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Amazing pyramid scheme that doesn't get scrutiny from the government regulators since it's part of almost every official's retirement portfolio.
 
It's a strange world we live in.
In reality, the more Apple's stock keeps rising, the worse it is for Apple customers.
That may sound crazy, but what Apple are and have been doing in recent years, which MANY people don't like, is making the markets love them, which will only serve to reinforce Apple to continue even more strongly on this path.

It feels like, it'a balloon that's simply going to burst at some point. How much further is can stretch? well who knows.

It's like you are stuck in a money making slot, and any deviation from that slot could damage profits, so you carry on, along the same slot, even fitting yourself into the slot tighter than ever.

It's a shame that, I personally can see nothing really exciting to come from Apple for the forceable future.

It would be great if they actually had a sub-division, so there was still the monolithic giant, who could not move very fast and dare not try new thing for fear of profits, and another division of Apple, a LOT smaller who could develop new and interesting things, take some gambles, have some fun, and if it didn't work out, then no worry.
 
“The Statement I released about buying millions of Apple stock and saying that I would happily buy 100% of it is not a market manipulation! I repeat: this is not a market manipulation!” Said Warren Buffett while eating his morning Big Mac accompanied by gulps of Coke.
 
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Buffet this morning read Macrumors and heard about the 3 eyed raven. He thought. Hmm that is the best messenger ever. He praised the Lord and voala. Iron Bank has more coins. o_O
 
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Been listening to CNBC this morning ... Buffett talked about making his AAPL buy decisions based-upon watching his Grandkids with their Apple products.

I seriously doubt Buffett knows just how fragile AAPL really is !

Knowledge is Power, & in this case, Buffett appears to have very little !

He does, however, a blind following who would have NO problems following him over a cliff !

So you believe buffets invests some tens of billions because his grandkids like the iPhone? And maybe you wonder how could it possibly be that he’s so rich while you’re not?

It’s luck, just luck...
 
What difference would that make? He's not basing his investment on 1st hand use or emotion. He see's ever increasing subscription revenue. The fact a given version of iOS or Mac OS may not be that great has little bearing on that. It would take several unusable iterations of iOS for iPhone users to bail in any meaningful number to affect subscription services revenue or even iPhone sales.

I have been heavily invested in Apple stock for 11 years. I know exactly why Warren loves the stock. I was simply cracking a joke about Apple’s somewhat poor software quality control. Have a nice day.
 
"a testament to his confidence in the iPhone maker." I remember when they made computers.
Jobs removed the name “Computer” from Apple 11 years ago. He clearly knew where the world (and Apple) were headed.

But it’s all about your definition of the word “computer”. I remember when some didn’t consider laptops “real computers”. So, what’s a computer?

For the last fiscal year ending September 2017, Apple sold nearly 280 million computers (computing devices, if you prefer):

216.8 million handheld computers
43.8 million tablet computers
19.3 million desktop/laptop computers

The 19.3 million Macintosh can be broken down only approximately, since Apple doesn’t give specifics. So maybe something like this:

15.4 million laptops
2.9 million iMac
0.6 million Mac Pro
0.4 million Mac mini

Laptops and iMac are updated yearly, though the exact schedule depends a lot on Intel. It’s my hope that starting this year with Mac mini, and next year with Mac Pro, these low volume (but important nonetheless) products will be updated at least every two years. Hope springs eternal...
 
WB asked Tim about the future of Apple. Tim said that he has gotten iPhone users by their balls. With the yearly upgrade plan, these people ain't going anywhere. So be assured Mr. Buffet, these guys will buy anything that I throw at them. So Apple has reached the state of never-fail!!

Or maybe WB saw how the grand kids are desparate for iPhones and won't eat a single grain until they got the phones in their hands.

What you all are forgetting is that WB is not like Bill Gates or Bezos or Zuck. WB runs the company BH whose job is to do investments and make money for their shareholders. So, WB will say things that will make their investments have higher returns. I don't see any problem with that. What I don't get it is that how blind people can be. They don't look at companies performance, but but in some person's comment.
 
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"I clearly like Apple… we bought about five percent of the company. I'd love to own 100 percent of it," he quipped"

Of course he would quibble... It's money..
 
Apple have been giving away billions of dollars to Wall Street rather than investing in new products and acquisitions. As a customer I don’t think that is good management.
 
I hope Warren Buffet gets his 100 % of Apple, and then re-introduces ports to the MacBook Pro (and all the other great features that have been removed from the MacBook Pro and iPhone). Let's hope !!
 
It would be great if they actually had a sub-division, so there was still the monolithic giant, who could not move very fast and dare not try new thing for fear of profits, and another division of Apple, a LOT smaller who could develop new and interesting things, take some gambles, have some fun, and if it didn't work out, then no worry.

Aren't they doing exactly that? The iDevices and Macs are long mature* and now just getting iterative changes (your monolithic giant).

But in the last few years Apple have also released: watches, home automation, automobile integration, and home audio.

And they are also reportedly working on autonomous cars, a TV, TV shows, AR/VR, non-invasive glucose monitoring, MicroLED displays, and probably secret projects we know nothing about yet.



* Certain Mac models are verrrrrrrrrry mature. :rolleyes:
 
It's pretty amazing to think that an 87 year old multi billionaire wants: more money.
At what point does the game get boring? Apparently it never does for some.

Yo dude what on thiz life u may want more than more bucks and more females 4 you? Boring? LOL u wish 2 be 0.00000001% as smart than thiz old viejo. I wish he would be my grandpa or something ....i could have all the beer and new iPhones that i want. Respect the abuelo man he is the king of the stocks
 
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The real shocker here is that Microsoft has a market cap of 730 Billion. Guess what the their #1 source of revenue is? Friggin Microsoft Office software... a damm word processor, slide show generator, and spread sheet calculator. #2 is cloud services
 
Apple, please please please don't become a slave to the shareholders. Please focus on making great products and don't drop products (monitors, airports) because they don't yield enough profit.
 
Been listening to CNBC this morning ... Buffett talked about making his AAPL buy decisions based-upon watching his Grandkids with their Apple products.

I seriously doubt Buffett knows just how fragile AAPL really is !

Knowledge is Power, & in this case, Buffett appears to have very little !

He does, however, a blind following who would have NO problems following him over a cliff !
I'm sure he has a room of advisors.
 
I have been heavily invested in Apple stock for 11 years. I know exactly why Warren loves the stock. I was simply cracking a joke about Apple’s somewhat poor software quality control. Have a nice day.

Noted. Thanks for the clarification. It's not always easy to spot dry humor around here.
 
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It's a strange world we live in.
In reality, the more Apple's stock keeps rising, the worse it is for Apple customers.
That may sound crazy, but what Apple are and have been doing in recent years, which MANY people don't like, is making the markets love them, which will only serve to reinforce Apple to continue even more strongly on this path.

It feels like, it'a balloon that's simply going to burst at some point. How much further is can stretch? well who knows.

It's like you are stuck in a money making slot, and any deviation from that slot could damage profits, so you carry on, along the same slot, even fitting yourself into the slot tighter than ever.

It's a shame that, I personally can see nothing really exciting to come from Apple for the forceable future.

It would be great if they actually had a sub-division, so there was still the monolithic giant, who could not move very fast and dare not try new thing for fear of profits, and another division of Apple, a LOT smaller who could develop new and interesting things, take some gambles, have some fun, and if it didn't work out, then no worry.
So you don’t like Apple as it stands and you concocted a narrative that rising stock prices are bad for consumers?

I like Apple products, but buy what is best for me, but I’m not fretting that Apple is going south because their stock is going north.
 
You're completely wrong here. He's very aware of where Apple is at. Far more so than you. You're kidding yourself if you think he's been invested in Apple for years purely because of how his grand kids use Apple products. He's researched them thoroughly and understands their earnings and position in the market better than most. You don't get to his level simply by investing in things you see others investing in without further understanding.

Buffet's track record for big tech investments isn't exactly great. Go back and look at how much he lost buying IBM at precisely the wrong time and believing the BS that their CEO was spewing. All he's done here is artificially drove the price way up. He's buying them at the peak of their wave. I don't see any great next thing they are going to do to carry the wave of the iPhone forward when it slows.
 
And your comment proves that savvy marketing, myth creation, and public relations campaigns do actually work. Warren Buffett is the ultimate financial insider, and has been for over a decade. His carefully-crafted "aw-shucks" image and public persona belie the hard-edged reality of the way he has conducted himself behind the scenes while amassing that fortune.

He's been the ultimate financial insider for over 40 years but that doesn't mean he's not aw-shucks and folksy.
 
Amazing pyramid scheme that doesn't get scrutiny from the government regulators since it's part of almost every official's retirement portfolio.
You're talking about Wall Street writ large right? Because that pretty much sums it up, we just think we need this kind of economic activity because (as you said) we tied our "retirement" to this scam for the long haul.
 
Buffet's track record for big tech investments isn't exactly great. Go back and look at how much he lost buying IBM at precisely the wrong time and believing the BS that their CEO was spewing. All he's done here is artificially drove the price way up. He's buying them at the peak of their wave. I don't see any great next thing they are going to do to carry the wave of the iPhone forward when it slows.

Apple stock is perhaps the most manipulated tech stock in the market. Just rumors alone drive this. I have my sell triggers set on it already on my stock, but I hope it continues to thrive. I am indifferent towards their products, but the stock itself is a different beast in that it moves daily.
 
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