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You got that right big time !!!

The narrative on the financial news now is that Facebook and Amazon are soaring BECAUSE of their visionary CEOs. The specifically point out that Tim Cook is not that person for Apple - and that is why the stock continues to drop - very low confidence in Tim Cook and his team.

The electric car - if there is one underway - will be a huge disaster surpased only by the waste of shareholder money in buybacks.

Yet Amazon doesn't make any money whereas Apple has billions. What a visionary CEO at Amazon.
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"Everything is fine. We been getting high sale at this moment." -Tim Cook.
I really wish Tim and his Apple friends were honest to us rather than putting a fake smile.
I would respect him if he said they weren't doing that great and they recognize that they need improvement in other areas like mac desktops.

Not doing great? I swear the standard apple standard has set is blinding people.
 
I can't say his stance is wrong. China is being unusually aggressive about trying to stop Western influence. The USSR tried that as well, and it ended up costing them dearly in the end. People will naturally flock to the "forbidden fruit" out there.

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.
 
Apple's bubble has burst sadly, the lack of innovation is showing - I got an iPhone 6S and there is no ground breaking technology in it as such - Pressure sensitive screen is nice but still I rather it be waterproof or bigger battery. 16 GB is stupidly small also...
I remember having a iPad 3 and it's probably my pinnacle Apple Product. It never Crashed, it was lighting fast (not as slow as its now), it looked good (still does I think) and I used it and loved it!
My Macbook Pro crashes randomly, It feels incomplete in some places in the os (looking at you app store, iTunes, external keyboard, mouse support), but then again I prefer it to my Windows 10 laptop (god that is just awful)
My iPhone works mostly but the batter is no where special on it, the camera could have been better and should have been more waterproofed (like they are more water proof than iPhone 6 but I mean Apple Watch quality). The Samsung Galaxy S6 edges out the iPhone I hate to say and I could have well ended up with a Samsung Galaxy S6.

Apple - "Forward Thinking" and "Think different" seems to fade away

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.


carl_icahn_potrait-250x379.jpg
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
 
Carl Icahn is a snake and a horrible person who is nothing more than a corporate raider. He cares nothing about anything except money. This is the same fellow who trying to buy Dell in 2013. He is also the person who bought out TWA in 1985 which was a great airlines and sold its assets and lucrative routes for shareholder profit. He has a history of gutting the assets of a company if he has controlling shares as its always about shareholder profit and nothing else.

I say good riddance to this jerk of a human being.
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....
 
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China is a very erratic country in regards to how they treat American companies selling goods there. I think American companies would be smart to pull manufacturing out of there and set up elsewhere. Obviously this will take time, but we as consumers can start but not buying clothing made in China. Why should we give them money if they treat our companies so badly?

This should also be a wake up call to Tim and co. - they need to step up their game. Services can't be updated once a year - they need to be continually updated. Tic toc of iPhone upgrades won't work anymore. If iPhone 7 looks like 6 again that means they will have lost another year. Tim - light a fire under your employees asses.

Maybe it's because they're sick of the US spying on them and trying to turn protesters into rebels?
 
There has been plenty of inflation. In assets. Real estate and equities are up over 100% in the past seven years since the crisis. The middle class who don't own assets are stuck with savings earning 0%. This is exactly government messing with savers and benefitting the 1%.

This is why we have such a dramatic wealth inequality in this country and why it has actually gotten worse these last seven years.

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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For heavens sake, that theory does not work - look at the results (lack there of) of the $120,000,000,000 wasted.

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.
 
So a pressure sensitive screen that detects multiple levels of touch isn't innovative but a phone with slightly better battery life is?

And this my friends is why you don't take your advice from consumers...
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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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.
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.
 
All these doom and gloom articles on Apple, I.e. Revenue decline, iPad Deflation, Apple Watch decline, a tragic dear in Cupertino, now shares being sold. Anything positive today on Apple? What's next, Tim Cook resigns?

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.
 
Wasn't he the one pushing for all these stock buybacks? What good have they done for the stock?

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.
 
buy all those shares, then Apple will slam the market with something great (finally) and viola, you've made some serious money!
 
I wonder what will happen to China trade if Trump gets elected ?

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)
 
It's just an excuse to cash in ($2b I understand): he's a day-trader, just looking for the short-term gain. I wouldn't call him "investor".

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.
 
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.
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.
 
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Smart people recognize that nothing fundamentally has changed at 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.
 
...
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.......
 
China is a very erratic country in regards to how they treat American companies selling goods there. I think American companies would be smart to pull manufacturing out of there and set up elsewhere. Obviously this will take time, but we as consumers can start but not buying clothing made in China. Why should we give them money if they treat our companies so badly?

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. :cool:
 
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.
 
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.
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.
 
"China didn't want the trusted bulletproof security and ethical nature of Apple services, and wanted to replace them with their own tools that can monitor citizens"

...
would be more honest. ;)
 
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