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Old 01-24-2013, 06:01 AM   #16
murraypaul
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Anyone want to be an analyst?
Doesn't seem to take much:

http://www.forbes.com/sites/afonteve...-apple-to-800/
Quote:
Solid iPhone 5 Sales In December Will Take Apple To $800 - 12/03/2012
While the stock hasn’t performed all that well over the past few months, sales of Apple’s marquee product, the iPhone 5, have surged according to recent channel checks. Canaccord Genuity now estimates Apple will sell 47.5 million iPhones in December and that the stock will hit $800.
Apple sold 47.8 million iPhones. Their stock ... didn't hit $800. Current price $514.

The same analysts rated it a buy:
Quote:
APPLE (AAPL : NASDAQ | BUY): We believe Apple is well positioned for very strong F2013/14 sales and earnings growth driven by new product introductions, including the recently launched iPhone 5, iPad Mini, recently refreshed iPad, MacBook, and iMac lineup.
Two days after their 'buy' recommendation:

http://www.telegraph.co.uk/finance/n...ech-giant.html
Quote:
The maker of the iPhone and iPad saw its shares fall 6.4pc to $538.79, the biggest one-day drop since December 17, 2008, with America’s biggest company losing almost $35bn off its market value. It is now worth just under $507bn.
Question: Why does anyone pay attention to what these people say?

Last edited by murraypaul; 01-24-2013 at 06:03 AM.
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Old 01-24-2013, 06:09 AM   #17
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I think Apple is ultimately on it's way down they just haven't the same resources as Samsung or Google and ultimately I think the move away from Samsung components will give them a reputation for unreliability but I'd expect the stock to rebound a bit when the Jobs movie comes out.

Well that is unless the movie is honest about just how much of a jerk Steve really was.
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Old 01-24-2013, 06:09 AM   #18
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Quote:
Originally Posted by murraypaul View Post
Anyone want to be an analyst?
Doesn't seem to take much:
..
Question: Why does anyone pay attention to what these people say?
My principle - Anyone dishing out advice on stocks for free is just trying to grab your money. Don’t listen to them (at least you won’t lose any money)
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Old 01-24-2013, 06:17 AM   #19
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I think Apple is ultimately on it's way down they just haven't the same resources as Samsung or Google
Not sure what you mean by that?
Apple's market cap is roughly the same as that of Google and Samsung combined, and they have a huge cash reserves. They can buy any resources they need.
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Old 01-24-2013, 06:27 AM   #20
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Quote:
Originally Posted by Teknikal View Post
I think Apple is ultimately on it's way down they just haven't the same resources as Samsung or Google and ultimately I think the move away from Samsung components will give them a reputation for unreliability but I'd expect the stock to rebound a bit when the Jobs movie comes out.

Well that is unless the movie is honest about just how much of a jerk Steve really was.
Personally, I don't care what Jobs was. He steered Apple and the mobile computing in a direction that others had chance and resources to do before him. Or maybe he just got lucky; being at the right place at right time with the right product. I am not sure if Google or Microsoft or Palm would have changed the smartphones as Jobs did. The Point being, it doesn’t matter to most of us what he was personally because there are worse traits than just being a jerk.
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Old 01-24-2013, 06:50 AM   #21
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Quote:
Originally Posted by Teknikal View Post
I think Apple is ultimately on it's way down they just haven't the same resources as Samsung or Google and ultimately I think the move away from Samsung components will give them a reputation for unreliability but I'd expect the stock to rebound a bit when the Jobs movie comes out.

Well that is unless the movie is honest about just how much of a jerk Steve really was.
Yep. They have focused on a specific restricted market and have used a religion-like approach to selling and expanding. It's all coming crashing down now.

Will be interesting to see what the stock does today and over the next few weeks. Also what spin the Apple marketing people put on it. (I couldn't care less what fanbois say )
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Old 01-24-2013, 06:57 AM   #22
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Originally Posted by teh603 View Post
Not entirely. Its hard to compile an epub on a tablet compared to a desktop PC.
A lot of the people who used to buy desktops bought desktops because that was the only option. When laptops came along, some decided the portable was a better fit and abandoned the desktop. When tablets and smart phones arrived, some decided their apps were sufficient and abandoned traditional computers. This is what some are referring to as the end game for computers.

In reality, more computers are sold today than ever before. We simply have more choices when it comes to size, capability, and operating system. You can't really call this the end game for keyboards and mice as people buy these to use with their powerful computers (tablets and smart phones) when they want to use them comfortably at a desk.

The problem with the Apple brand, right now, is very similar to what was wrong when Jobs left the first time. The competition has closed the technology and desire gaps while Apple has failed to close the price chasm. Last time this happened, Apple brought in a new OS and a cool mp3 player. Absent a new 'killer' app or device, there will be no return to glory.

Unfortunately, all the things Apple is working on are already being done well and inexpensively by others.
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Old 01-24-2013, 07:34 AM   #23
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Yep. They have focused on a specific restricted market and have used a religion-like approach to selling and expanding. It's all coming crashing down now.
Exaggerate much?
The results might not been spectacular, but it is hardly 'coming crashing down' when they sell more devices than ever before.
At most, it is simply ceasing to rise
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Old 01-24-2013, 07:36 AM   #24
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Nope.
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Old 01-24-2013, 07:37 AM   #25
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The problem with the Apple brand, right now, is very similar to what was wrong when Jobs left the first time. The competition has closed the technology and desire gaps while Apple has failed to close the price chasm.
Yup, that seems a pretty reasonable assessment.
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Old 01-24-2013, 08:16 AM   #26
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Apple stock is down about 10% in pre-trading ($464/share) at the moment.
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Old 01-24-2013, 09:02 AM   #27
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Originally Posted by murraypaul View Post
Yup, that seems a pretty reasonable assessment.
Pretty much.
But there is still the hidden assumption that Apple *needs* to close the "price chasm".

That assumes they have to match the pricing of, say, Archos.
Which is a huge unfounded assumption.

Sorry, but that is like saying BMW has to price-match Hyundai. Both make fine cars but they don't serve the same markets so they don't have to play by the same rules.

The fact is Apple was never going to *keep* their 100% market share in consumption tablets. They were never going to sell 100 million phones in the past quarter, China or not. And the MAC line is an afterthought at Apple HQ and consumers are starting to notice.

So there was never a factual basis to expect their stock to be worth even $500 much less a thousand.

There is a failure now evident but it isn't an Apple failure; it is the investors and analysts who have bid the stock beyond its proper valuation that have failed.

Apple is hardly broken.
The only thing going on is that with the Reality Distortion Field gone, the bubble of irrational expectations has burst replaced by a new set of... unlikely... expectations.

Apple was never going to own the world and they're not going to vanish in a puff of smoke and brimstone any more than Microsoft, Google, or Amazon have. They aren't broken or doomed or going to implode any time soon.

That is just not going to happen.

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Old 01-24-2013, 09:17 AM   #28
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My principle - Anyone dishing out advice on stocks for free is just trying to grab your money. Don’t listen to them (at least you won’t lose any money)
Two words - banana futures
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Old 01-24-2013, 09:20 AM   #29
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Two words - banana futures
Is this advice free or you need some bananas in return?
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Old 01-24-2013, 09:22 AM   #30
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Is this advice free or you need some bananas in return?
Bananas - two bunches please
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