growth rate in profits that apparently isn't going to be met.

Those who claim AAPL is finished are just as stupid as those who rip on the markets for simply pricing new information. AAPL is still worth almost 1/2 trillion. Markets still expect a TON of future profits from AAPL. Just not quite as much as they did a few months ago.
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ah yes, of course this assumes that the market works off efficient information. Of course, it's hard to see why the stock keeps dropping and the analysts keep raising their expectations. I must have missed the part where everybody's expectation dropped 30% since two months ago.
 
The great sell off continues! Yesterday after seeing after hours I was debating dumping today but I've been long for so long I'm just gonna stick around.

But 12%..that's big!
 
cappadonna said:
The great sell off continues! Yesterday after seeing after hours I was debating dumping today but I've been long for so long I'm just gonna stick around.

But 12%..that's big!
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Depending what you bought in at, you could sell off and then buy back in once things settle.
 
samcraig said:
ouch ouch ouch!

http://finance.yahoo.com/blogs/daily-ticker/apple-succumbs-500b-market-cap-curse-173516684.html
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Thanks for sharing the article. Some good points in there:

“When you get that successful—picture Wal-Mart (WMT), Microsoft -- there’s nowhere to go. You run out of ideas,” says Macke.
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He recommends three ways Apple can reinvent itself:

-Fire CEO Tim Cook. “The biggest questions [about Cook] were whether or not he could be an innovator, whether he could replace Mr. Jobs, who was an icon, a legend...that question has been answered," says Macke. He’s innovated nothing and failed at his core competency in operations, Macke argues.

-Hire someone to run the retail stores—a position now unfilled. “They need to get a new guy in there…ideally Ron Johnson….bring the guy back," says Macke. Johnson held the job previously and excelled at it, then left to run beleaguered retailer J.C. Penney.

-“Do something” with the $140 billion in cash on hand. “Put the money to work," Macke notes.
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1Alec1 said:
Analysts are typically wrong except when, in cases like these, they themselves affect the price to match the prediction. It's stupid.
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They are a bunch of children , running scared over any rumor, they should take off their little girl pants, put on their big boy pants, and get in it for the long haul,this buying and selling over pennies is BS.
I bought in at $98 + and sold in September when it went to $704, if these babies take it back down to $300, I'm going back in for 2000 shares, and cash in when it gets to $1000:eek:

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cappadonna said:
The great sell off continues! Yesterday after seeing after hours I was debating dumping today but I've been long for so long I'm just gonna stick around.

But 12%..that's big!
Click to expand...

Don't do it! Sure it's big, but it will come back just as big,iPad 2 retina,MBA 11&13 retina,iMac retina, the future is all rosy, just think LONG HAUL, and cash in at $1000:cool:
 
53x12 said:
Thanks for sharing the article. Some good points in there:
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I'm sorry that guy is clueless. Fire cook under whom the company just posted their most successful qtr in history? The fourth best qtr in the history of time? Guy is an idiot.
 
apolloa said:
Yeah, I think some of the things Apple has done like the retina screens were great, the competition has caught up with Apple now and they say why spend the extra on an Apple label?
I suppose you could say screen tech was going to move forwards regardless of Apple. But the investors are not happy with Apple. They really need to do something to stop the stock falling, I think that 10% loss was 50 billion dollars?

I'm not sure about this Apple TV idea because of the market as it is, you have digital and satellite and on line providers all at cut throat pricing. I'm not sure if Cook could pull it off like Jobs could.
Click to expand...

The killer of Apple TV will be the alacart option, buy only the channels you want,
It will revolutionize the 1980's cable box idiom, and replace it with lower bills which people will flock to. End $190 cable bills for stuff you never watch. Win/ win for everybody!
 
Cheffy Dave said:
They are a bunch of children , running scared over any rumor, they should take off their little girl pants, put on their big boy pants, and get in it for the long haul,this buying and selling over pennies is BS.
I bought in at $98 + and sold in September when it went to $704, if these babies take it back down to $300, I'm going back in for 2000 shares, and cash in when it gets to $1000:eek:

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Don't do it! Sure it's big, but it will come back just as big,iPad 2 retina,MBA 11&13 retina,iMac retina, the future is all rosy, just think LONG HAUL, and cash in at $1000:cool:
Click to expand...

Yeah I'm not going anywhere, I've been long with them for way to long to just dump that fast. I'm confident it's coming back as well, even if it takes a few years I'm here for the haul
 
Analysts are like food or movie critics. They can all point out what's wrong, and since they find it so easy to point out, they mistakenly think it's just as easy to get it right. But if you were to ever ask them to step up themselves, they would fail miserably. Which is why they never try.
 
Cheffy Dave said:
The killer of Apple TV will be the alacart option, buy only the channels you want,
It will revolutionize the 1980's cable box idiom, and replace it with lower bills which people will flock to. End $190 cable bills for stuff you never watch. Win/ win for everybody!
Click to expand...

I will believe that when I see it. Also in America TV is a LOT different then the rest of the world, I mean in the UK I could have freeview HD and SD channels plus Lovefilm and Netflix for a tiny cost every month, plus I have to pay for a TV license in the UK.
And no matter what Apple do, in the UK we have to buy a TV license even if you never watch any BBC channels.

That's alway's been the trouble with the entire Apple TV idea, it's all based around American television, meh I guess it could be an American product only? But I also bet it'll cost $3000 or so.
 
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cappadonna said:
I'm sorry that guy is clueless. Fire cook under whom the company just posted their most successful qtr in history? The fourth best qtr in the history of time? Guy is an idiot.
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I'd argue that you're the one who is clueless, this isn't about now, it's about the future. It's the same reason why AAPL is down 12% despite the most successful qtr in history.

Doubts about the future.
 
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53x12 said:
Quoted...
-Fire CEO Tim Cook. “The biggest questions [about Cook] were whether or not he could be an innovator, whether he could replace Mr. Jobs, who was an icon, a legend...that question has been answered," says Macke. He’s innovated nothing and failed at his core competency in operations, Macke argues.
Click to expand...
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Jesus. The guy's barely even been at the job solo for a year, and everyone's already getting impatient about him not producing the Next Big Thing. Even the old late great Grand Poobah himself couldn't pull a rabbit out of his hat in that short an amount of time. It took about 5 years between the iPod and iPhone. 3 Years between it and the iPad. What else are they expecting?
 
AaronEdwards said:
I'd argue that you're the one that is clueless, this isn't about now, it's about the future. It's the same reason why AAPL is down 12% despite the most successful qtr in history.

Doubts about the future.
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i woudln't fire cook, i would just say Apple needs a new face, a new innovator. If cook hates the media and doesn't want to do it, then tell someone else do it. don't do a parade of VPs, we need one single guy who we can trust in, that's it. it's that simple. FB has zuckerberg, Amazon has bezos, netflix has the much hated hastings, but AAPL has ???
 
Cheffy Dave said:
The killer of Apple TV will be the alacart option, buy only the channels you want,
It will revolutionize the 1980's cable box idiom, and replace it with lower bills which people will flock to. End $190 cable bills for stuff you never watch. Win/ win for everybody!
Click to expand...

Alacart pricing will be the end of everything. We will be left with perhaps 5-10 channels and hundreds will be gone. Content providers are insatiable. And they will constantly increases their prices per subscriber.
 
if you don't know why the stock is down then you have no idea what businesses are about

and its not hard to figure out why its down.
 
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