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Wall Street Analyst Says 'Buy the Dip' After Apple's Stock Price Steadily Declines in September
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In the UK, the 256GB iPhone X will cost approx £1500 with AppleCare and an Apple Case. Don't know how many people outside of Apple's core fanbase will be willing to pay that much.
I always heard, "buy on rumors, sell on news."Buy low, sell high. Even I know that
The stock was poised to bounce because it was way oversold... analysts had positive things to say last week but the market ignored them because they were over-reacting to a lot of negative press about reviews and shorter lines.
The reviews, btw, were overwhelmingly positive but catchy negative headlines gets more clicks and helps to build a counterweight to Apple's dominance which benefits the media. And the media wonders why the public no longer trusts them... smh.
Apple's YoY sales have accelerated the past few quarters as users upgrade, and I think X will continue that for the next year or two.
The reviews, btw, were overwhelmingly positive but catchy negative headlines gets more clicks and helps to build a counterweight to Apple's dominance which benefits the media. And the media wonders why the public no longer trusts them... smh.
Apple's YoY sales have accelerated the past few quarters as users upgrade, and I think X will continue that for the next year or two.
Buy low, sell high. Even I know that
That presumes you know what low and high are before they happen. Which of course nobody does know, unless they are clairvoyant.
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So you are shorting it heavily, right?
The whole smart phone market is saturated. Phones are a commodity these days. The newer Android phones are actually very good. I don't see Apple skyrocketing like they used to be in the past since 70% of their sales are phones. I also don't like the new direction they are taking where they are nickel and diming people instead of coming out with great products.
I am not going to say they are doomed since they still have alot of cash in the bank, but I do see rougher times coming up and hopefully that forces them to change for the better.
I am not going to say they are doomed since they still have alot of cash in the bank, but I do see rougher times coming up and hopefully that forces them to change for the better.
Well when a stock hits a all time low, or was much lower than it was a year ago. Pretty good indication to buy.
In a business sense, how did "Apple really screw this release up"? I know many people are disappointed they can't get their new toys immediately, and there's a small dip in the stock (9% is minuscule given how much it's climbed in the last year) due to the fickle markets, but I just don't see how this is a business disaster.
From what I see, the vast majority of people commenting here have no idea just how big an impact the iPhone X may have on the market. All they see is animated emojis, with no imagination for how the underlying technology might be incorporated into other applications. They compare the FaceID with the pathetic image recognition offered in some other systems. Those aren't even the same technologies. But perhaps best for Apple, despite their near total lack of vision, they're happy to waste hundreds if not thousands of dollars upgrading their phones to the latest, regardless of their understanding of what they're getting. I just don't see how this release is a failure on Apple's part.
It is? You must be buying Sears like crazy then.
Well, budget conscious people certainly won't every year, that's for sure. But there is still a sizable portion of the market that wants to have the best. They're not going to buy an 8 when the X is only a few weeks away. (Though I'm sure there is a small population that will buy the 8 and trade it for an X as soon as they can, particularly when their buddies show up with one.)
Maybe they will, maybe not. Nobody actually knows yet. I could easily come up with five other low-price stock examples, but that is hardly the point. The point is, a stock can fall, and then fall some more. You can't know any of this ahead of time unless you are clairvoyant. Investors have a name for the concept you are suggesting. It's called "catching the falling knife." If it sounds dangerous, then you get the analogy.
I wonder how much stock the owners of this blog have in Apple? They seemingly publish these articles whenever possible to reinflate the price.
Most of the market is down today, but AAPL is up.
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I wonder how many short sellers and put options sellers tank the stock after new product announcements to take profits? It happens every time a new product is announced, and then the stock recovers throughout the year.
But it doesn't happen every time. Whether it does or not depends on the anticipated sales of the products over the next few months. Every story about the iPhone X speaks to it being available in numbers well short of demand, quite possibly into early next year. If this turns out to be the case then it will have a direct impact on FQ1 earnings. Anyone who doesn't expect the stock price to back off some with that in the water just doesn't get it. Those earnings could be pushed into Q2, which isn't that far off, but won't be reported until late April or early May.
YES!!
Tim clearly should have introduced the Resurrected Steve Jobs on stage .. and had him fly off in the new shiny Apple Spaceship campus!!!
Maybe next year they can have Steve return from the FUTURE with iPhone XX (20) and announce they are skipping ahead ten years in technology.
They are no more or less guilty of trying to influence stock prices than the Apple execs, or anybody else for that matter.
Clever Rich seldom spend on something to make others rich ! Completely against their ground rules!! We are talking about 50%-70% margin! They are no fools to have become richI don't see why you can't do both - profit from AAPL stock to fund iPhone purchases
I'm sure that users are "just waiting" for the iPhone X, but the problem is that it's pretty clear that Apple cannot make the X fast enough to make up their previous revenue expectations and needed iPhone 8 sales to meet the gap which are not materialising.
The question is if users finding they can't get an X before Christmas will wait, or buy an 8 instead (or buy another device). If they don't buy an 8 instead this quarter is likely to be below guidance and the stock will not do well as a result.
This guidance lark seems pretty easy, lol.
The question is if users finding they can't get an X before Christmas will wait, or buy an 8 instead (or buy another device). If they don't buy an 8 instead this quarter is likely to be below guidance and the stock will not do well as a result.
This guidance lark seems pretty easy, lol.
Yes, and one of the most famous IT saying was, "No one ever got fired for buying IBM". Things change when companies get fat, dumb, and happy. Apple is exhibiting a lot of those signs... a giant pile of cash not withstanding.
A tricky phone year for Apple. 8 is essentially a gap phone, most probably the last one to feature the home button and bezels, so it is quite hard to justify buying it. The advantages it gives over 7 are not as big, but the price of X is just to high for the majority of people who might have wanted it. The 2018 range should be nicer, with iPhone 9 making X tech more affordable, hopefully.