I think we've yet to see this stock bottom out. I believe the lower it goes the better. Mainly because the only thing Apple really takes seriously is money. So a collapsing stock gets their attention. They need a good wake up call, this hopefully will keep dropping till the sleeping angry litigious company gets back on track.
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Apple Stock Price Hits Lowest Levels Since 2011, Falls Below $400
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If Apple was close to releasing a redesigned iPhone 6 that came in two screen sizes (4" and 4.6-4.8"), I would say yes. If Apple was about to release something revolutionary, I would say yes. That may be the case a year from now, but apparently that's not the case this year. In other words, wait.
You mean thick phones with tiny screen were here before. The new phones are thinner and have much larger screen than anything from 2003.
Damn greedy investors!
I hope Apple is focused for long term growth rather than short term to satisfy their (Investors) greed.
Do keep in mind that this may include a number of Apple's employees.
Much of its later value came from products that had yet to be announced.
Don't touch AAPL stock. Chances are AAPL will miss on their quarter and it will see $350 before you know it.
That is correct. Maybe Levinson needs to step in for the short run while a search committee sorts it out.
Here ya go - people are thinking this topic through:
http://247wallst.com/2013/03/05/who-will-replace-tim-cook-as-apple-ceo/
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The people are getting impatient.. We've all been saying apple needs to have a big 2013 year. It's mid april and we've seen nothing yet.
Common apple
Common apple
Ive is great at industrial design, but we have to see how he's gonna handle iOS. He has yet to prove himself with that. But if he handles iOS as good as he does industrial design, then that could more confidence back in Apple like it had back in the days of Steve Jobs.
Yeah.... the point where it drops low enough that Apple offers to buy all the stock back with their cash on hand and go private. Then the stock will go up.
This movement of the stock is insane. We are talking about a company that is poised to post $50B in profit this year and they are valued at P/E ratio below 10. When they posted the third most profitable quarter for any company ever, the stock collapsed. Meanwhile, Jeff Bezos is trying to convince investors that profits aren't important so long as you build "goodwill" with customers.
Amazon's market cap is currently about 3/8 that of Apple's and since inception a decade ago, Amazon has only pulled in $10B in profit. At their current rate it will take them 40 more years to make what Apple will make this year.
What about Amazon's future? Oh.... that whole thing about "goodwill" will evaporate the minute Amazon raises prices to try to make a profit. This means that the only way for Amazon to double their profit is to double their revenue and even then their profit is pathetic compared to Apple.
And yes I own AAPL stock which I bought at $565. I never intended it to be a short-term investment, and I am confident that I will still make a profit on it when the stock price corrects itself. Nothing about the stock price matches the fundamentals of the company.
Yeah, the P/E ratios are out of whack between those two companies. But here's the difference. Apple's profits are flat YoY and could go down going forward in a possibly saturated markets. Amazon's profits (before EBITDA) are still actually growing and they only have a small percentage of a larger market that is still growing.
Right on. If apple doesn't get credit for a larger screen, faster chip and better camera on the iPhone 5, then the GS4 isn't innovative either.
It is useless to try and apply logic to a stock that is being manipulated via "fear stories" on a daily basis. Every day on Yahoo there are AAPL doom and gloom stories. The big boys "put target" for AAPL has not been reached. When the "put target" is reached you will Yahoo doing AAPL "cheerleader" stories to send the stock back up. Then the boom/bust cycle will repeat again....completely disconnected from performance, P/E, and every other usual barometer of company health/success.
And don't forget that the hedge fund movers and shakers still haven't got their hands on Apple's cash hoard. And until they do they will continue to "punish" Apple via media/stock manipulation. The whole Einhorn thing has simply gone underground.
And don't forget that the hedge fund movers and shakers still haven't got their hands on Apple's cash hoard. And until they do they will continue to "punish" Apple via media/stock manipulation. The whole Einhorn thing has simply gone underground.
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I never understood this mentality. Apple is not hemorraging nor is it operating in the red. It had a record year last year in terms of profits but ANALysts who seem to control the market penalize them for not earning more. I've rarely seen a company punished in the stock market like Apple after having amazing returns. We're punishing successful companies for not breaking their profit record by a more wider margin. WTF?!
Ummm - if they buy back all the stock and go private what stock will be left to go up?
While I agree that much of the negative sentiment is magnified for the benefit of the trading firms, AAPL does need to get their focus back. And at least pretend to care about the customer again.
I'm an AAPL fanboy and even I don't want to buy any of their stuff right now, except maybe a few more shares of stock. I find IOS6 to be annoying instead of compelling and ditto for Mountain Lion. I'm switching to Xubuntu and looking to go Android at cellular renewal time.
iOS doesn't belong to Ive, it belongs to Federighi. iOS UI is in his hands but as far as we know none of the iOS UI designers report to him so it will be interesting to see how much influence he actually has.
The same thing as last time. All the analyst come in with bad predictions the week before the earnings announcements when Apple is unable to respond.
Market manipulation at it's best
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Blah, blah, blah.
Here. A plethora of choices for you:
http://www.verizonwireless.com/b2c/...=viewPhoneOverviewByDevice&deviceCategoryId=1
Unless you own Apple stock and need to sell it now why would you care about this?
Actually for most of us Mac users if the iPhone failed and was discontinued we' be better off. Apple would go back to making computers and be happy with 5% market share and we'd be happy again. I was MUCH happier with Apple back when it was a small company that catered to creative professionals.
Apple was done nothing with the Mac in 10 years, just a different case and using newer CPUs. Even with phones, about the same and offering different screen sizes.
They need to make some radical and disruptive changes to their Mac OS and the pro and consumer apps.
Apple has loads of cash. SPEND it on R&D. They could afford to dump a billion a year on R&D if they wanted. But they don't. Why is it iLife and iWork are not on 18 month release cycles? Why is spotlight so primitive, why is it not more "AI Based?". Why can't Apple's work processor see that I'm writing a research paper and automatically enforce the style guidelines (APA or whichever) Or photo editors that can detect faces and do automatic crops and skin tone fixes. Natural language searchs of my iTune library for the songs with the words like "Who was that who did Blue Suede Shoes?, no I mmeans a more recent cover with female vocals..."
Why can't I simply tell my email software in English. "If Jim sends my anything, text me a summary" and let the software figure out the details.
Spend a Billion Dollars and much of this will happen
Actually for most of us Mac users if the iPhone failed and was discontinued we' be better off. Apple would go back to making computers and be happy with 5% market share and we'd be happy again. I was MUCH happier with Apple back when it was a small company that catered to creative professionals.
Apple was done nothing with the Mac in 10 years, just a different case and using newer CPUs. Even with phones, about the same and offering different screen sizes.
They need to make some radical and disruptive changes to their Mac OS and the pro and consumer apps.
Apple has loads of cash. SPEND it on R&D. They could afford to dump a billion a year on R&D if they wanted. But they don't. Why is it iLife and iWork are not on 18 month release cycles? Why is spotlight so primitive, why is it not more "AI Based?". Why can't Apple's work processor see that I'm writing a research paper and automatically enforce the style guidelines (APA or whichever) Or photo editors that can detect faces and do automatic crops and skin tone fixes. Natural language searchs of my iTune library for the songs with the words like "Who was that who did Blue Suede Shoes?, no I mmeans a more recent cover with female vocals..."
Why can't I simply tell my email software in English. "If Jim sends my anything, text me a summary" and let the software figure out the details.
Spend a Billion Dollars and much of this will happen
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Totally agree. I've been banging that drum since Apple's cash pile was at $40 billion. There is absolutely no need for this kind of cash to be sitting around earning 1% (which is about what Apple makes on investments made by this money).
I predict Apple announces a larger dividend. Then the stock can do whatever it wants. I will simply collect my nice dividend every six months and laugh all the way to the bank.
I have to agree. iPhone 4 was released in the middle of 2010. The iPhone 5 looks very similar to the iPhone 4 (with an elongated screen being the primary visual difference). I think it's safe to say that the iPhone 5S will be physically similar to the 5. iPhone 6 probably won't be released until the middle of 2014. That means you have a product that has stayed with essentially the same physical design for roughly 4 years. Regardless of how great the iPhone 5 is and 5S will be, I think the "look" of it has become stale to many consumers....and that's unfortunate for a company with Apple's pedigree.
SanDisk Reporting Today
Keep an eye on SanDisk (SNDK) after the market closes. They are reporting earnings today.
Their earnings are projected to impact Apple's (AAPL) stock as well.
Keep an eye on SanDisk (SNDK) after the market closes. They are reporting earnings today.
Their earnings are projected to impact Apple's (AAPL) stock as well.
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