Thread: Apple Targeting Amazon
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Old 04-24-2018, 10:13 PM   #95
frahse
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Quote:
Originally Posted by John F View Post
And Amazon is only down 48 billion? Is Wall Street on 3/4 panic mode with Amazon?
I have been with Amazon a long time. Yes it goes up and down also though most people think that Apple's problems are dragging all of FANG down.

History show that Apple has usually not swung so far up and down. Well yes, UP but not DOWN.

This is the important thought, the major theme about Apple. Yes Apple sells laptops, tablets, watches, even TVs and now an over priced home talking device (like Echo or Google home) but existentially Apple is a one trick Pony. "The iPhone."

Amazon might have problems with its new house robot, self driving cars, home drone delivery or its Prime offerings, or its Halogen Convection Ovens, or even with it's Washington Post but NO WAY
does ONE PRODUCT'S POSSIBLE FAILING OR FALLING SHORT affect it like a failure of Apple users slowing of buying new phones will affect Apple.

It basically comes down to 1) is the desire to have the latest device greater than the realization 2) what does this latest very expensive device add to my life? Every thing (this used to be the stock answer), Anything or not much?

I admit Apple is trying to add value to it's products, but it is still mostly dependent on selling iPhones.

I find no joy in Apple's problems or FANG's problems. I hope it doesn't appear so. I am well diversified in the stock market and have only Mutual funds, or ETFs where I am long. except commodies: Crude Oil, Gold, Silver. There I am short and long.

But then I look at some of the ETFs I have and their holdings of Apple:

VGT #1 holding Apple 13.8%
IGM #2 holding Apple 8.5%
MGK #1 holding Apple 8.7%
VONG #1 holding Apple 6.85%
VOOG #1 holding Apple 7.45%
and so on and on.

HEY MAN, I FEEL THE PAIN!!!
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