Correct, Apple fans often take things too personally.
There's an anti-business edge, along with the redistribution of wealth, entitlement mentality that's hurting things...
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple Stock Down 10% in After Hours Trading Amidst Concerns of Flat Growth
- Thread starter MacRumors
- Start date
- Sort by reaction score
Correct, Apple fans often take things too personally.
There's an anti-business edge, along with the redistribution of wealth, entitlement mentality that's hurting things...
Don't forget to make the ~8% correction because the quarter was a week longer last year. It's also not clear how much profits were hurt by low yields and high costs while ramping a complete lineup of new products (almost everything Apple makes) during the quarter. We won't know until next earnings report.
Not true. This year's quarter is shorter by 1 week compared to last year's quarter (7% difference). This year's quarter had a lot of new products compared to last years which only had an iPhone 4S which didn't require anything but swapping out a few internal parts. The important number is the revenue number which showed 18% growth. Profits will increase as they improve yields and get better pricing on their supplies for the new products.
the stock will keep dropping until there is support from major players. there will always be dead cat bounces, where smaller investors have price points to get in on and volume is low. apple won't be on the way up until value investors jump on board or a major player breaks the trend, at that point, it's everybody in before someone sells
"Apple" should buy all of its shares? I mean I know about Citizens United but Apple isn't a person who can buy itself out..... Apple's cash isn't fricken Tim Cook's personal stash; who on earth can afford to buy them out????
Wait, the crescendo is just around the corner.
Most here will have no clue what hit them.I doubt it. Apple was dealing with the combined effects of a sluggish economy and a lot of product upgrades (with the resultant supply constraints) and still managed a record quarter. Google, which "surprised" upwards, managed about the same "beat" in terms of EPS and "miss" in terms of revenue. Apple really started tanking when Peter Oppenheimer said the Q2 forecast wasn't sandbagged, but at the same time $41-43 billion in forecast revenue is nothing to sneeze at.
----------
However, as Tim Cook said, it's better for them to cannibalize their own produt than let someone else do the same. The iPad mini filled a necessary market. People want a thinner, lighter, and cheaper tablet. It's better that they buy a $329 iPad mini than a Nexus 7.
Wait, the crescendo is just around the corner.
Yep. Inflation hasn't really hit yet. The mass panic will be hilarious frankly considering how foreseeable it all is.
You're assuming that the demand for both is equal. People might be more likely to buy an iPad Mini than an iPad as a gift. People might be more likely to try an iPad Mini because of lower cost. People might be more likely to get an iPad Mini because the weight and size is significantly less. A family might be more likely to get multiple iPad Minis rather than just one iPad. Some people (like me) will get both.
I don't know if any of the above is definitely true. The point is that you're making a comparison using an assumption that the demand for the two products are equal. Furthermore, you're assuming that someone who buys an iPad Mini is buying instead of an iPad, rather than instead of a Nexus or Kindle Fire. I don't think your assumptions are correct.
I almost sold at $700. All I had to do was click one final button but I changed my mind at the last second.
It is not too late to cut your losses.
And this is good?
No not necessarily. Case-in-point... The subsidized subprime housing market and subsequent crash. It's actually horribly. You're very accurate with our sense of priorities in our country. We, as a general whole, have to have, and we want to have it now. So the market reacts and finds ways to make this happen.
This will, over time, crash! Inflated stocks will decline and what should be, will in time, actually be.
Apple is on a very high tide right now but they have to figure out to keep that high. I don't think the iPhone and tablet will stay extremely high for an extremely long period.
Sorry kind of speaking on two thoughts here.
i think the assumption that the ipad mini will always have lower margin than the regular ipad is overblown. it won't remain that way forever.
I really couldn't give a crap about the stock... Things are just getting stupid at this point. So one might ask, Stupid? How exactly do you mean? What I mean is, depending on which metric you go by, Apples 'record I might add' earnings this quarter were either the 1st or as low as 4th largest of any company in the history of the world. And...... apparently..... that is disappointing. Mmm k
Your best bet is to dollar-cost average your purchase over time. You are not able to time the market with any certainty or accuracy.
Good point. In fact, do we actually KNOW that the margins are lower? I didn't hear mention of exact numbers in the conference call. After all, the Mini uses a non-Retina screen and an A5 chip.
Made enough money to retire when Subprime hit
Still can't figure out how Bernanke missed it. $%*&ing idiot. I'll be honest, what's coming scares me. Like I said, bought real estate outside this country.
Unfortunately, guidance on margins weren't great. The lack of any mea culpa like statements and insistence on how "incredible" these numbers were seemed silly
You read it wrong. It said that the growth in profits is flat, not the profits themselves. The derivative of the profits is 1 (constant growth).
----------
Profits are not flat. And why would sales be up but profits flat? That would suggest extra costs.
Here are the rough graphs that are theoretical and not to-scale (except for the last one):
Apple's total money earned vs time = integral of profits vs time:
Apple's profits vs time:
Apple's CHANGE in PROFITS vs time = derivative of profits vs time:
Notice how the last one is flat at 0. THAT'S what this article is talking about, and that's what the investors are all worried about. It was rising before. All this is based on integration of the profit change vs time and not data, so it's just theory.
But I just realized that the article may be incorrect or unclear. It stated a $40M increase in profits over a year... not sure if it's rounding down to 0 or what. But it said that it was a flat increase in growth (aka profit?). The profits used to go up more than constantly over time.
Last edited:
I've been saying that for years. The last truly revolutionary product from Apple was the iPhone 4 and in another extend the iPad (which is a larger iPod touch and did to be fair they did create a whole new market segment).