From the same person who predicted a doom and gloom Q1, I’d say your predictions don’t have much weight.
Have you seen the guidance for Q2? Explain how sales can be down when Apple is guiding for a record quarter?
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Apple's Stock Price Reaches All-Time High Above $180 After Warren Buffett Praises iPhone Maker
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From the same person who predicted a doom and gloom Q1, I’d say your predictions don’t have much weight.
Have you seen the guidance for Q2? Explain how sales can be down when Apple is guiding for a record quarter?
Yeah but hashtagfiretimcook!!1!
/s
Just when people say that Apple has reached its peak and it’s all downhill from here... Apple is expanding into health, transportation, artificial intelligence and home automation. Each of these are or will become trillion dollar industries moving forward.
/s
Just when people say that Apple has reached its peak and it’s all downhill from here... Apple is expanding into health, transportation, artificial intelligence and home automation. Each of these are or will become trillion dollar industries moving forward.
Wow ... during the time you wrote this response, you could have been tracking down more stocks to purchase or maybe you are paid to write these responses. Keep up the good work though, folks like you need to continue to convince "regular" folks that they too "have a chance", that's how you control the masses.
Apple should be dynamic in the tech industry over the company they were once 20 years ago, they should be expanding into different avenues, technology is a constantly evolving and it’s not just about products they offer anymore. They should strengthen their infrastructure and venture into new projects. Rather these new projects be successful in what they are allegedly dabbling into, could be a different result. But nonetheless, Apple is more than just a product company anymore, they’re seeking different tangents as a technology for the future, health being one of the major advancements.
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Buffett doesn't even use an iPhone, so what does he know !
He benefits from knowing most people would blindly follow him over a Cliff !
He benefits from knowing most people would blindly follow him over a Cliff !
Woah, woah, woah. Let me stop you there. You're using the wrong brokerage. Robinhood. Zero fees. Use this link and both of us get a free random share when you sign up:
http://share.robinhood.com/taylorm149
Other than that, you've convinced me to hold.
The issue is that I think Apple's earnings have just about reached their peak. Apple doesn't seem to have any more compelling products anymore. It seems like they just keep pumping out buggy updates on the software front with nothing new or interesting there, and on the hardware front, they seem to have run out of ideas for any ideas for features that people want (or at least, features that they want enough that they're willing to pay the prices that Apple is naming.)
An iPhone is a computer. A very fast and powerful computer. It runs Basic programs (several in the App store) far faster than an Apple II, an original IBM PC-XT, or even a large DEC mainframe. For another user programmable computer, you can run Swift in an iPad Playground... often faster than a IBM 360 or even Cray XMP supercomputer could run the equivalent Fortran code.
All the rest is eye-candy.
AAPL just grew eps 13% y/y.
You're not paying attention. They can do nothing but buyback shares (zero growth) and increase eps substantially.
"Buggy updates" is a generic, generalized phrase that has really no relevance to the stock price. iOS 11 was bumpy, but much of it has been fixed and it works great at this point.
Apple has much more than just the iPhone growing and the installed base keeps getting bigger. Remember, they just sold 83M iPhones on a 14 week basis (To normalize the 78M sold last Q1) so the demand is still there.
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I am a Buffett historian. I know all about his IBM investment. IBM and Apple are very different companies. Apple is a consumer products company, something Buffett understands very well. Apple is more successful than ever...IBM is and has been trying to transform. Totally different situations. Ultimately, IBM was in position and didn't execute. Apple has better management, better earnings, more cash, a better moat, a stickier product, and AMZN is not eating their cloud lunch as with IBM.
Buffett isn't god (although close to it in stocks) but he still didn't lose money on IBM. He probably about broke even or even made a small amount when you consider the dividend. He got out and moved into AAPL.
I can point to 10 successes for 1 failure with Buffett, so trying to say the IBM path will be the same for AAPL is just cherrypicking. Buffett understands consumer products, period.
Nothing is guaranteed, but I'd rather Buffett own AAPL than not. You think Buffett buying it means it will fail? Good luck.
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Bubble. Warren is getting Senile. Q2 call will change things.
I took a screenshot of your stupid post and will remind you later
I'm glad someone understand it and follows AAPL as closely.
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You're focused on the wrong products/revenue streams.
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Words and $28B. He's only talking about it because Berkshire bought 166M shares. Don't talk about what you don't understand.
Essentially, he's put his money where his mouth is. He also wouldn't tell you what he did at all unless he were legally (13F) required to do so by the SEC. He's not touting the stock at all.
maybe for apple, but not for apple customers. i would say he's done really terrible job.. especially regarding macs. their money is increasing mainly because they are ripping off their loyal customers. sooner they fire cook and people around him, better
Buffett is required to report his holdings and it's naturally going to be big news when he's amassed $28B worth of a single stock. Buffett isn't making rounds touting his decision to inflate the price. This is public information.Hard to get too excited about a self serving comment from Warren Buffet AFTER he already purchased a large chunk of Apple.
The market is for insiders, always has been and always will be that way. By the time the "news" gets to regular folks, it's too late.
You could have purchased this stock for $150 well after he's already purchased the shares. There are always opportunities.
You also could and should have bought AAPL stock earlier. They report their domination every single quarter.
Sales and revenue are not necessarily connected. We saw that last quarter where iPhone SALES were down but REVENUE up thanks to the iPhone X's high price point. Another recent example of this is the original iPad Pro 9.7. Unit sales of that device were flat but they were priced about $100 more than its predecessor. So iPad revenue increased even as sales were flat.
While Apple is always conservative with its guidance and consistently beats it, it's 2Q guidance is disappointing. It certainly underwhelmed short term Wall St holders which were looking for a minimum of $65b in revenue with help from iPhone X. It's clear from the actions of Apple suppliers like Samsung that the X is not meeting Apple's sales expectations otherwise Samsung wouldn't be trying to offload the panels it reserved for Apple.
Not if Wall St can help it... They'd rather one of their 'darlings' reach the $1T level. APPL is not a favoured stock with many brokers. One actively tried to talk me out of buying APPL in 2010.
Dividend or buyback, Apple should do something with its cash that it is bringing back from overseas. And I believe that the longer it keeps that cash around, the more likely it is for Apple spend it in a way Apple has not done in the past. I'm talking about acquiring another large company or getting into a new business model (like video content creation, or car manufacturing).
I heard Kylie Jenner tweeted about switching from iphone to Galaxy 9.
iPhone sales weren’t down. Q1 2017 had an extra week. Adjusted for that sales were up.
Since when do fabricated and over-inflated Wall Street predictions count? So people can claim disappointment when Apple misses their made-up numbers?
Apples record Q2 was $58 billion in 2015 (the iPhone 6 launch). Since then they did $50.5 and $53 billion. They’re guiding for $60-62 billion. In what world is that considered a disappointment?
Do you actually believe rumors about sales based on rumors about production cuts? I mean, it’s not like we get these same predictions every year.
No junior. Because iPhone sales will be down in Q2 from lack of demand, and Q3 from waiting for the new iPhone. Don't base your outlook on Q1 or Mr. Buffet. Don't forget his has a 30% stake in AAPL. Say some positive things boost the stock. Self serving. May pay off in the short term very well for him.
p.s Try to was up on the childish responses. It's unproductive.
Yeah because shipments will decline so much in the next months and Apple will be doomed.
They make 90% of the profit in the industry!!! And as soon as they launch the Airpower and the new iphones the stocks will just continue to go up.
Witch stock should they buy? Google? Amazon? If Apple updates Siri it's bye Amazon.
And don't call me junior again please, my name is clearly stated here on the left.
Also gives a sense of the extent to which he can affect the value of his holdings with a few favorable public words.
That's not going to happen to the world's most valuable publicly traded company. Tim Cook will retire some day, on his own terms. I am both a small AAPL stockholder and a consumer of Apple products. I use my Apple dividends to purchase any Apple products that I might want or need in a given year. I'm happy with both my stock valuation and my product purchases. If the products were lousy and people didn't want them (phones, MACs, accessories and services), the stock price would drop like a rock. Its at an all-time high which means Tim Cook will be getting a compensation bonus. "According to the (annual proxy statement) filing, Apple's CEO Tim Cook received total compensation of $12.8 million in 2017, which was 47 percent higher than the prior year. The compensation includes a $3.06 million base salary and a $9.33 million Non-Equity incentive plan compensation and $440 thousand of other compensation."-NASDAQ, Dec 28, 2017
Apple's board is obviously happy with Tim's work, he got a 47% raise.
