Trust Goldman Sachs to prop up the share price a day before this news comes out, Im sure they knew all about it beforehand.
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Citi Analysts Suggest Apple Will Miss Its Own 2Q 2013 Revenue Forecast
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so it's not only the analysts that are the problem. you and your panicking are to blame too.
And who do you suggest as a replacement running the biggest company in the world? Balmer or Dell would hurt the stock price. Sergey and Larry aren't doing so well running Motorola. Zuck doesn't know much about manufacturing is such massive volumes. Ive isn't going to abandon his design lab to spend all his time on corporate stuff with investors, telcos, governments, HR, and etc. Ellison? With a new Apple-logo yacht?
linkbait
old linkbait formula = put "apple" in headline and proclaim they went beyond all sales expectations
new linkbait formula = put "apple" in headline and proclaim they won't meet your expectations
i realize citi is also suggesting that apple won't meet their own expectations so i say we hold them accountable...let's hold city accountable because they are only as good as their predictions whereas apple is infinitely more valuable no matter what worthless analysts predict.
old linkbait formula = put "apple" in headline and proclaim they went beyond all sales expectations
new linkbait formula = put "apple" in headline and proclaim they won't meet your expectations
i realize citi is also suggesting that apple won't meet their own expectations so i say we hold them accountable...let's hold city accountable because they are only as good as their predictions whereas apple is infinitely more valuable no matter what worthless analysts predict.
Shouldn't it be the other way around? Their stock drops because they don't sell enough.
I like how your analogy is relevant to your username
Or... The stock drop because they sell too much
i think the reason for the low sales is because of the absence, delay of new products. i'm still waiting on the mac pro and iphone 5s.
are you on the wrong forum? since when does apple throw money at things and not control the entire experience? what you're suggesting is a half-assed solution to a non-existent problem (too much money).
And who do you suggest as a replacement running the biggest company in the world? Balmer or Dell would hurt the stock price. Sergey and Larry aren't doing so well running Motorola. Zuck doesn't know much about manufacturing is such massive volumes. Ive isn't going to abandon his design lab to spend all his time on corporate stuff with investors, telcos, governments, HR, and etc. Ellison? With a new Apple-logo yacht?
I really did not matter who replaced SJ. It could be a genius and he/she would never live up to the expectations. This sort of thing happens a lot in business after a strong leader retires. Normal process of establishing a new normality
But I do think apple products are starting to trail other manufacturers products so it will be hit by this. Its share price was also inflated so its nor surprising that its coming down fast
In my opinion: I wouldn't expect apple to blow expectations out of the water any more. I think that things would be close to being in line. Unless they have more blockbuster products which is very hard to do (they've had a great run but no company could keep up that momentum). Competition catches up.
They could use some of their cash to lower prices on products which would keep demand up.
They could use some of their cash to lower prices on products which would keep demand up.
Yesterday Goldman. Stated that apple is the most undervalued stock.
Today Citi says sell the stock.
Lol... I guess that makes apple the most undervalued stock that one has to sell.
Today Citi says sell the stock.
Lol... I guess that makes apple the most undervalued stock that one has to sell.
So much denial around here
While I agree that most of these analysts need to shut their traps, it's also clear that Apple's growth is slowing, iPhone sales are slowing, and iPad Mini and iMac sales are disappointing due to limited supplies. Very little has come out of Apple in the last 18 months besides removal of Scott Forstall, utter failure with maps, removal of their retail chief, stale products that no longer excite, etc.
I don't see any leadership by Tim Cook, I just see a lot of apologies. Apple has basically gone on silent running for the last 6 months. In the absence of news and announcements from Apple, the analysts are going to try to fill the vacuum with their wild speculations. An iWatch? Seriously? Only an analyst could come up with such a dumb idea.
Apple has to decide if it wants to continue being Apple, doing things its own way right or wrong, or bend to the will of Wall Street. Given Apple's size and cash hoard, they could easily execute on three fronts: innovation, market share, and defining new market categories. Tim Cook, in his recent talk with analysts, made it sound like Apple doesn't want to compete on market share at the expense of innovation. My question is this: why can't you do both?
Something is going on at Apple given the silence and comments about not wanting to necessarily have the largest market share. It seems like too much bad news, not enough good news, very little innovation despite Apple's talking points, and the competitors are quickly passing them by.
While I agree that most of these analysts need to shut their traps, it's also clear that Apple's growth is slowing, iPhone sales are slowing, and iPad Mini and iMac sales are disappointing due to limited supplies. Very little has come out of Apple in the last 18 months besides removal of Scott Forstall, utter failure with maps, removal of their retail chief, stale products that no longer excite, etc.
I don't see any leadership by Tim Cook, I just see a lot of apologies. Apple has basically gone on silent running for the last 6 months. In the absence of news and announcements from Apple, the analysts are going to try to fill the vacuum with their wild speculations. An iWatch? Seriously? Only an analyst could come up with such a dumb idea.
Apple has to decide if it wants to continue being Apple, doing things its own way right or wrong, or bend to the will of Wall Street. Given Apple's size and cash hoard, they could easily execute on three fronts: innovation, market share, and defining new market categories. Tim Cook, in his recent talk with analysts, made it sound like Apple doesn't want to compete on market share at the expense of innovation. My question is this: why can't you do both?
Something is going on at Apple given the silence and comments about not wanting to necessarily have the largest market share. It seems like too much bad news, not enough good news, very little innovation despite Apple's talking points, and the competitors are quickly passing them by.
Guys, don't get it twisted!
Tim is not going to let a bunch of attention craving Financial Analysts and money losing lawsuit throwing Hedge Fund mangers run Apple!
I have never seen so much Monday morning quarterbacking in my life!
This is much to do about nothing!
Apple should just concentrate on making the best products in the World and they will be fine!
P. S. Apple does need to get the new Mac Pro out though! ;-)
Tim is not going to let a bunch of attention craving Financial Analysts and money losing lawsuit throwing Hedge Fund mangers run Apple!
I have never seen so much Monday morning quarterbacking in my life!
This is much to do about nothing!
Apple should just concentrate on making the best products in the World and they will be fine!
P. S. Apple does need to get the new Mac Pro out though! ;-)
Citi's analysis
Am I mistaken or had Apple already gotten out information that what they didn't expect was selling as many mini's as they expected to sell iPads...so numbers their just reversed and unless the margins for mini are horrible, I don't see why this should affect earnings.
I do know that Apple has talked about focusing on markets other than India...for smartphone sales. The costs even with payment plans, subsidies, for an iPhone are just prohibitive. This is a problem in China as well.
The iPhone market seems to be where the highest competition is. Also, Enterprise is a factor not to be minimized. We shall see in April, will we not, what happens with earnings.
Am I mistaken or had Apple already gotten out information that what they didn't expect was selling as many mini's as they expected to sell iPads...so numbers their just reversed and unless the margins for mini are horrible, I don't see why this should affect earnings.
I do know that Apple has talked about focusing on markets other than India...for smartphone sales. The costs even with payment plans, subsidies, for an iPhone are just prohibitive. This is a problem in China as well.
The iPhone market seems to be where the highest competition is. Also, Enterprise is a factor not to be minimized. We shall see in April, will we not, what happens with earnings.
...
they are still doing well however they could be doing better had they gotten rid of Forstall earlier because iOS software is what is holding them back in most people's opinion. Spending too much time on paper shredding animations and not enough time on real functionality. I love iOS but it takes a lot of heat. Fortunately Apple has one really huge thing which is people in China love the products and they are still not on the largest mobile carrier in the country. iPhone 5S could be a success if all they changed was the radio to access that one network
they are still doing well however they could be doing better had they gotten rid of Forstall earlier because iOS software is what is holding them back in most people's opinion. Spending too much time on paper shredding animations and not enough time on real functionality. I love iOS but it takes a lot of heat. Fortunately Apple has one really huge thing which is people in China love the products and they are still not on the largest mobile carrier in the country. iPhone 5S could be a success if all they changed was the radio to access that one network
PE as you well know does not tell the whole story. you have to delve in a bit deeper and look at other factores like the future product line etc.
What I was trying to say is that Apple was the darling of wall street and wall street is known to manipulate shares! ie Pump and Dump.
Apples dominance in tech is being (or has been) eroded, other manufacturers have caught up with them and are offering credible alternatives to their mobile devices, where apple makes most of its profit, so its not unthinkable that sales and the share prices will come down a bit. Its still a good company and it will still be profitable it just wont have the lead that it had.
You fanboys crack me up.
Like Apple's downfall could never happen. Too big to fail? I personally "welcome" the fact they are hurting - until it starts costing worthwhile jobs here in the U.S. (oh wait... never mind
). Maybe they'll get off their arrogant and timid arses and offer some better innovation for me at a better value than the "other guy".Apple just makes clever and pricy electronic gizmos (which I really like) for the above-average wage earner. But let's face it... they don't cure diseases or feed the poor. There is nothing nobel about what they do or what they stand for.
18 months? Why stop there? The iPhone 4 had a bad antenna problem and the proximity sensor had issues. iPad? That was just a big iPod touch nothing there. iPhone 3GS? it was just an iPhone 3G that was a little faster. iPhone 3G? It was just an original iPhone with 3G. Original iPhone? Who cares it didn't even have a physical keyboard. Apple will never sell any of those!
Just saying if you want to talk about nothing new, then you're just doing the same whining that has been done for many many years with Apple, much less 18 months. If Apple's 2012 sales are from products that "no longer excite" then bring on the boring, it makes billions.
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I am an economics student as well and a large part of it has nothing to do with manipulation.
Investors want to know in what to invest and these are their primary sources of informations.
Pretty simple
I am an economics student as well and a large part of it has nothing to do with manipulation.
Investors want to know in what to invest and these are their primary sources of informations.
Pretty simple