I miss the days when the products Apple was actually selling drove stock prices up.
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Apple's Stock Price Projected to Keep Rising on 'iPhone 8' Optimism
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In all fairness, none of the other Half-Trillion Dollar Companies are updating their's either.
To summarise then:
'There's no accounting for taste'
Not many companies out there could do so well after churning out updates for years. But to do that in an ever changing market like electronics is a helluva feat.
2017 is the year of make or break. When the brainwashed followers might be shocked into realising there is competition out there as well.
Reputation can only last so long until people begin to question why they're paying a premium for a name alone.
But then Apple have been trading on their (past) reputation for years and still are.
But what do I know?
("Very little, evidently"-Ed.)
'There's no accounting for taste'
Not many companies out there could do so well after churning out updates for years. But to do that in an ever changing market like electronics is a helluva feat.
2017 is the year of make or break. When the brainwashed followers might be shocked into realising there is competition out there as well.
Reputation can only last so long until people begin to question why they're paying a premium for a name alone.
But then Apple have been trading on their (past) reputation for years and still are.
But what do I know?
("Very little, evidently"-Ed.)
Here’s my prediction, how many people on Apples yearly iPhone upgrade plan are going to be disappointed when they realise they don't qualify for an upgrade to an iPhone 8 but merely a 7s/7s+?
Thanks MacRumors for driving up stocks.
Any chance the countless threads on 'Mac Pro', 'Mac Mini' and 'Apple forgotten the Pro Market' are noticed by Apple?
Any chance the countless threads on 'Mac Pro', 'Mac Mini' and 'Apple forgotten the Pro Market' are noticed by Apple?
That is the highest it has reached, but not the highest it has CLOSED.
http://www.nasdaq.com/symbol/aapl/historical
Next stops:
$142.86 ----> $1000 a share pre-split (this figure was very much ridiculed here on MR back in the days, now we're 2% shy of it)
$190.30 ----> at this level, Apple will become the first trillion dollars company in history for market cap.
Despite the recent run the stock is still severely undervalued at P/E <17 versus an industry average of 25. Microsoft has a P/E of 30.
<nostradamus mode>
During the next months, the stock will skyrocket, only to crash in a typical "sell the news" setup after or just before the iPhone introduction.
Those who will not panic will be greatly rewarded next year.
</nostradsmus mode>
$142.86 ----> $1000 a share pre-split (this figure was very much ridiculed here on MR back in the days, now we're 2% shy of it)
$190.30 ----> at this level, Apple will become the first trillion dollars company in history for market cap.
Despite the recent run the stock is still severely undervalued at P/E <17 versus an industry average of 25. Microsoft has a P/E of 30.
<nostradamus mode>
During the next months, the stock will skyrocket, only to crash in a typical "sell the news" setup after or just before the iPhone introduction.
Those who will not panic will be greatly rewarded next year.
</nostradsmus mode>
Apple just reported an average iPhone selling price of $695 for the last quarter. If the reports are true and the iPhone 8 will cost $1000+ that's a big jump. I'm sure they will sell a lot to the Apple faithful but beyond that I think it might just be too expensive for most people.
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Let's not even pretend 2017 OLED displays are the same as 2012 OLEDs..
As usual, everyone gets there hopes up for a new iPhone to be on the leading edge of todays technology only to be disappointed as was the case with the macbook pro line
Right... but that's not what I was talking about. OLEDs haven't improved that much since then either.
They are so rich and big - they could do both: Make a new iPhone every year AND update their Macs regularily. If I buy something I like to have the feeling, that the producer of that thing has the ambition to make it outstanding - the perfect thing for that purpose. I don't have that feeling anymore with Apple in regards of their Computers - 2 or 3 years old hardware just doesn't cut it anymore...
Yeah, if the iPhone gets anymore expensive it starts to breach the journalist can't afford it barrier. And that is a major issue. Because with Android phones getting cheaper and better, the tech journalists (who know how to use an Android phone just fine) are going to struggle to own an iPhone that costs $1,100 as their daily driver. That will be tough to justify when there are nice Android phones that cost $400.
No a phone that starts at over a grand will not have 32 gb. Currently the 4.7 iPhone 7 with 32 gb is $649. They aren't raising the price by 50% and leaving that spec unchanged.
Now 64gb, well that might be on the table. But the Jet Black 4.7 today starts at $749 with 128gb. So I don't think a much more expensive phone will start with 64gb.
How about starting from the iPhone 1? It was a general statement discussing apple methods. Whether you liked a keynote or not is fine and dandy but wasn't the point.Identical design 4th year running.....I doubt the 7s/7s plus owners will be too cocky. It's like owning mac hardwaresure internal bumps .... though nothing groundbreaking
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Camera and cpu spec bumps ? Can I ask what you are referring to in relation to famous functionality updates, 2015/2016 were the worst keynotes in history in my opinion.
why? Is the iphone 4 under jobs somehow better than the iPhone 7 under cook? And I have some of their products and we like them. But to each their own.
They can't do that because the current iPhone 7 will be an iPhone 10 (X) in six years time (7s,8,8s,9,9s,X).
I like it! They could release an iPhone 7s with the normal pricing and a spec bump. And then simultaneously release an iPhone X (10th anniversary edition) at the higher price.
So the stock is rising on silly "super cycle" nonsense and then will come crashing down again when sell side analysts start worrying about "tough comps" and the successor to iPhone 8 (or whatever they call it) being just an "S" release. Rinse and repeat every few years.