Yet Amazon doesn't make any money whereas Apple has billions. What a visionary CEO at Amazon.
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Not doing great? I swear the standard apple standard has set is blinding people.
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Investor Carl Icahn Dumps Apple Shares Over China Concerns
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Yet Amazon doesn't make any money whereas Apple has billions. What a visionary CEO at Amazon.
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Not doing great? I swear the standard apple standard has set is blinding people.
The economies in the west are struggling and China's economy is slowing as a result, they are getting undercut by other low cost countries, several government propped up financial bubbles are bursting and their corrupt leaders have been sending their loot overseas for a few years now, they are becoming more aggressive towards the outside (militarily and in terms of censorship). They are in for a very bumpy ride in the next few years. I always knew this was going to happen - planned economies are always unbalanced somehow.
Personally I feel that they're no longer providing anything special. The iPad and iPhone used to be pinnacle devices - now their competitors provide a more "magical" experience. They're sturdy but boring, when once they were sturdy and exciting.
People in China had a romance with iPhone but over the past year that is over. iPhone needs to have a major innovation to make it the brand of young people. There market is shrinking in China but may be strong in other countries.
Billionaire Carl Icahn, who has been buying large amounts of Apple stock over the past three years, today told CBNC that he sold his stake in the company.Icahn, who sold his shares earlier this year, said that he did so based on worries over China's attitude towards Apple. Earlier this month, the Chinese State Administration of Press, Publication, Radio, Film and Television forced Apple to take down the iTunes Movies and iBooks stores, and Chinese officials believe that Apple is "too deeply established" in core industries in the country.
Apple sales also fell 26 percent in greater China in the second quarter of 2016.Prior to exiting his position, Icahn held 0.8 percent of outstanding shares. He told CNBC that he made approximately $2 billion on Apple and that he continues to view the stock as "cheap."
Apple shares have been on the decline since Tuesday's earnings call, where the company announced its first ever drop in iPhone sales and its first year-over-year revenue drop in 13 years. Apple stock is down approximately 2 percent today.
Article Link: Investor Carl Icahn Dumps Apple Shares Over China Concerns
What a world we live in!!! People legally making money by doing business, what the world has became...... think of the children please!!! /s
Business is business, and to think that any business is working for anything else than money is silly, even charity is tax deductable for a reson
.I am sure you think nthat Apple is going green and the reciclying they do is for the environment and not because they gain by doing it....
Maybe it's because they're sick of the US spying on them and trying to turn protesters into rebels?
Normally when people talk about messing with "savers" they mean messing with people who save their money. That money is saved in the form of stocks and real estate, mainly, so the savers are getting the benefit of those assets increasing. And when they take those assets out and spend them, they can still buy a six pack of beer at the super market for less than $10 just like it was priced nearly 20 years ago. Or they can buy clothing at the Gap for about the same price as the same outfit 20 years ago.
But I won't disagree with you that the US Government very much is dedicated to helping the 1%. In my view this is because the Republican Party is entirely captured by the economic goal of lowering taxes for the wealthy. That party is so captured it can't even nominate a Presidential candidate who is NOT a multimillionaire.
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Well we don't know where the stock price would be if Apple hadn't done the buybacks. They probably wouldn't be able to increase the dividend if they hadn't consolidated their outstanding shares. They could have issued a one time special dividend and sent back cash. But I, as a shareholder, would have had to pay taxes on those gains. While the stock price going up or down makes no difference to me as a long term owner.
And keep in mind that Apple's stock is still the most expensive stock in the World in that Apple has the highest market cap. It is tough to support a $600 billion valuation.
If developers took more advantage of it yes, but the iPhone SE doesnt have it so I cannot see developers getting on quickly
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I like my mac battery life but nothing blew me away (apart from the price) - I didnt have the excitement of getting my mac as I had with my iPad. Though the first mac was faulty and to be fair to apple it was replaced the next day (or that day if I was near an apple store)..
I had an issue with a HP desktop and the person I was assigned to was awful, It took a email to the CEO of HP (I wish I was joking, but a google search brought it up) to get it sorted and ended up having someone higher up in the company sort it out.
Wall Street people read Macrumors, AppleInsider, iFixit, and so forth looking for or to spread FUD. Say the right thing and the high-speed-trading bots will think a disaster is in the making. Also look on Twitter.
That's why we see so many off-the-wall suggestions about what the next iToy is going to be. Legal stock manipulation.
Smart people recognize that nothing fundamentally has changed at Apple, and Icahn's position is that of manipulation of the stock price, not of liking or hating Apple. If Apple's price moves by 10%, it's because someone like Icahn dropped their position quickly, and several other high-speed-trading systems followed suit.
Stock buybacks are good things to do if you have the cash. You may not see results right away but they can help boost the stock price and reduce outside control of a company.
Same as always. People will keep buying in China, because it is cheaper. (NOT always true btw)
And, if China has or creates problems, people will buy in India (They already do) and if they have problems, people will buy in the next continent/country where it's cheap, as long as it's politically stable.
(Which is why we are not buying much from Africa (yet)
For sure it will not be bought in USA. if it's not cheap.
(Simplified answer)
This is why I'm still advocating that all tech companies get out of the stock market.
And I mean all. I don't care who's who. I don't care what company I like or what company I hate: they need to leave the stock market. Dell had the right idea when they left; others should do the same.
I know that what I'm saying is a bit extreme, but as someone who runs an app development company myself, the last thing I want is some shareholder trying to be greedy or try to dictate what my company should do, or even pull the same kind of foolishness as what this dude (Icahn) is doing. Apple, Alphabet, Microsoft, Samsung, Facebook, Twitter, LG, Sony, Nintendo, HP, Blackberry, Yahoo,...
Leave the stock! Let the them salivate what they can't have. They need the companies more than the companies need them.
Here's the thing, Jeff Bezos is ultimate snake oil salesman and is able to inspire the Wall Street lemmings about future profits. Meanwhile we have a boring ass unimaginative accountant at the helm of Apple.
Huh? IPhone sales dropped for the first time ever, revenue dropped 13% & Apple is warning next quarter will be bad as well. Of course something fundamentally has changed. Tim Cook said the smart phone market is mature & China's economy is slowing. Those are fundamental changes from its former growth status and notable events for a company that gets more than 50% of its income from smart phone sales & depending on China as its final big growth market. Let's not be Pollyannas here.
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Well we don't know where the stock price would be if Apple hadn't done the buybacks. They probably wouldn't be able to increase the dividend if they hadn't consolidated their outstanding shares. They could have issued a one time special dividend and sent back cash. But I, as a shareholder, would have had to pay taxes on those gains. While the stock price going up or down makes no difference to me as a long term owner.
And keep in mind that Apple's stock is still the most expensive stock in the World in that Apple has the highest market cap. It is tough to support a $600 billion valuation.[/QUOTE]
You don't get it - unless one is going to take the company private, the purpose of buybacks is to prop up failing stocks. Why should AAPL need propping up? Because Tim Cook and his team are not trusted by Wall Street to produce future profits. Based on what we have seen thus far from Cook & team.......
Well we don't know where the stock price would be if Apple hadn't done the buybacks. They probably wouldn't be able to increase the dividend if they hadn't consolidated their outstanding shares. They could have issued a one time special dividend and sent back cash. But I, as a shareholder, would have had to pay taxes on those gains. While the stock price going up or down makes no difference to me as a long term owner.
And keep in mind that Apple's stock is still the most expensive stock in the World in that Apple has the highest market cap. It is tough to support a $600 billion valuation.[/QUOTE]
You don't get it - unless one is going to take the company private, the purpose of buybacks is to prop up failing stocks. Why should AAPL need propping up? Because Tim Cook and his team are not trusted by Wall Street to produce future profits. Based on what we have seen thus far from Cook & team.......
Not trying to force my views upon you, but there's a certain presidential candidate that would like to stop the unfair trade we have with China.
Tim Cook seems to have a strange love for authoritarian China. If China ever goes on a cultural revolution madness under its current leadership and Apple stores in China are trashed and burned down, Tim Cook would shrug and probably says, "It is just a stage, like emo teen rage or something, Kylo Ren, what have you. It'll pass."
Time for a new leadership in Apple and get Apple out of China.
Time for a new leadership in Apple and get Apple out of China.
You're wrong. Only the top 10% have any appreciable ownership of stocks and real estate. The 90% live paycheck to paycheck and earn 0% on their savings. They have been left out of this so called recovery.
Billionaire Carl Icahn, who has been buying large amounts of Apple stock over the past three years, today told CBNC that he sold his stake in the company.Icahn, who sold his shares earlier this year, said that he did so based on worries over China's attitude towards Apple. Earlier this month, the Chinese State Administration of Press, Publication, Radio, Film and Television forced Apple to take down the iTunes Movies and iBooks stores, and Chinese officials believe that Apple is "too deeply established" in core industries in the country.
Article Link: Investor Carl Icahn Dumps Apple Shares Over China Concerns
These guys are like flesh eating bacteria. Won't stop till they see the bone then jump to the next target.
