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Tim Cook Expects Apple's September Quarter Revenue Growth to Accelerate Despite 'Pockets' of Softness
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He is bulking up by lifting his piles of money. $1000 curls, I think it is called.
APPL is in most index funds anyway. The commenter you replied to probably doesn’t know he already owns the stock in some form in his 401K.
Sure, I'm a stockholder, too. I own a myriad of Apple products and I'm anything but rich. I bought a bunch of shares on the dip for $110/share at the beginning of the pandemic. And it's so easy to buy Apple products when you can take up to 2 years to pay for something interest-free. The interest-free financing on my Apple card allows the payments to fit my budget. Otherwise, I would not be able to afford Apple products.
You are correct. Best to buy the AAPL stock when the stock has dipped. I bought the majority of my Apple shares (around $13 per share) back in 1998 when Apple was almost bankrupted (outside of my retirement account), and those shares are worth several million. I always called this money the "gambling money", and I hit it big on this one. I am hoping not to sell these shares and will pass them on to my two kids when I am gone since I should have enough in my retirement account.
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They don't count it against the previous quarter, they count it against the same quarter of the previous year.
The two consecutive quarters is a rule of thumb. The actual definition is, "The space between two economic peaks." Even the two consecutive quarters value is not as fixed as you think. Never trust quarterly results when they first come out. They tend to be revised. Sometimes those revisions go up, about half the time, they get revised downwards. Think of the first numbers to come out as something of a rough draft pending data that is not yet in.
He's been studying the leadership habits of Conan the Cimmerian aka Conan the Barbarian. Step one, get buff.😁 Step two, display the heads of those whom have displeased you on stakes.😏 Those MacBooks (butterfly keyboards?🙃) serve as a severe example to keep the rest in line.
Well, that’s economics, it’s a game of who thinks what. I personally just took the tule of thumb as I’m not an economics guy.
TheYayAreaLiving 🎗️
Suspended
I think it's more like Tim Cook likes other people's money.
You paid $13 but after splits it’s like $0.25. 2:1 7:1 4:1. I forget but it’s something like that. Booya! All the good stuff apple does is not ending anytime soon. The story keeps getting better. It’s a world history type of corporate phenomenon.
Yep. And if you wanted to play some “what if” games, go back and see how putting all your eggs in the apple basket compared to any of these “funds”. “Are you diversified?” is a farce if you were an apple fanboy.
I got a $100 wedding gift of some mutual fund in like 1996. It’s now worth $367. I see the statements a few times a year. Actually the paper they waste mailing me the statements and the time I spend opening those letters exceeds the value of this received gift. I mean it was a nice thought, but I didn’t need a stock broker and the gift was perceived as bait for me to invest with the Honda driving stock broker family friend gift giver. AAPL all the way turned out a lot better. Better than Warren Buffet even, just on a smaller scale. Had Warren buffet just been a apple computer nerd Berkshire Hathaway would be much better off. Campbell’s soup? Railroads? Boring. AAPL was a fun stock and still is.
That stock broker investment advisor is a fine man, but it’s too bad he did not realize that he might have had a chance to pick a stock like aapl.
I think it’s obvious to buy aapl. I use my iPhone several times a week! Even more often than my golf clubs. (Joke). That’s all you need to figure out! Do you watch tv these days? It’s mostly all bad programs right? YouTube seems to be the go to tv thing right? So buy googl. AAPL googl. How can you lose folks? Great time to buy Facebook too. Way oversold. My relatives who can’t use a computer are on there all the time! That’s something!
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Apple continues to show impressive numbers. Seems plausible they will be able to do it again.
He is compensated on how the company he runs performs.
I have had stock since the early 90's. The whole company has been berry, berry good to me. And a huge plus for the SNL reference.
With over a billion active iPhone users, and even with the upgrade cycle slowing down to 3-4 years, we are still looking at around 300 million iPhones sold each year (which is a significant jump from the 200+ million iPhones Apple was selling just a few years ago).
I think the main concern isn't whether iPhone demand will continue to be there (spoiler: it definitely will), but whether Apple can continue making that many year after year after year. It also explains why Apple doesn't feel pressured to come out with a major iPhone refresh with a ton of new features that would make everyone want to run out and buy one regardless of their current model. They wouldn't be able to make that many to sell anyways.
Instead, I think Apple's strategy of being continuing to roll out new features at a controlled pace is working out well for them. The odds of iOS users defecting to android isn't really that high at this point. By operating in the premium segment of the market, iPhone sales are less affected by macro factors like inflation or a worsening economy (because the people will still have the disposable income to spend on said products regardless).
This is a complete 180 reversal from the naysayers claiming that iPhone sales had hit a peak and Apple was turning into a services company. Such irresponsible and completely unfounded statements may get some easy clicks amongst the haters, but they contribute absolutely nothing when it comes to having a measured and meaningful discussion about Apple.
