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.
Wall Street Analyst Says 'Buy the Dip' After Apple's Stock Price Steadily Declines in September
- Thread starter MacRumors
- Start date
- Sort by reaction score
well, let's be frank and honest.this is the result of ambitious GREED.
releasing 7s (now called 8) and next year's iPhone 9 (now called X) at the same time..(with excuse of 10Th anniversary)..
iPhone 8 is the most un-interesting iPhone EVER,yet the price is increased, and iPhone X is what standard next cycle of iPhone should have been without such unjust and crazy price hike.
+ released them both together and yeah it backfired big time.
it's all Apple marketing departments flaw.(probably Schiller himslef).
If they wanted to do something special for iPhone 10Th anniversary,they should have skipped 7s (8) ,and just released the iPhone 8 (what they call X now).
when you have edge to edge OLED phones like S8 / S8 Plus available to people,you simply cannot come months later, make something similar and sell it for $1000 just because it's running iOS and has better face scanning option.
releasing 7s (now called 8) and next year's iPhone 9 (now called X) at the same time..(with excuse of 10Th anniversary)..
iPhone 8 is the most un-interesting iPhone EVER,yet the price is increased, and iPhone X is what standard next cycle of iPhone should have been without such unjust and crazy price hike.
+ released them both together and yeah it backfired big time.
it's all Apple marketing departments flaw.(probably Schiller himslef).
If they wanted to do something special for iPhone 10Th anniversary,they should have skipped 7s (8) ,and just released the iPhone 8 (what they call X now).
when you have edge to edge OLED phones like S8 / S8 Plus available to people,you simply cannot come months later, make something similar and sell it for $1000 just because it's running iOS and has better face scanning option.
Many people on this forum keep saying "everyone" is waiting for the iPhone X, but I simply don't think that's true at all. I think SOME people are waiting for the X, and if it's truely that many, I think a lot of people are going to be disappointed at how long they have to wait to get one. I also think there are a lot of people like me who are not waiting for the X (for a vast number of reasons I won't go into here, to stay on topic).
I'm going to upgrade both my wife's and my iPhones this year, but I don't feel the need to have it in my hands one week after it's announced. We'll pick up two iPhone 8s or 8 pluses... when we get around to it. I don't think we're alone.
For practicality's sake, I think a lot of people are just weighing their options this year and taking a little bit of time about it. After all, for better or worse, there have never been more iPhone options from Apple.
I'm going to upgrade both my wife's and my iPhones this year, but I don't feel the need to have it in my hands one week after it's announced. We'll pick up two iPhone 8s or 8 pluses... when we get around to it. I don't think we're alone.
For practicality's sake, I think a lot of people are just weighing their options this year and taking a little bit of time about it. After all, for better or worse, there have never been more iPhone options from Apple.
Personally I changed my mind as initially I was all about iPhone X. Decided yesterday (thanks Apple for delaying the launch so I had time to reconsider haha) I will wait for the free iPhone 8 deals for switching carriers to appear in 1q 2018 and go that route. Why spend $1300 when I can spend nothing?
What if sales of the X is also lacklustre? We shall see.
Perhaps it's not so much the iPhone 8 or X being bad phones per se, but phone upgrade fatigue.
I'm not talking about the folks here on MR, but every day non-geeks.
As much as we hate being gouged by cable, phone and printer, razor etc. companies, cell phone makers are becoming almost as bad.
Perhaps it's not so much the iPhone 8 or X being bad phones per se, but phone upgrade fatigue.
I'm not talking about the folks here on MR, but every day non-geeks.
As much as we hate being gouged by cable, phone and printer, razor etc. companies, cell phone makers are becoming almost as bad.
Here's what i'd do if I were a billionaire with a hedge fund:
Wait until mid September when APPL stock is high. Sell a large quantity of stock right after a big keynote. Price goes down. News outlets/blogs start saying "Investors are jumping ship! Apple stock down! Products must not be good. Sales will be bad". Price drops several dollars. I buy back all the shares I sold in September, wait for the price to go past what I originally sold the stocks for, and I make a cool few million.
Wait until mid September when APPL stock is high. Sell a large quantity of stock right after a big keynote. Price goes down. News outlets/blogs start saying "Investors are jumping ship! Apple stock down! Products must not be good. Sales will be bad". Price drops several dollars. I buy back all the shares I sold in September, wait for the price to go past what I originally sold the stocks for, and I make a cool few million.
One bad experience? It took years to achieve, and was by putting profit and expanding product lines ahead of innovation.
Interesting you say it's a tightly run ship as though cook has a clear vision, other than maximising products, id argue at times apple is like a rudderless ship , I mean Throw me a bone here, are they a hardware company, fashion company , media company , content creation? Etc etc These seem to be all over the place with cook.
Things were very clear under jobs right ? Same with cook? No....
Last edited:
I agree. I've been on iPhone since 3GS and now on the iPhone Upgrade Program. I and my wife were going to upgrade to iPhone X as soon as it's released, but then, jumping from $1000 after tax to $1500 + accessories is just too much for us (that's $3000 + accessories for us). Monthly payment wise, it'll be from $36 (for my iPhone 7 128GB) + $41 (for my wife's iPhone 7 plus) = $77/month to about $120/month with initial cost of about $300. If I can truly get phenomenal experience with this money, I'd pay that much. But, I'm just not sure about the usefulness of face ID (will it be actually more convenient than touch ID?). Also, it'll be larger than my iPhone 7 which already barely fits in front pocket of some of my jeans.
Galaxy series with their thumb print scanner in the back is seriously a no go (also... Bixby... ugh), Google Pixel 2 is tempting because I love their Google Assistant, but we'll see how it looks once it's revealed in Oct. Rumor is that it looks similar to the first version which I didn't like much. If so, I'll just stick to iPhone 7 and wait one more year.. If I have to stick to iPhone 7 one more year, I'll slowly prepare my house to transition to Google ecosystem.
To drop that much, Apple has to actually do something bad. Which they aren’t and haven’t and won’t.
Apple has been trading at lofty levels based on its impressive growth over the last decade, primarily because of the iPhone. Unit sales have been pretty stagnant since the iPhone 6 came out in 2014. Everyone has been harping on the redesign of the iPhone to return Apple to that growth rate.
Now there are significant concerns Apple will meet those growth expectations. You had same-quarter sales declines, a modest launch of the iPhone 8, and conservative expectations of iPhone X sales. The issue with X sales is the speculation of why they may be low. Is it actual supply constraints? Apple deliberately having slow production to gauge actual demand before ramping up to meet some higher number? Or could it be that the demand for a $1,000 phone is substantially less than that of the previous $649 iPhone 6, 6S, and 7?
That uncertainty is going to cause a short-term dip in the stock price until investors get good, reliable information as to how Apple is going to actually perform over the long-term. Anyone saying buy on the dip is betting on demand for a $1,000 phone being greater than the demand for the previous generation and returning Apple to a decent rate of growth in unit sales. Anything less will be evidence of market saturation and investors will then reevaluate the stock value based on a much shallower long-term growth curve after this year. That is not a bet I would be willing to make.
Now there are significant concerns Apple will meet those growth expectations. You had same-quarter sales declines, a modest launch of the iPhone 8, and conservative expectations of iPhone X sales. The issue with X sales is the speculation of why they may be low. Is it actual supply constraints? Apple deliberately having slow production to gauge actual demand before ramping up to meet some higher number? Or could it be that the demand for a $1,000 phone is substantially less than that of the previous $649 iPhone 6, 6S, and 7?
That uncertainty is going to cause a short-term dip in the stock price until investors get good, reliable information as to how Apple is going to actually perform over the long-term. Anyone saying buy on the dip is betting on demand for a $1,000 phone being greater than the demand for the previous generation and returning Apple to a decent rate of growth in unit sales. Anything less will be evidence of market saturation and investors will then reevaluate the stock value based on a much shallower long-term growth curve after this year. That is not a bet I would be willing to make.
2017 should have looked like this:
'iPhone X' and 'iPhone X Plus' flagship models. Both with the current iPhone X OLED/no home button design, with the 'iPhone X Plus' being slightly bigger than the iPhone X that currently exists.
Updated '7s' and '7s Plus' with A11, camera upgrades. Updated SE.
No 8 or 8 Plus.
'iPhone X' and 'iPhone X Plus' flagship models. Both with the current iPhone X OLED/no home button design, with the 'iPhone X Plus' being slightly bigger than the iPhone X that currently exists.
Updated '7s' and '7s Plus' with A11, camera upgrades. Updated SE.
No 8 or 8 Plus.
The best time to buy it would probably be when it was below US$100 at the beginning of last year. That was an amazing price, but sadly I doubt it'll dip below US$100. I hope it does though.
Stock manipulation is what is driving Apple share price right now. The iPhone launch is a typical time when Apple gets even more press than normal, and because of that some investors play games (warn investors about some bogus Apple issue) to effect share price so they can buy low. If Apple were indeed tanking, as in not producing or delivering product and services, losing both executives and consumer mindshare, etc., their stock price would drop through the floor losing 50% or more of it's value. But of course this isn't what's happening.
The iPhone 8 is a bigger upgrade then going to the 7 from the 6s. While I do agree that they should of skipped the 8 and just did the X, there simply isn't enough volume of components to support everyone buying just the X. Why everyone keeps comparing the iPhone X to the S8/8+ is mind boggling. Its been shown for a decade now that Apple can and will sell at a higher price (law of supply and demand).
I can buy a $300k Ferrari, or a $80k Dodge (Demon). People are paying 3X the price for the brand. It sucks to say it, but Apple has been and will always be a luxury brand when it comes to their flagship devices. This is just taking it a step further then they normally do, but it's still a step in the same direction they've been going none the less.
Has anyone ever read an article in the last 10 years that recommended selling Apple stock? No? Hmmmmm
Actually iPhone X will cost about an extra more with AppleCare, charging pads and the Apple tax. It goes way over $1,000.