JDSoCal
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Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Mar 6, 2015 13:40:01 GMT -8
The bar is open. I guess we have to be happy that AAPL was green at all on such a bloody red day. Don't forget to vote in the poll.
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coma
Member
Posts: 522
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Post by coma on Mar 6, 2015 14:03:34 GMT -8
Don't forget to vote in the poll. I already have brain damage, but my shrink says I'm getting better as long as I don't vote in any polls. BTW, I'm drinking my usual chardonnay . . .
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Post by ericinaustin on Mar 6, 2015 14:47:48 GMT -8
The bar is open. I guess we have to be happy that AAPL was green at all on such a bloody red day. Don't forget to vote in the poll. Watching aapl hold out to end green on a day like this was impressive as hell. Little events mount up to show the current thinking about the future for the stock has completely done a 180. This was one of the events . Can you imagine how far we would have dropped on a day like this 8 or 9 months ago?
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Post by hamourabi on Mar 6, 2015 15:14:23 GMT -8
I do imagine how AAPL would have drop today without the Dow Jones stuff !
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Post by phoebear611 on Mar 6, 2015 16:27:40 GMT -8
That poll above is driving me nuts ... I'm so TORN!!!!
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Post by tuffett on Mar 6, 2015 16:51:55 GMT -8
I'm going to lowball it at $3499 for the gold with fluoroelastomer band. Affordable luxury that will sell in volume with fat enough margins.
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Post by rickag on Mar 6, 2015 17:07:50 GMT -8
Hey, what's the deal I could only vote once.
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Post by phoebear611 on Mar 6, 2015 17:08:16 GMT -8
Ok ... are we saying (in the poll above) that the case of the watch is gold AND the band is gold? or just the former? That would make a massive difference. Edit - wait forget it - just re-read it. Ok will vote.
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Post by archibaldtuttle on Mar 6, 2015 17:20:34 GMT -8
Call me crazy, but I don't think they'll sell or price any of the watches without a band. Each watch will come with a band as a package price... Then you can buy additional bands and swap, that's no problem...
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Ted
fire starter
Posts: 882
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Post by Ted on Mar 6, 2015 17:56:33 GMT -8
I'm going to lowball it at $3499 for the gold with fluoroelastomer band. Affordable luxury that will sell in volume with fat enough margins. If there's two ounces of gold in the case I'd be surprised, but call it $2,400 for the case anyway. So, at Tuffet's $3,499 that leaves $1,100 for the tiny guts and a hefty margin… works for me.
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Post by artman1033 on Mar 6, 2015 18:41:55 GMT -8
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Mav
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[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
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Post by Mav on Mar 6, 2015 19:53:38 GMT -8
It's a good profile. No one has teams as fanatical about details as Apple. Bodes well for Apple Watch.
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Post by tuffett on Mar 6, 2015 22:59:30 GMT -8
I'm going to lowball it at $3499 for the gold with fluoroelastomer band. Affordable luxury that will sell in volume with fat enough margins. If there's two ounces of gold in the case I'd be surprised, but call it $2,400 for the case anyway. So, at Tuffet's $3,499 that leaves $1,100 for the tiny guts and a hefty margin… works for me. Yep, and I think it'll be closer to 1oz.
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Deleted
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Post by Deleted on Mar 7, 2015 7:24:31 GMT -8
The more I read about the Watch, the more convinced I am this is going to be bigger than people expect. Features of convenience and the style of it will be enough to sell it. Wider acceptance of Apple Pay will further grease the skids of resistance. The health and fitness options have the potential to make it compelling, but if rumor sites have it even half right, these features at launch may be a subset of its full promise.
All in all, Dick Tracy feels very near.
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Post by Red Shirted Ensign on Mar 7, 2015 9:57:22 GMT -8
The more I read about the Watch, the more convinced I am this is going to be bigger than people expect. Features of convenience and the style of it will be enough to sell it. Wider acceptance of Apple Pay will further grease the skids of resistance. The health and fitness options have the potential to make it compelling, but if rumor sites have it even half right, these features at launch may be a subset of its full promise. All in all, Dick Tracy feels very near. Agree. In our office of about 125 people I know of six first week watch buyers. Even our Galaxy Gear wearing IT guy is intrigued. Interest is high and choices build interest further
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Post by artman1033 on Mar 7, 2015 10:35:21 GMT -8
EDDIE: “Anything that makes things more convenient and easy to use helps with adoption,” Cue told Mashable. "When the quarter’s over and you want a drink, you want to get it as fast as possible. And now we’re going to make it even easier because we will be able to pay with the watch.” Cue, who was wearing a stainless steel Apple Watch — though he made his purchases with an iPhone 6 — offered a few more details on just how Apple Pay integration will work with the watch. As long as users have their iPhone nearby and their watch is unlocked, then they simply need to double tap the watch's side button — no need for Touch ID or even a passcode. “You don’t have to authenticate on the phone," Cue explained. "Your watch has to be unlocked and your phone can unlock your watch and so it knows, if I took my watch off and gave it to you it would know. If I wanted to pay right now I could just pay with the watch and not have to take the phone out at all or unlock it." He also confirmed that Apple Watch users will be able to use Apple Pay even if they are still using an iPhone 5, which doesn’t support NFC or Apple’s Touch ID. Since the watch itself is equipped with NFC, "you just type in your code," either on the watch or on your iPhone. Though NFC-based mobile payments predate Apple Pay by several years, user interest wasn't high until Apple entered the space with the launch of the iPhone 6 last year, which has also reignited interest from competitors. Earlier this week, Samsung revealed plans for its own payments system, Samsung Pay, which has similar functionality as Apple Pay, though it uses different technology. And Google is rumored to be working on its own Android Pay system. mashable.com/2015/03/06/apple-pay-apple-watch-explanation/
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chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Mar 7, 2015 12:03:29 GMT -8
Fox Business News shows their total ignorance in this clip, talking to Ronald Wayne, who was an original founder with Jobs and Wozniak, about the entry into the Dow. Bubblehead Liz Clayman keeps saying "Here you are with the two Steves," when the person in the picture is John Sculley.
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Mar 7, 2015 12:08:18 GMT -8
Good profile of Jony Ive. Interesting how Apple is sending Jony on interviews with tiny niche magazines like How To Spend It (granted, a subsection of FT) that they would have never given the time of day to before they aspired to high-end fashion. Did they ever give anyone the time of day under Steve? Maybe one news magazine like Time or Newsweek, but nothing like this junket tour Jony has been on lately. Fascinating how Jony abhors doing live presentations, yet he is Apple's go-to guy in one-on-one media interviews. Lots of good quotes in that article, but this one stood out for me: Perhaps a gentlemanly way of saying, "People will buy shit if they have no other choice. But they recognize and will choose elegance when they see it presented to them." Just another variation of Steve's approach to making (and breaking) markets, rather than joining them. True innovation is only obvious after it has become ubiquitous. Which is why it is so hard for the blind squirrel analysts to get it in advance when Apple releases a new product. BTW, Jony might be the world's foremost designer, but I sure hope Apple never goes into shoes with him at the helm. Because those suede Hush Puppies he's wearing are the fugliest, nerdiest shoes of all time. They have always appalled me since I was a kid and first saw them on the feet of dirty hippies in the 70's. Just goes to show, beauty is in the eye of the beholder. The article mentions a rumored $4500 price point for Edition. I chose $4-5K in the poll before reading this article. Final thought, Edition pricing. It reminds me of this hilarious scene from Taxi of Louie deciding the perfect number to put on a blank check (in particular, see starting @ around 2:05): The Blank Check.
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Post by artman1033 on Mar 7, 2015 12:39:21 GMT -8
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bud777
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Post by bud777 on Mar 7, 2015 12:43:17 GMT -8
I was in a funk yesterday when the inclusion in the DOW had such a small effect on the stock price. After listening to me bitch and moan, as she has done so often when Apple was ignored by investors, my wife decided that here should be a word for that unique sense of anger and frustration that we endure so often. She suggested Appleplexy
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Post by nwjade on Mar 7, 2015 14:06:50 GMT -8
Thinking about the Apple Watch pricing (I voted for the $4000 - $5000 range for the basic gold edition) got me looking way back in the mid 60's when I was in high school. I really wanted but couldn't afford a Bulova Accutron Spaceview with the tuning fork technology. I can remember window shopping them and seeing the Paul Newman endorsement ads. As I recall the price was $150. Adjusting that for inflation puts it at approx. $1100 in days dollars. The Apple Watch price range of $350 - $1000 leaving out the gold edition back in 1965 would have been approx. $47 - $135. The Spaceview at the time was marketed as the latest tech and fashion. The Apple Watch is doing to be doing the same thing but providing more technology from a very affordable price point on up to whatever fashion level you want to commit to...so really a good value. To top it off it will probably wind up being a collectible like the Spaceview and go up in value. Fun stuff to ponder.
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Post by nathanstevens on Mar 7, 2015 15:08:06 GMT -8
Wash sales.
Would any of you active traders like to share some good links to help understand wash sale rules?
I thought I had taken care of things, but was surprised when the 1099 finally showed up from the brokerage.
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Post by phoebear611 on Mar 7, 2015 15:36:58 GMT -8
People are definitely discerning ... whether you recognize it or not. My very, very wise grandmother I once (or perhaps twice) told you all about who passed when she was 106 proved it to me once. When I was a little girl I was sitting at the kitchen table staring at a bowl of cherries and she asked me what I was thinking about. I promptly responded that I wasn't thinking about anyting at all. She smiled and said, "Of course you were! You were actually assessing which cherry in that bowl is the plumpest and sweetest so that you could pick it!" We are all discerning in every aspect of life ... conciously or subconsiously. My grandmother was soooo right - Monday will be very interesting PS Hey JD - Taxi was one of my favorite sitcom's of all time ... that clip was priceless!
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JDSoCal
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Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Mar 7, 2015 16:00:44 GMT -8
Wash sales. Would any of you active traders like to share some good links to help understand wash sale rules? I thought I had taken care of things, but was surprised when the 1099 finally showed up from the brokerage. The main concept, as I understand it is, don't have any substantially similar positions (to a loss you want to declare in a given year) open within 30 days of two fiscal years. Wash sales only matter if you violate the rule going into the next year. This is why I stopped trading like mid-December (where I unfortunately had some realized losses), so I could resume trading in mid-January for earnings. If I understand it correctly, any and all your wash sales this year will be wiped away for the 2015 tax year if you just have that 31-day trading window between losses in 2015 and substantially similar trades in '16. Or, ideally, just don't have any realized losses in December. It's hard to understand because it's such a stupid and arbitrary rule. But if you remember that the point of it is to prevent someone from running the scheme of carrying realized gains from one year indefinitely into the future, while declaring realized losses from that same year in the current tax year. My only question is, does holding long-term common while trading options in the same security have any effect on this rule? Traders and Wash Sales
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Mar 7, 2015 16:06:32 GMT -8
People are definitely discerning ... whether you recognize it or not. My very, very wise grandmother I once (or perhaps twice) told you all about who passed when she was 106 proved it to me once. When I was a little girl I was sitting at the kitchen table staring at a bowl of cherries and she asked me what I was thinking about. I promptly responded that I wasn't thinking about anyting at all. She smiled and said, "Of course you were! You were actually assessing which cherry in that bowl is the plumpest and sweetest so that you could pick it!" We are all discerning in every aspect of life ... conciously or subconsiously. My grandmother was soooo right - Monday will be very interesting PS Hey JD - Taxi was one of my favorite sitcom's of all time ... that clip was priceless! I loved Taxi too. A little trivia: Marilu Henner, the hot redhead in the show, has total, 100% recall. She can recall every day of her life. She can tell you exactly what she had for lunch if you gave her a date from 20 years ago. About 3 people in a billion have this kind of supermemory, known as hyperthymesia, or Highly Superior Autobiographical Memory. Great for remembering lines as an actress. Would probably come in handy as a trader too. Or counting cards.
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Post by Red Shirted Ensign on Mar 7, 2015 16:20:53 GMT -8
People are definitely discerning ... whether you recognize it or not. My very, very wise grandmother I once (or perhaps twice) told you all about who passed when she was 106 proved it to me once. When I was a little girl I was sitting at the kitchen table staring at a bowl of cherries and she asked me what I was thinking about. I promptly responded that I wasn't thinking about anyting at all. She smiled and said, "Of course you were! You were actually assessing which cherry in that bowl is the plumpest and sweetest so that you could pick it!" We are all discerning in every aspect of life ... conciously or subconsiously. My grandmother was soooo right - Monday will be very interesting PS Hey JD - Taxi was one of my favorite sitcom's of all time ... that clip was priceless! I loved Taxi too. A little trivia: Marilu Henner, the hot redhead in the show, has total, 100% recall. She can recall every day of her life. She can tell you exactly what she had for lunch if you gave her a date from 20 years ago. About 3 people in a billion have this kind of supermemory, known as hyperthymesia, or Highly Superior Autobiographical Memory. Great for remembering lines as an actress. Would probably come in handy as a trader too. Or counting cards. Many days I feel like Reverend Jim looked......
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Post by phoebear611 on Mar 7, 2015 16:23:47 GMT -8
People are definitely discerning ... whether you recognize it or not. My very, very wise grandmother I once (or perhaps twice) told you all about who passed when she was 106 proved it to me once. When I was a little girl I was sitting at the kitchen table staring at a bowl of cherries and she asked me what I was thinking about. I promptly responded that I wasn't thinking about anyting at all. She smiled and said, "Of course you were! You were actually assessing which cherry in that bowl is the plumpest and sweetest so that you could pick it!" We are all discerning in every aspect of life ... conciously or subconsiously. My grandmother was soooo right - Monday will be very interesting PS Hey JD - Taxi was one of my favorite sitcom's of all time ... that clip was priceless! I loved Taxi too. A little trivia: Marilu Henner, the hot redhead in the show, has total, 100% recall. She can recall every day of her life. She can tell you exactly what she had for lunch if you gave her a date from 20 years ago. About 3 people in a billion have this kind of supermemory, known as hyperthymesia, or Highly Superior Autobiographical Memory. Great for remembering lines as an actress. Would probably come in handy as a trader too. Or counting cards. Yes! I've seen her being interviewed - truly amazing. Wish I had those super powers....although I'm told that many wives seem to have a little bit of "hyperthymesia" in the middle of certain arguments with their husbands as they rehash things from years ago in a very vivid manner
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Deleted
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Post by Deleted on Mar 7, 2015 18:19:07 GMT -8
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JDSoCal
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Post by JDSoCal on Mar 7, 2015 20:25:18 GMT -8
Right, if there is a realized gain or loss in the tax year. But what about common opened and held years before? BTW, I think Appleplexi™ is the name of the new bendable screen in iPad Pro.
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Post by Red Shirted Ensign on Mar 7, 2015 21:28:30 GMT -8
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