Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
If the stock prices could be easily explained, we would all become rich (or, actually, nobody would, because if prices could be predicted, there would be no chance of arbitrage).

Essentially, the market (that is, a chunk of big investors who move the market) thinks that Apple can still grow its profits in the near future, the iPhone sales being only one of the factors why they think so.
Whether they are right or wrong, nobody can know. Also, these oscillations are often provoked by those seeking a very short term gain, trying to buy low and quickly reselling high.
To add to this.... It doesn't really matter if they are right or wrong....Market makers/movers will just take any profits from the stocks inflation before it drops (they will be the cause of the drop with high volume selling)....Leaving retail investors holding the bag.... Wash rinse repeat
 
  • Like
Reactions: JoeSilver
That’s the thing: I haven’t used them in a few years, so I no longer have the hands-on experience that drove me to the Apple ecosystem and no updated knowledge about whether they’re now superior. I stay because the experience is good enough to keep me from considering switching back. I’m sure I’m not the only person like that.
Preaching to the choir. For ease of use and reliability, you can't beat a company that makes the OS, the hardware, and tightly integrated apps. And a sea of other apps that have passed inspection in the app store. The Windows/Android market is so fragmented that it's sometimes even hard to know who to call if support is needed.
 
It’s so funny to me how tech bloggers and some finance bros keep mentioning how Apple is behind on AI and it never seems to matter. AI has its uses in enterprise but most people just don’t care about it. I’m a fan of tench, certainly not a deeply invested kind, but I like it as a hobby and I barely use AI because it’s not that useful. It seems pretty clear it’s a bubble whereas Apple keeps making solid hardware that sells.
AI is the new social media fad. Just like social media was hyped to revolutionize everyday life (some better but mostly for the worse) for the average folk so is AI being promoted to do the same. Except it will just be another add-on to the internet like social media, IoT, etc.

People still need hardware devices and stable software (preferences aside) to access the internet and capture special moments and relive them by listening and watching those special moments. Unlike AI it’s helpful in some instances but mainly a distraction (one could say iPhone is a distraction but it’s debatable).
 
  • Like
Reactions: CoMoMacUser
Preaching to the choir. For ease of use and reliability, you can't beat a company that makes the OS, the hardware, and tightly integrated apps. And a sea of other apps that have passed inspection in the app store. The Windows/Android market is so fragmented that it's sometimes even hard to know who to call if support is needed.
Right. One major reason why I switched to the iPhone about four years ago is OS updates. With Android, you're at the whim and mercy of the device vendor and mobile operator. (I had a Nexus and then a Galaxy.) If your Android is too old for them to invest the time and money to continue supporting, then slowly you lose apps as developers start requiring the new OS for security and other reasons. I don't know if the Android ecosystem has narrowed the gap in this regard.
 
A good reason to always manually verify when it comes to ChatGPT responses. In yours, it is saying that 2 x 2 x 2 x 7 x 4 = 112, incorrectly. I mean just take a calculator and you will see that equals 224. And if you Google, there are a bunch of credible news stories confirming that 1 share of Apple stock before any splits = 224 shares nowadays.

Yes I always do for mission critical information and even here corrected quickly (not that this forum is unimportant — it helped me choose a MacBook Pro over a desktop earlier this year). I have lectured countless people, including in this forum, about relying only on primary sources and never on secondary sources. This is why the firsthand accounts in the forums are so helpful.

EDIT: Oops, I missed your follow-up replies before commenting this!

Thanks Joe!
 
  • Like
Reactions: Joe Rossignol
Yes, Apple is behind in AI. And last time AAPL was this high it was coasting on Apple Intelligence hype.

As soon as that was exposed it plummeted.

[…]

You might, or might not, come away with a different opinion if you take a look at the Apple Intelligence announcement, developer beta, release, and stock peak and crash. Other stocks crashed too like MSFT, so there could be another explanation for the crash.
 
  • Like
Reactions: citysnaps
Right. One major reason why I switched to the iPhone about four years ago is OS updates. With Android, you're at the whim and mercy of the device vendor and mobile operator. (I had a Nexus and then a Galaxy.) If your Android is too old for them to invest the time and money to continue supporting, then slowly you lose apps as developers start requiring the new OS for security and other reasons. I don't know if the Android ecosystem has narrowed the gap in this regard.
Are four yearly upgrades enough, considering how rapidly technology evolves these days?
 
  • Like
Reactions: CoMoMacUser
Are four yearly upgrades enough, considering how rapidly technology evolves these days?
For some users, sure. I would still be using my 11PM if it didn't develop a firmware bug that required me to replace it with a 15PM last year.

That also highlights the hardware aspect: In my experience, Apple batteries have longer service lives. My 11PM was still over 90% after three years. Even my OG iPad still holds a charge like when it was new, although of course there's not much I can use it for these days.

Apple isn't perfect, but overall I'm pretty satisfied.
 
  • Like
Reactions: citysnaps
To add to this.... It doesn't really matter if they are right or wrong....Market makers/movers will just take any profits from the stocks inflation before it drops (they will be the cause of the drop with high volume selling)....Leaving retail investors holding the bag.... Wash rinse repeat
The takeaway for the individual investor is, ignore the market movers and makers, and your lizard brain. All of them will mislead you into making bad decisions. Your goal is to be an investor, not a trader. Buy, hold, diversify. These are the not-secrets to successful investing. Do this, and you will never be caught holding any bags, except of money.
 
For some users, sure. I would still be using my 11PM if it didn't develop a firmware bug that required me to replace it with a 15PM last year.

That also highlights the hardware aspect: In my experience, Apple batteries have longer service lives. My 11PM was still over 90% after three years. Even my OG iPad still holds a charge like when it was new, although of course there's not much I can use it for these days.

Apple isn't perfect, but overall I'm pretty satisfied.
While you were using that 11 Pro Max, you didn't use an Android phone simultaneously, so you can't really compare the difference, can you?
 
The biggest takeaway from this thread Is that @Joe Rossignol and I and probably others turned to an AI chatbot and not Google Search to answer @vartanarsen’s question. Exhibit A as to why Apple needs its own AI text chatbot called Apple Intelligence, not just a voice assistant. The default interface of every AI chatbot is text, not voice. It’s still early. All those Meta hires demonstrates how much AI talent Apple already has. I’m sure Apple is also aggressively recruiting.
 
Genuinely curious: if money were no object and you were forced to pick, would you rather have Tim or Mark as your boss?
 
Last edited:
The takeaway for the individual investor is, ignore the market movers and makers, and your lizard brain. All of them will mislead you into making bad decisions. Your goal is to be an investor, not a trader. Buy, hold, diversify. These are the not-secrets to successful investing. Do this, and you will never be caught holding any bags, except of money.
Don’t forget Uncle Sam will be right by your side demanding some taxes to pay on those bags of money 🤭
 
While you were using that 11 Pro Max, you didn't use an Android phone simultaneously, so you can't really compare the difference, can you?
Only in the first several months after switching from the Galaxy S8 to the 11PM, until one got an OS upgrade.
 
You might, or might not, come away with a different opinion if you take a look at the Apple Intelligence announcement, developer beta, release, and stock peak and crash. Other stocks crashed too like MSFT, so there could be another explanation for the crash.

How about the announcement of delayed features? I distinctly recall the slide coinciding with the realisation the emperor had no clothes (and I was skeptical from the start that they could turn around Siri that quickly after a decade of inertia).

Still, maybe it was a confluence of factors, or just coincidence.
 
Maybe Siri and AI aren't really that important to many or most consumers. I'm one of them. I've never used Siri or Bixby when I had a Galaxy S8.
 
Only in the first several months after switching from the Galaxy S8 to the 11PM, until one got an OS upgrade.
Why not try the newest Oppo, OnePlus, Xiaomi, Redmi, Vivo etc and then share your thoughts on the differences? Or discuss why iPhones are lagging behind?
 
New High
Just goes to prove when Apple comes out with a superior new iPhone new highs are achieved
Same old same old for years just drags the stock down
 
Good for all shareholders/investors. Will be an excellent quarter for Apple. Think Apple will shortly reach $4 Trillion Market cap.
 
  • Like
Reactions: mganu
Apple is not unbeatable, if they didn’t give the customer more features in this iPhone 17 they would be in serious trouble. Their strategy of doing the bare minimum in terms of features and using the cash to buy back the stock would not have worked in this environment.
The problem is that critics have been wrong time and time again as to why they believe Apple will fail. First, it was price. Then specs and software features. Then smart speakers. Folding phones. Now AI. The list goes on.

We really need to start learning to explain Apple’s success, not explain it away every opportunity we get. 🙄
 
  • Like
Reactions: RMMediccc
Why not try the newest Oppo, OnePlus, Xiaomi, Redmi, Vivo etc and then share your thoughts on the differences? Or discuss why iPhones are lagging behind?
Because I don't feel the need to revisit the Android ecosystem right now. Currently I'm pretty satisfied with the iPhone. If that changes, then I'll see what Android offers.

Same for Windows. I got my first Mac in 1990 and have switched back and forth over the decades. Currently I'm pretty satisfied with Mac hardware and the OS.
 
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.