Do you know who also wants to manipulate AAPL and make it cheap? Tim Cook. So he can continue Apple's stock buy back. Corrupt is right, conflict of interest right there.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Second Investor Dumps Shares as Apple Stock Drops to Near Two-Year Low
- Thread starter MacRumors
- Start date
- Sort by reaction score
Do you know who also wants to manipulate AAPL and make it cheap? Tim Cook. So he can continue Apple's stock buy back. Corrupt is right, conflict of interest right there.
Exactly. But when a company and investment opportunity like Apple shows even a slight decline, billionaires like this guy and Carl Icahn dumping stock is nothing new. To them, even the smallest negative shifts can potentially cost them millions of investment dollars. The funny thing is, once Apple shows a turnaround with new product and/or innovation, these types of investors will jump right back on Apple's coattails again.
Please explain what you mean by "social and political correctness"???
Not really surprised, its market share is dropping in the mobile market place to Androids benefit of gaining it, due to its lower sales.
These big investors follow the money and Apple has lost a lot, they don't want a return in 2 or 3 years, they want a return now and if they see Apple won't be able to do that then they go elsewhere.
My opinion anyway, it had to happen sooner or later and whilst Apple has released a couple of interesting products, most of them are rehashes with no innovation, the poor computer lineup has been left out to dry! The Mac Pro is one of the best engineered computers I've ever seen and yet it's been utterly ignored since launch.
It will I think only get worst this year.
These big investors follow the money and Apple has lost a lot, they don't want a return in 2 or 3 years, they want a return now and if they see Apple won't be able to do that then they go elsewhere.
My opinion anyway, it had to happen sooner or later and whilst Apple has released a couple of interesting products, most of them are rehashes with no innovation, the poor computer lineup has been left out to dry! The Mac Pro is one of the best engineered computers I've ever seen and yet it's been utterly ignored since launch.
It will I think only get worst this year.
Last edited:
That's easy: "Its not like 7200 RMP is going to be a huge improvement and it might cause heat problems..."
The mystery is why they even offer the option of spinning rust in a machine like the iMac, when you can have a PCIe SSD instead. Probably marketing decided that the base model had to say "1TB" on the box for the benefit of people who - in the age of Thunderbolt, USB 3 and a/c WiFi - still think you need masses of built-in storage in a SFF desktop.
Seriously, there are better things to criticise Apple over.
I completely agree. Apple is looking to dump 3.5mm jack on iPhones as an excuse for 'innovation', but yet they refuse to innovate in terms of storage on their computers and instead they equip already overpriced computers with ancient technology and also call it innovation.
This is a great point. They talk so often on how they strive for the customer experience. I get asked a lot being in IT to recommend phones and computers for people. I honestly have a tough time suggesting a base Mac with a 5400rpm drive, or an iPhone with 16GB that I've seen non-tech people run into full storage issues so often just from taking photos and videos and then feeling uneasy when they hear they have to spend additional money every month to keep backups and photos working.
I know they really try to push the margins on these devices, but something like fusion drives standard (really should be an SSD in every Mac now) and ample storage (local and iCloud) to last before needing to spend additional every month would really improve the experience.
Wall Street investors pretty much lost the confidence on Apple. If Wall Street can makes Apple the most bauble company, it also can destroy Apple.
Unless Apple can do something different and innovative, the share will continue drop until the floor is reached. Unfortunately, i don't see Apple is coming up wth any innovatation soon.
Dropping 3.5mm port might be the start of end of iPhone.
Unless Apple can do something different and innovative, the share will continue drop until the floor is reached. Unfortunately, i don't see Apple is coming up wth any innovatation soon.
Dropping 3.5mm port might be the start of end of iPhone.
Yeah, another fat cat that couldn't hold the heat...
Makes it easier for Apple to buy back their stock.
Makes it easier for Apple to buy back their stock.
Your post contradicts itself.
First you question the "panic" phenomena, noting inevitable ups and downs and unsustainability of growth as truth.
Next you note that the bulk of Apple's revenue comes from the iPhone, and that it's basically a mature product (one excuse Apple has given for the sales decline) and because of that consumers don't feel the need to upgrade as often as in the past.
But then you say you will buy more on the dip based on the potential profits for no specific future Apple product.
So you effectively criticize people for getting out, not in the panic situation you initially question, but, using logic and reason based on the reality (you acknowledge) of Apple's #1 money maker becoming mature and Apple's revenue growth uncertain.
Then you conclude that you will buy into AAPL (based on emotion?) if it goes lower -- you don't say what is going to propel Apple revenue in the future, and admit the iPhone may have peaked in high growth and will meander from here on out.
Bottomline here: people exiting AAPL are not panicking. Apple, and TC simply have not made the case to investors on why Apple's growth will resume and they should stick around. Investments in AAPL were based on the iPhone as Apple has no other big money maker. If Apple's growth days are truly over then what is the point having money in AAPL? Seems to me making the decision to exit, take some gains, rather than risk capital is perfectly rationale and well reasoned, the opposite of panic.
Looking at iPhone 7 leaks, Apple has stopped innovating
Or found a better mouse to chase....
The difference between fat cats and starving ones is that they aren't sentimental and know when to move on if they want to eat.This is great news. Cheaper shares means the share buyback gets much more bang for the buck.
Also a great buying oportunity in an overvalued market. I'll probably pick up a few shares … but not yet. There will be more bloodshed as people who can't afford to hold are forced to sell.
Also a great buying oportunity in an overvalued market. I'll probably pick up a few shares … but not yet. There will be more bloodshed as people who can't afford to hold are forced to sell.
Apple needs this bad spell to wake up.
I agree with everything people are saying here about macs being outdated.
It's frankly embarrassing.
I agree with everything people are saying here about macs being outdated.
It's frankly embarrassing.
... just wait till they show this new "old" iPhone7. The stocks will drop even more.
Hardly. Completely different situation. As a partner, Wayne shared 100% liability for the entire company even though he only owned 10%. He's said that was too much of a financial risk for him at the time. OTOH Jobs, Woz had no real assets at time to risk. If creditors were coming after anyone had Apple had legal issues or bad debt they were coming after Wayne. So potentially he could have been personally bankrupted had Apple failed or faced a giant legal suit.
OTOH anyone who buys AAPL shares today risks no more than what they paid for the shares. Also Apple was a startup when Wayne owned his shares and Apple's success was far from known. Today, there is an abundance of financial data, business plans, and product information to base a far more intelligence business decision on. Very different situations.
Forstall is NOT the answer. He will never come back because he hates Jony. I wouldn't even want Scott running Apple. He doesn't have the IT factor. Seriously. Whenever I watched him on keynote years back, he looked like a creepy goof gabbing about.
Even if he was offered to run Apple, Jony and Tim would have to GO as per his demands. Otherwise, he's NOT the guy and nowhere as close to the level of Elon Musk. Not one bit. We'll never have another Steve Jobs but they could try to find someone who's similar to Elon and Steve as another " Tony Stark ".
But Cook? Hell to the no.
Williams? He's Cook's boy, so I don't trust him.
Cue? He's a drunken slob and needs to leave.
Schiller? Defensive loud mouth and needs a kick in the a--. Defensive = insecure. That's him.
Jony? Must leave immediately and go independent. He's burnt out and has too much power/control. Firing him would be the best move Apple would make in order to get fresh design language and reign in dandy crap that Cook's being approving of.
Craig? He's not bad and could have been a pretty good CEO. A far better choice than Cook.
Angela? I think she's working for the wrong company and needs to do something else. Tim recruited her for the wrong reasons.
He could have solved it by incorporating and not being involved in the business guarantees. He was not that smart.
I didn't read the article and am very ignorant in the subject, but I always heard that 'investing 101' is buy low sell high', not sell when a company goes to an all time low.
I'm sure they know what they're doing. They're millionaires and...here I am...
I'm sure they know what they're doing. They're millionaires and...here I am...
Last edited:
They have to go. Scott is the answer. He's the only one here with vision and proved achievements.