Successor to Steve Uncertainty Hurting AAPL Share Price?

[G4DP]

...and the investors that do grasp it are buying stocks in carriers and ISPs - because they can see that the next "gold mine" is in bandwidth overage charges.

Spot on. The next one for a boom are the ISP's.

Over here in the UK, BT sure as hell aren't going to let their OpenZone system become clogged with 1000's of people streaming music over wi-fi. Someone somewhere is going to have to pay for all the extra bandwidth use.

Who will that be. Let me think, the user.Unless Apple are going to pay for the Fibre optic update.

 

[ShiftyPig]

I've actually started checking the bylines on each story - I don't think I've read anything from Jordan Golson that isn't complete amateur hour.

 

[ten-oak-druid]

A year ago Jobs was not on his nth medical leave of absensce, and he looked much better than today.

Right but the discussion is about the overall market and AAPL.

The news of the current dip is not that AAPL dropped a bunch TODAY. It has dropped over a period of time and so has the market. Go look at the NASDAQ over the last month and AAPL too. You will see.

So quoting just today's numbers is not really showing anything.

Anyway I've watched AAPL go into these dips and each time come back to gain more than it lost. Lets watch it happen again.

 

[iMaci7]

Sell! Sell! Before it's too late!

Way ahead of you

 

[vvswarup]

It's all about Apple running out of steam - fact obvious wherever you look at it...

If $6 billion in QUARTERLY profit is "running out of steam" I'll take it, and Apple will too.

1. Lion - although I will be sticking with OS X, quite frankly, Microsoft Windows 8 demos made me more excited...

Until there's a firm release date on Windows 8 and it's actually demoed live, Windows 8 is nothing more than vaporware.

2. iPad - while OKish device it has reached its peak and it is on its way down from now on due to huge number of equally good or better competitors flooding the market.

Those who bet against the iPad always like to trot out market share numbers for Android. They all seem to forget that the iPad is among the cheapest tablets in its class. In spite of being among the cheapest, the iPad still commands a healthy profit margin of over 30%. This in itself is a game-changer.

3. iPhone - see above...

Define "down." If you mean going "down" in terms of market share, I've got one word for you: profits. That's all that matters.

4. Macs - while great machines they are hugely overpriced and might not be as easy sell as they used to be due to horrible economic situation that will only get worse.

Funny how that works. Apple has been posting record profits quarter after quarter even in this horrible economic situation. Also, Macs have been outpacing the growth of the PC market for the past few quarters in a row.

5. And finally, yes, Steve is on his way out...

All this = stock going down and it won't stop going down for quite some time!

The stock may go down if Steve goes. But you just can't argue with the kinds of profits that Apple puts up quarter after quarter.

 

[rdowns]

Funny how that works. Apple has been posting record profits quarter after quarter even in this horrible economic situation. Also, Macs have been outpacing the growth of the PC market for the past few 20 quarters in a row.

Fixed that for you.

 

[carlgo]

Apple has just drifted into a popular perception that it is a cult of personality. All the iconic Jobs stuff, from his attention-grabbing clothing to his secret illness does nothing but reinforce this silly notion.

There are lots of reasons the stock goes up and down, but this perception is always there and it is not helpful.

 

[ModerateFKR]

What absolute nonsense. Without a dividend, AAPL is a bank in which do deposit funds when the price is low, and withdraw funds when the price is high. In normal times and abnormal times, this is a good system, somewhat less predictable than Microsoft's quarterly dividend, but potentially much more profitable.

So, Greece [a country in southern Europe - for those who need direction] is about to go belly up for certain this time, leaving all the worlds conventional banks in yet another massive deficit situation. None of those loans are going to get repaid - probably ever. Naturally, the markets are nervous.

To put this in context. The last/current recession began as a result of a few southern US homeowners defaulting on worthless mortgages that vastly inflated the value of their properties, exposing the humungous pass-the-parcel ponzi scheme that is the entire banking system... causing banks to go bust and others to need bail-outs.

This time it's an entire country going bust. Okay, not a real country, more a collection of holiday islands [full of real socialists] who's income is derived from foreign owned tourism, nationalised industry and peasant pastoral rural agriculture, where the national pass-time is not paying tax - and then rioting when they are told the reality of their situation. But they WILL go bust and the fallout will be huge.

So where does Apple come into the picture?

Well, with everyone else really. The entire Euro zone, currently a huge and expanding market for Apple, is so severely threatened, the currency itself is at risk, as are the fortunes of all Greece's creditor nations in the Euro zone and beyond.

What has any of this got to do with Steve Jobs and his tenure as CEO? Oh that's right, nothing. Is Apple stock the only stock experiencing a downturn. No of course not. Was any of this mentioned in the articles quoted? Hell no.

There are several sub species of the genus Homo sapien I've come to respect less and less over the past few years. Two of them are so-called financial 'experts', and a particular breed of journalist.

The so-called financial 'experts' need no introduction. Collectively, they caused the mess we're already in. But these lazy journalists are a real treat. If there's a story to be concocted from sighting a turd of a slightly different shade, I swear they'd have a go.

Reporting details in isolation, especially financial statistics in the current volatile climate is not only lazy though, it's dishonest and irresponsible. I bet Steve is laughing his head off right now - if he isn't crying in despair at their stupidity.

 

[cameronjpu]

If your price target is $500, a buying range of $300-320 seems unnecessarily limited. Unless Zaky has a bunch of other stocks that have better than 50% appreciation potential?

 

[rtdunham]

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"…it won't be great if a bumbling bafoon is running it"

As in, someone who can't spell one?".

 

[3goldens]

To the Callous minded:

Wow, what a thread and some of your comments you'd think Steve was already dead!

I thought he looked pretty much the same as he has for awhile, no better, no worse. Saw no evidence otherwise posted here!

I personally, don't think he should step down.

He's on leave so why don't y'all let him be on leave!

He's going nowhere, I assure you! In fact, I'd put money on his moving into the new headquarters when its completed! Bring on the bets!

Personally, I think its just more of the typical posts from the negative and pessimistic among us, always something critical and nasty to say, all in the interest of riling up the people who still appreciate Apple, Jobs and the product line.

Maybe they're doing this to feel better about themselves and their sorry miserable lives, thinking they know better than others how to do this and how to do that. Some of you pretending to know how to run Apple, LMAO!

A bunch of sad sack know it alls making groundless and ignorant statements just to stir the pot!

Nuts to all of you for your thankless insensitive comments.
I'm very glad no one here is running that company, that's for dam sure!

 

[AidenShaw]

Until there's a firm release date on Windows 8 and it's actually demoed live, Windows 8 is nothing more than vaporware.

The "vaporware" label will be hard to justify when tens of millions of people are running the public betas of Windows 8.

 

[mccldwll]

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You're looking at this as a consumer and not as an investor. Apple hasn't really done anything lately that gives a long term investor (those are the ones companies really want) a reason to buy and stick around.

The problem is that many investors haven't grasped yet what Apple is starting with iCloud.

That's just one of the many things that "seasoned investor" Mattie Num Nums (who apparently doesn't even know what investments are permitted in a ROTH) hasn't yet grasped.

 

[nylonsteel]

In regards to the main article
1) aapl needs a 3 to 1 stock split
2) good time to start building core positions at this price and below
3) alot of good and bad theories about why aapl should be priced higher
4) anyway - i'm still making some money trading aapl both ways
5) good luck to all aapl investors

 

[mccldwll]

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Wow, what a thread and some of your comments you'd think Steve was already dead!

I thought he looked pretty much the same as he has for awhile, no better, no worse. Saw no evidence otherwise posted here!

I personally, don't think he should step down.

He's on leave so why don't y'all let him be on leave!

He's going nowhere, I assure you! In fact, I'd put money on his moving into the new headquarters when its completed! Bring on the bets!

Personally, I think its just more of the typical posts from the negative and pessimistic among us, always something critical and nasty to say, all in the interest of riling up the people who still appreciate Apple, Jobs and the product line.

Maybe they're doing this to feel better about themselves and their sorry miserable lives, thinking they know better than others how to do this and how to do that. Some of you pretending to know how to run Apple, LMAO!

A bunch of sad sack know it alls making groundless and ignorant statements just to stir the pot!

Nuts to all of you for your thankless insensitive comments.
I'm very glad no one here is running that company, that's for dam sure!

Amen.

 

[AidenShaw]

He's going nowhere, I assure you! In fact, I'd put money on his moving into the new headquarters when its completed! Bring on the bets!

What odds are you giving that Jobs will still be alive in 2015-2016, and where do we send the money?

 

[vivid-mist]

No one will ever fully replace steve.
Instead, once his body begins to fail, he'll upload his conciousness into iCloud, and have a puppet CEO as a figurehead until the public is ready to witness his return to power

 

[oliversl]

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Its not only Apple, Google is bellow 500$ . It's a market thing it seems

 

[ECUpirate44]

Samsung Galaxy Tab 10.1 bests iPad 2 in almost all hardware-related specs (thinner, lighter, better panel tech, better resolution, 2x more RAM, better cameras) but it does suffer a little from immaturity of Android 3.x.

Specs mean nothing without a fluid OS

 

[ten-oak-druid]

If I were a troll trying to get some thrill out of upsetting people on a board like this, I would use the obvious trick of speaking nonchalantly about Steve Jobs passing away in the near future. A topic like that is too easy; it is a minimal effort to offend others with a quick line and watch them waste time responding. No response is the best counter measure.


***

Specs mean nothing without a fluid OS

^^Well the specs on the samsung tablet will make the android malware run better anyway.

 

[ChrisTX]

People made such a stink about Apple not having a successor to Steve Jobs, until other companies revealed they didn't have such a plan in place either.

 

[iEvolution]

Good night sweet apple once Jobs leaves.

We will get more awesome ideas like the 3rd generation shuffle when steve leaves, boy I can't wait!

 

[ten-oak-druid]

Way ahead of you

Actually yes. Everybody sell so I can buy it cheap before the Back to School and Yule seasons and it climbs again.

Now if you want to know a stock you should sell permanently it is RIMM. They are doomed. A greater than 20% drop over the weekend. And one of their largest share holders sold. I never owned it but I would know my money was lost if I had and hadn't yet sold.

 

[AidenShaw]

People made such a stink about Apple not having a successor to Steve Jobs, until other companies revealed they didn't have such a plan in place either.

Name any other company of comparable size which has such a personality cult around the CEO....

The closest might be Oracle - but Ellison is not a micro-manager involved in day-to-day details. Other people run Oracle, and very few worship Larry.

If Enrique or Brad or Larry died tonight, it wouldn't have much of an impact on the stock.

 

[ChrisTX]

Name any other company of comparable size which has such a personality cult around the CEO....

The closest might be Oracle - but Ellison is not a micro-manager involved in day-to-day details. Other people run Oracle, and very few worship Larry.

If Enrique or Brad or Larry died tonight, it wouldn't have much of an impact on the stock.

The other Steve that runs the other software company out of Redmond Washington /Sarcasm.

I get your point, but I think it's more about his creative vision than just the cult like following he has. No other CEO on the planet shares the same creative vision, and passion for their respective company like Mr. Jobs.