AAPL - Apple stock price drops again - now at 485

GSP_37 said:
Word. Boo hoo. They didn't blow out the estimates. So what. They still made so much money, way more than Netflix, Amazon, Google, FaceBook.

So many talking heads on TV have so much ego and talk so much trash. Maybe everyone should dump Apple and buy some piece of crap stock that's barely profitable.
Click to expand...

It's a casino. There is no logic behind this. Yes, let's go invest in Amazon who has a PE of 3000. What the fuck kind of bullshit economics is this?

Forget the tech sector, oil companies would be proud to have this quarter.
 
therealdope said:
$6.50/share? Highly unlikely.

Funny story. When they were at $7 in 1997 they bought NeXT (that's where OSX came from) and I asked my best man from my wedding what he thought (he is a financial advisor). He told me Apple was done as a company and they would probably be out of business in the near future.
Click to expand...

Your buddy assessment was pretty spot on. How could he have foreseen Uncle Bill Gates investing $150 Million in Apple to bailout their competitor. If Microsoft hadn't stepped in Apple would have been done for and prior to that it was looking that way.
 
My concern with Apple is that what their planning isn't reinforcing their brand and the status of it. Apple when it first came out was a huge status symbol it was good technology but very overpriced. Not everyone could afford one but everyone wanted one. Right now they've reached a point where pretty much everyone who wants an iPhone has an iPhone. Those who aren't interested in the iPhone aren't going to be swayed by the slight version updates, likewise with current owners. The same people who used to upgrade iPhone after every revision, aren't doing that anymore because the changes aren't very drastic.

You don't see Louis Vuitton or Coach making a $20 wallet because Billabong is taking some of their scratch. I think doing so cheapens the brand and dilutes the product line. iPhone 4/4S prices are pretty fair now since the iPhone 5 model is out. If someone honestly wanted an iPhone now they would have already gotten one already. I mean on Sprint you can get an iPhone 4 for free with a new contract. Granted it's not the latest and greatest but shit it's not any different than buying a cheaper plastic phone when a superior model exists. The iPhone pretty much sells itself, if someone hasn't already gotten one now a cheaper inferior plastic version isn't going to nab them.

If anything Apple needs to keep their prices high so they can remain a status symbol with high quality products, focus on making new products people want to buy, instead of relying on the iPhone and iPad to keep the company profitable. Continue building up that Apple ecosystem by adding new products.
 
Naramie said:
Your buddy assessment was pretty spot on. How could he have foreseen Uncle Bill Gates investing $150 Million in Apple to bailout their competitor. If Microsoft hadn't stepped in Apple would have been done for and prior to that it was looking that way.
Click to expand...

Microsoft didn't bailout Apple. They did invest $150 million into Apple, but Apple already had 1 billion dollars in the bank. That $150 million dollars didn't make that much of a difference. Microsoft had infringed on some of Apple patents, they worked out a deal were MS loaned Apple that money and they would continue developing for the Mac.


Naramie said:
My concern with Apple is that what their planning isn't reinforcing their brand and the status of it. Apple when it first came out was a huge status symbol it was good technology but very overpriced. Not everyone could afford one but everyone wanted one. Right now they've reached a point where pretty much everyone who wants an iPhone has an iPhone. Those who aren't interested in the iPhone aren't going to be swayed by the slight version updates, likewise with current owners. The same people who used to upgrade iPhone after every revision, aren't doing that anymore because the changes aren't very drastic.
Click to expand...

Theres plenty of people in the US alone that would like to get an iPhone but can't or won't because the iPhone isn't on their carrier. It's still not on Tmobile, will be soon and a lot of the smaller carriers don't offer it either.
It's still not on the largest carrier in the World in China which has over 500 million people on their network.

I think the some of reason Apple stock has fallen some is because. iPad mini, iPhone 4/4S. The iPhone and iPad combined make up over 50% of the revenue and profit for Apple. Even though Apple sold sold 22 million iPads last quarter how many of them were iPad mini's? I read somewhere the mini was outselling the larger iPad 2to1. That eating into the iPads profits. Same thing with the iPhones. I know Apple gets over $600 per iPhone 5 sold from the carriers. How much are the carriers paying Apple for the iPhone 4 and 4S? How many 48 million iPhone sold were 4/4S?

This is the only thing i can think of. I been paying attention to Apple stock since 2007 and I can't figure it out right now. Usually investors drive down the stock before the quarter report because they know Apple going to blow it out the park and the stock goes back up. I'm surprised that the stock fail after the earning call.
 
Apple shaking things up by getting rid of the maps flop guy and having Jony Ives in charge of design or whatever isn't going to help with the "lack of innovation"? I find it hard to believe they don't have many smart people there who have the respect of the top bosses to let them have some influence to make some impact.

What's screwy to me is they design the stuff that's hard to manufacture to meet quality control standards and don't seem to test manufacture the stuff PRIOR to the big product release, then have manufacturing bottlenecks and can't meet demand.

I'm guessing if they wanted to, they could make iPads have cell phone capability to let people use them as phones or video phones, incorporate the Qi wireless charging, incorporate the wireless payment system, get into PriceLine's travel business, make some better TV thing to let people find and watch more stuff they want. TWC updated their DVR software not long ago which is way better and lets you keyword search, but it still has a lot of room for improvement.
 
therealdope said:
$6.50/share? Highly unlikely.

Funny story. When they were at $7 in 1997 they bought NeXT (that's where OSX came from) and I asked my best man from my wedding what he thought (he is a financial advisor). He told me Apple was done as a company and they would probably be out of business in the near future.
Click to expand...

If life has taught me anything, it's that financial advisors don't know s**t.

As for Apple, I don't believe they've fallen off, it's just the everyone has started to catch up. It was only a matter of time before rivals started making mature Android phones, and tablets will go the same way. I don't think Jobs' death has really had any major impact on Apple's product pipeline, at least so far. I would say that from his legacy's point of view, he picked a pretty good time to go.
 
More than anything the fact that Samsung has finally got their shit together with the Galaxy and Note should be Apple's biggest concern. Both of those devices are arguably better than the Iphone. At first people are blinded by Apple's brand name but when they have a chance to try out the competition they realize that it isn't the be all end all.
 
I got in at 480 something a week or two ago and got crushed. Apple's branded themselves as the iPhone company and now live and die by that, it's unfortunate. I figured a miss by 1 or 2 percent on sales and revenue was already priced in the stock, but I was wrong. Netflix got beat down exact same way, though apple is still making crazy money operating sick margin and Netflix still isn't. There's no reason why this stock won't trade 400 and maybe a little lower, there's too much time between now and when they announce new products.
 
Michaelangelo said:
More than anything the fact that Samsung has finally got their shit together with the Galaxy and Note should be Apple's biggest concern. Both of those devices are arguably better than the Iphone. At first people are blinded by Apple's brand name but when they have a chance to try out the competition they realize that it isn't the be all end all.
Click to expand...

That's a bit contrary to the stuff I've been seeing about how a bigger percentage of Apple users are likely to buy Apple again vs. a smaller percentage of Android users are likely to buy Android again.
 
GSP_37 said:
That's a bit contrary to the stuff I've been seeing about how a bigger percentage of Apple users are likely to buy Apple again vs. a smaller percentage of Android users are likely to buy Android again.
Click to expand...

The Galaxy Note pretty much blows the Iphone out of the water. The only thing the Iphone does better is its retina display. It might be a bit big for some though.
 
You must log in or register to reply here.

Latest posts

Forum statistics

Threads
1,236,652
Messages
55,432,274
Members
174,775
Latest member
kilgorevontrouty

Share this page

Back
Top