Yeah sure, someone is eager to sacrifice their livelihood to support a company, which will not even spend money to buy you a ******* after you are dead because of your sacrifice.
Tough decisions. I know, tough decisions.
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Apple's Market Valuation Drops Below $2 Trillion as Stock Price Continues to Fall
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Tough decisions. I know, tough decisions.
Why do people say this every time the stock goes down? five months ago people were saying the iPhone 14 was going to cost 10% more. 26 months ago people were saying the iPhone 13 was going to cost 10% more. Companies don't set prices based on month-to-month fluctuations of the stock.
The issue is it's one thing to say I choose iPhone over vacation etc and another to choose iPhone over rent food car payment.... I think the funny ones are the ones who get all these iPhones at launch and then get suspended because they didn't pay the bill DUH....
Bearing in mind that Apple was/is the most valuable publicly traded company in the world, then I think this recession of sorts will act as a correction. I can’t see it recovering as it will have lost the hype and momentum which skyrocketed the share price
Today is a better day
TSLA 112.56 +4.46 (+4.12%)
As of 02:35PM EST. Market open.
APPL 125.77 +0.70 (+0.56%)
As of 02:35PM EST. Market open.
As you can see Apple is currently #1 at $2.077 T
Ok but the same sort of thing can be said about many other tech stocks. Many of them arguably became "overvalued" and are now facing "corrections." You can't blame too much of this on an "Apple being stagnant, boring and/or coasting on decades old innovation" issue as plenty of other tech stocks have seen notable declines in the past year, even worse than Apple's.
Like a lot of people, I used to buy iPhones every new release but went from a 12 back down to an 11 pro, and have kept going with that.
Why?
The 12 has 5g, and better cameras etc, more processing power, and so on, but the 11Pro has 4g which is plenty for me, the cameras are great (and I have professional cameras anyway for anything serious), and everything else (computing power etc) is practically the same in every day use. I think the design language is far more exquisite when compared to later models and much more comfortable. That’s personal taste, I know, but I think Apple went the wrong way with design with the 12. Also, a used (new condition) 11pro with 256gb is now about ⅓ the price of a 14pro.
My point is that I doubt I’m the only person in the world who doesn’t feel the need to keep upgrading year on year. I can’t see anything compelling enough for me to feel like dropping another 1k plus on a new phone for maybe another 2 or 3 years.
Sure, I’m probably in a minority here, but with Apple iPhone volumes even a minority is going to be significant numbers.
If a new SE is released in the shape of an 11 I’ll consider it if only for the 5g.
Why?
The 12 has 5g, and better cameras etc, more processing power, and so on, but the 11Pro has 4g which is plenty for me, the cameras are great (and I have professional cameras anyway for anything serious), and everything else (computing power etc) is practically the same in every day use. I think the design language is far more exquisite when compared to later models and much more comfortable. That’s personal taste, I know, but I think Apple went the wrong way with design with the 12. Also, a used (new condition) 11pro with 256gb is now about ⅓ the price of a 14pro.
My point is that I doubt I’m the only person in the world who doesn’t feel the need to keep upgrading year on year. I can’t see anything compelling enough for me to feel like dropping another 1k plus on a new phone for maybe another 2 or 3 years.
Sure, I’m probably in a minority here, but with Apple iPhone volumes even a minority is going to be significant numbers.
If a new SE is released in the shape of an 11 I’ll consider it if only for the 5g.
I don’t know how much this affects Apple but my entire family has bought most of their Apple products used or refurbished. $2500 for a computer, especially in these times, isn’t reasonable. My wife is still on her IPhone 11 and me on my 12 with a 2009 and 2015 MacBook Pro laptops.
I used to get a phone every other year but not so any more. Most people we come in contact with are doing the same. FWIW
I used to get a phone every other year but not so any more. Most people we come in contact with are doing the same. FWIW
The (unpopular) answer is that Apple, like many other companies, price their products based on the value they believe customers will get out of it, rather than simply slapping a 30% premium on top of costs and calling it a day.
That’s why you have people paying the prices they do for coffee from Starbucks. Its value comes not from the drink you get, but the context under which said drink is consumed.
So while an M1 chip may be cheaper to make than an equivalent intel chip, because it offers the user better performance and battery life, Apple is not unjustified in charging users the same price or even more for it, because they are now technically getting a way better product than they previously were.
This feels like Apple attempting to both have their cake and eat it too. Reap the savings from not having to pay Intel’s prices, while continuing to charge the same price because customers have proven that they are willing to pay. And Macs are now pretty comparable to Windows PCs in terms of price vs performance.
So what? That's nothing. AAPL daily trading volume regularly surpasses 70M shares. For example, on 9/16/22 it was over 162M.
Only if Apple were selling stolen products and the buyers were getting arrested.
Interesting that Drake created a song JUST to reflect this!There is?
Well, if your friends will make fun of you for sending green bubbled text messages then they're not really your friends.
That said all the haters against iMessage should applaud Apple as it took Google 4 attempts to get messaging a specific direction or shall I say industry standards caught up to Apple’s iMessage (beyond SMS/MMS) to creat PCS or whatever it’s called. Yet Goggle couldn’t get it right themselves and stay focused on messaging. That’s sad really.
But there is a social affect.
Example the majority of iPhone users in N. America are actually female. Cannot recall where I say such a report in 2022 but I do recall that.
2023 is going to be an amazing buying opportunity. Your future self will be grateful.
You better sell and cash the profits before it collapses after the vision thingy flops badly 😉Woops.
It’s exactly because you’re good that it’s a good moment to sell. Or you’re planning to sell when you’re losing money?