I remember the same being said for the 4->5.
What did we get in September 2011? The passing of Steve Jobs, and a 4S.
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Apple's Stock Soars Past $1,000 Pre-Split Price as Bulls Think 'Golden Opportunity' to Buy Remains
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What did we get in September 2011? The passing of Steve Jobs, and a 4S.
would be a HUGE blow if they release another, while great, lackluster device like the 7
a ultra premium device has to be coming
The hype train is here and they can't blow this oppritunity
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a ultra premium device has to be coming
The hype train is here and they can't blow this oppritunity
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not right now though
Check my past posts. I pounded the table at $88. IIRC mid May. People asking why buy should note that in 2016 AAPL had about 36.9% return on equity. It has a P/E ratio of about 17.2 which is kind of market average. For example Oracle is 21 and Amazon is 177. AAPL has recently been near 9. The next phone upgrade cycle is expected to be above average.
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I'm not sure why you put "investors" in quotes. They have real money on the line to make or lose. Wall Street is mostly moved by funds these days - pensions, ETF, Mutual, etc. These managers absolutely keep up with the companies they follow. If they didn't it would be the definition of negligence. They are not concerned about the 5% of revenue that Macs represent. They are looking at the 65% of revenue that iPhone is and seeing the huge potential with a "blockbuster" phone of that # increasing significantly in the 1st Q (holiday season). It's a bet on that proposition only. Anything else Apple does positively is whip cream.
I agree TC is full of hot air with his annual loaded pipeline exclamations, but Apple is about iPhones these days and the numbers guys are looking at higher sales and profit growth there, not the next iMac.
Well if i were a big investor and saw a good up trend continuing...i would sell lots of stuff now, make the stock go down a bit and buy a lot more
.So never say never!
I'm sorry but what is this atmospheric market valuation based on?
From an investment standpoint, then the lion's share of your revenue comes from one product line (iPhone), which is part of an overall market (smartphone) which is seeing increased stagnation after 10 years, that's not a position I'd back.
In other words, lots of risk. Especially when as a company, Apple commands less than 5% of the global desktop market, and the tablet market has cooled. Their 'pro' laptops aren't exactly pro these days, and carry mediocre hardware to boot. The Mac Pro hasn't been updated in years. Watch is a niche market, and TV is still at best a hobby to Apple and doesn't seriously compete with products like Roku, Chomecast, Fire stick, etc.
So again, where is this bullish sentiment coming from? I like and use Apple products, but I'm at a loss with this.
From an investment standpoint, then the lion's share of your revenue comes from one product line (iPhone), which is part of an overall market (smartphone) which is seeing increased stagnation after 10 years, that's not a position I'd back.
In other words, lots of risk. Especially when as a company, Apple commands less than 5% of the global desktop market, and the tablet market has cooled. Their 'pro' laptops aren't exactly pro these days, and carry mediocre hardware to boot. The Mac Pro hasn't been updated in years. Watch is a niche market, and TV is still at best a hobby to Apple and doesn't seriously compete with products like Roku, Chomecast, Fire stick, etc.
So again, where is this bullish sentiment coming from? I like and use Apple products, but I'm at a loss with this.
But it isn't just an iPhone company. Economically the iPhone makes the most money. But do you think a majority of all of the Apple employee time is spent on the iPhone? No way. iPhone is the focus, it is larger than any other piece of the company. But it isn't 50% of it.
Yeah. My stupid luck. I was holding on to AAPL shares for years and finally unloaded half of my shares in January. Now it is on a tear!
Well... look at this way... if shares go down, Apple can release a new mac pro and that is it! confidence gained again.
Apple's games is that... they are making money, their plan is not computers or innovation but make money, they do not care about your wants or needs, they want you to buy their stuff.
So... why do they have to come up with a new iMac or Mac pro if they are doing well? why burning those ships? Those are cards they have when things go bad. They already reached their goal into be such huge company.
The services, the ecosystem, the retail stores...
Apple's retail stores make money hand over fist. Not just from iPhones, but from accessories. Apple also makes money from the Genius Bar. A lot of people do repairs whether it be logic boards, displays or hard drives.
People love their iPhone and are more enticed to get a Mac or iPad. The iPhone will remain a cash cow. AirPods and Beats are very popular. There are a lot of revenue streams and probably more innovation to come.
The iPhone 7 is pretty good phone. The only thing about it is lack of new design. For that very reason I did not upgrade.
Just because Apple MAY release an iPhone 8/anniversary this year doesn't equal more buyers. People aren't going to buy an iPhone 8 AND an iPhone 7s and I can't imagine there are potential buyers sitting there thinking "mmm I want an iPhone but they just haven't cut it for me until now".
Of course not all Apple employees work on the iPhone. Some of them work in marketing and advertising. Ha ha.
OK, seriously, yes, Apple is predominantly a phone maker. It's other products are accessories for the iPhone. That is how Apple's revenue shakes out and how it metes out how big each department is and their R&D budget. The latest iMac was released in the fall of 2015. That is hardly a signal that Mac is a priority. It's an additional source of revenue, the the chief source. That would be the iPhone.
So when Apple is looking to harvest new sources of revenue where has it been going -- to new Macs and iPads, no. Those are back burner products with no set release schedule. It goes to China and India to push iPhone. It goes to Apple Music subscriptions and iTunes video rentals. So, yes, Macs and iPads and ATV play a part in Apple an Apple is still supporting them, but lets not fool ourselves it doesn't view them as where it needs to spend the majority of its resources to get current growth.
When the Wall Street analysts are pricing AAPL they are solely looking at potential revenue growth. They are agnostic where the growth comes from but also realistic. The only places where there is real revenue growth potential right now is is iPhone and services.
When the 7 was announced people online were saying it was disappointing, but sales of the device tell a completely different story. LOTS of people purchased it.
The new MacBook Pro absolutely slays and most 2016 MBP owners can't be happier with it. That's because they actually bought it and loved it, rather than looked at the paper specs and scoffed.
Don't believe the negativity here; the MacWhiners are the exception to the rule. Just reading this website, you'd think that everybody hates the 2016, but that couldn't be further from the truth.
Heh, MacWhiners.com
I remember when someone in late 1990's asked me that they wanted to buy $1000 worth of technological stock and what would be a good option. I suggested Apple stock because Steve Jobs recently came back to Apple and it's stock was less than $20 a share and that we should see improvement and maybe double.
Years later he came to me and said that was the best investment he ever made.
Years later he came to me and said that was the best investment he ever made.
I agree. The markets have already factored in that iPhone 8 will launch in Sept and will be a smash hit. If that doesn't pan out in the way they expect the pension funds will all sell and take their profits with them.
The smartphone market isn't really seeing stagnation. And even when it does, the market for smartphones is basically all human beings over the age of 10. That is a pretty big market. Apple has only a small portion of the 8 billion people on this Earth as customers right now. Yes, many can't afford the current version of the iPhone. But they do buy smartphones.
Yes it was. There was a clear difference between iPhone 3, iPhone 4, iPhone 5 and iPhone 6. Not since the first 3 iPhones did we have similar design language and that was understandable at the time. The iPhone 7 can really be considered a iPhone 6SS.
I love my iPhone 7 Plus but the design is old in the tooth but I wouldn't be surprised if Apple milks it for another year.
I agree they are pricey. But all new MBPs have been and that'll drop in time.
There is no evidence of that. The only Apple prices that fall are for products at the end of their life like the MBA. The MBP will not fall in price over time. Apple knows that as Mac users we don't have any choice but to pay what Apple demands so they will continue to squeeze us all for every penny they can get away with.