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syd430
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Please link your source. There isn't really any evidence to support this. Just what you think is cause and effect in the market place.
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Apple Stock Down 10% in After Hours Trading Amidst Concerns of Flat Growth
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Please link your source. There isn't really any evidence to support this. Just what you think is cause and effect in the market place.
sound so offended, did i not present a plausible reasoning? Don't worry, I only work for a wealth management firm
I don't think the price can fall significantly lower than where it's at now - $463. With the dividend at $2.65/share with a yield of 2.29%. With their cash hoard being at $137 billion, they could easily buoy the stock buy accelerating the buyback (they already bought $4 billion this quarter, $6 billion to go), and bumping up the dividend without draining the stash. Perhaps they themselves are hoping to get it at a cheap(er) price.
I agree fully with what you are saying and so does Bob Wiedemer. Apple's stock crashing is not going to be due to anything Apple did, but due to the fundamentals of how this country is being run and how fast the printing presses are going.
I've said a couple of times that there would be resistance at $450, but I'm not so sure anymore. The P/E is way too high for a company that has no growth and a tiny dividend.
We cannot know what the price will be at the end the day tomorrow. But how and why does that have any relevance?
See, someone gets it.
Remember, there is no inflation unless you eat and drive a car anywhere.
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syd430
Guest
Believe me, i'm not offended in the slightest. I'm sorry if I came across that way. I just wanted an academic source to read up on the phenomena you described. I work and conduct research in this field so it is of interest to me. A general reference to game theory isn't convincing.
Too much doom and gloom. Price is just dipping like any other day. It will go back up. And then down again.
Tim's abysmal afternoon....
PLEASE TIM GET YOUR HEAD OUTTA YOUR AS* !!!
The Market for technology products is fickle, flighty, transparent, changes on a nano-turn, has mood swings that NO ONE can predict or explain, yet Tim Cook, as smart as he is, keeps trying to chop it up into manageable little, behaviorally consistent nuggets he can spin up a can of blinking lights, buttons and tightly wound antenna to keep them stable ********!!!
The last 6 or 7 weeks of press, speculation, lies, manna, arguments, rights and wrongs, strong and weak statements, and a lot of what ever it takes to settle the noise down, has managed to crash the value of Apple down by 40 % .. THAT s OVER $ 200 BILLION DOLLARS because people like to scream at each other and calm heads cant scream as loud as morons. AND, because the morons that have been screaming for the last 6 or 7 weeks like lunatics straight out of the asylum, got EXACTLY WHAT THEY THOUGHT TODAY A CRAPPY APPLE EARNINGS REPORT FROM A HOLIDAY PERIOD !! W T F !!!
I dont care if it was the law of big numbers (they got reduced by $ 200 BILLION over the last few weeks), I dont care if its Klowns making up bad FUD halfway around the world that was a LIE the instant it hit a keyboard. It resulted in a BAD EARNINGS REPORT FROM APPLE TODAY and thats NOT ACCEPTABLE. ESPECIALLY IN A STONG HOLIDAY QUARTER where they should have had a performance that just left global pundits stunned and speechless . Instead, Apple got laughed off the stage and the stock went down ANOTHER $ 60 BILLION DOLLARS !!!
Unforgivable.
PLEASE TIM GET YOUR HEAD OUTTA YOUR AS* !!!
The Market for technology products is fickle, flighty, transparent, changes on a nano-turn, has mood swings that NO ONE can predict or explain, yet Tim Cook, as smart as he is, keeps trying to chop it up into manageable little, behaviorally consistent nuggets he can spin up a can of blinking lights, buttons and tightly wound antenna to keep them stable ********!!!
The last 6 or 7 weeks of press, speculation, lies, manna, arguments, rights and wrongs, strong and weak statements, and a lot of what ever it takes to settle the noise down, has managed to crash the value of Apple down by 40 % .. THAT s OVER $ 200 BILLION DOLLARS because people like to scream at each other and calm heads cant scream as loud as morons. AND, because the morons that have been screaming for the last 6 or 7 weeks like lunatics straight out of the asylum, got EXACTLY WHAT THEY THOUGHT TODAY A CRAPPY APPLE EARNINGS REPORT FROM A HOLIDAY PERIOD !! W T F !!!
I dont care if it was the law of big numbers (they got reduced by $ 200 BILLION over the last few weeks), I dont care if its Klowns making up bad FUD halfway around the world that was a LIE the instant it hit a keyboard. It resulted in a BAD EARNINGS REPORT FROM APPLE TODAY and thats NOT ACCEPTABLE. ESPECIALLY IN A STONG HOLIDAY QUARTER where they should have had a performance that just left global pundits stunned and speechless . Instead, Apple got laughed off the stage and the stock went down ANOTHER $ 60 BILLION DOLLARS !!!
Unforgivable.
I don't see how the earnings reports suggests flat growth. 18% increase in revenue in a quarter that was 7% shorter (1 week). EPS only bumped a little (again with a 7% shorter quarter), but what it suggests is that there is pretty growth in buyers. It's just that the profit margin was smaller simply because of a wide range of new products - iPhone 5, iPad Mini, and delayed iMacs. Yields will increase and supply prices should decrease which should lead to increase profit margins. Furthermore:
T-mobile
China Mobile
New lighter iPad
Retina iPad Mini
iPhone 5S
Less expensive iPhone?
Pandora competitor?
Less likely this year: Apple TV.
Outlook looks pretty solid to me. Maybe not 50% growth anymore, but I'll take a solid 20% growth over the next few years and be happy with it. The downside risks are pretty small compared to the likes of RIM, Dell, and HP. I don't see any other company's prospects coming close.
T-mobile
China Mobile
New lighter iPad
Retina iPad Mini
iPhone 5S
Less expensive iPhone?
Pandora competitor?
Less likely this year: Apple TV.
Outlook looks pretty solid to me. Maybe not 50% growth anymore, but I'll take a solid 20% growth over the next few years and be happy with it. The downside risks are pretty small compared to the likes of RIM, Dell, and HP. I don't see any other company's prospects coming close.
Did you read the article?
In point of fact, Apple's profits are NOT growing. That is the important take-away.
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syd430
Guest
Good point! But it's a rigged game. When people have no money, they can't buy iStuff. It's all cheap credit. We have no fundamentals anymore. Look at the Feds balance sheet. That should scare the daylights out of everyone. Forced me to buy property outside this country.
My economics professor asked me why did I want everyone in the world to have the same education? I replied well because everyone needs to have the same opportunity and playing field. He then asked me, "So what value will your degree have?"
Point here is that everyone doesn't need to have enough money to purchase high-priced items. They've created credit cards, loans, leases and in Apple's case, subsidized prices of phones. All of their other products, those that can't purchase are surely saving to get the latest technology.
Bring it to these shares, these high numbers is off of the anticipation of what Apple will bring to the table and how EVERYONE will respond to that anticipation. The decrease in that anticipation will inevitably decrease share prices.
"academic research?" the stock market isn't academic because it's not a science because it's not predictable. you can agree with me or don't but know that if i'm correct, i'd be rich by now. we're all just presenting plausible theories, except for me, I know it's true while you might cast some doubt. look no further than banks putting out a buy rating and a high price target on one end and selling it right away on the other.
After hours trading after earnings is always full of crap. Tomorrow could bounce (perhaps as high as 500?), or drop further (perhaps as low as 425?). The fact is, AAPL was pretty much bang-on analysts estimates, so speculation aside, the released earnings should be baked into a price somewhere near $500. The question is: how long is the short speculation going to continue before it runs out of steam? With current P/E and ZERO growth, the stock is undervalued now based upon fundamentals.
actually, the fact is it did grow by about 40 million it seems. and the previous year had one more week, so in fact it grew by 8%. math is hard i understand
I think the shift in demand from the iPad to the iPad Mini is bad news for Apple. Nothing against the product, I personally haven't used it, but a shift in demand from a high margin product to a much lower margin product is worrisome.