Ted
fire starter
Posts: 882
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Post by Ted on Aug 7, 2015 17:50:05 GMT -8
Well this is our third down week in a row, but it seems the bleeding has stopped. Will we stabilize around this level for the rest of the summer? Or will value investors bring up back up to $120+? I doubt the FUDsters have much more ammo left to try to take us down further from here, but I've been (very) wrong before… After ignoring the fact that Apple had a record quarter, grew in all its geographies and saw its highest level of switchers ever, now the Street can ignore the fact that here at home the big, open-platform, multi-vendor lead Android enjoyed for years is now down to just a few points… Heh heh. appleinsider.com/articles/15/08/07/apple-continues-to-gain-ground-in-us-smartphone-market-as-android-shrinks"As for America's most popular operating system, Android continues to see its once commanding lead whittled away by Apple's iOS. Google's share of the market dropped from 52.4 percent to 51.6 percent, shrinking the buffer zone between No. 2 Apple to 7.5 points." Clearly, we're doomed. Enjoy your weekend! The bar is open. We're enjoying some Stella's.
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Post by archibaldtuttle on Aug 7, 2015 17:52:41 GMT -8
But but... Clearly that's the peak and it's only downhill from here...
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Post by artman1033 on Aug 8, 2015 5:10:00 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Aug 8, 2015 8:04:05 GMT -8
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Aug 8, 2015 10:07:01 GMT -8
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Post by artman1033 on Aug 8, 2015 10:47:23 GMT -8
The World’s Most Popular Source for Watch Reviews, News & Admiration Since 2007
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Post by firestorm on Aug 8, 2015 14:10:24 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Aug 8, 2015 14:53:45 GMT -8
Very interesting article, Mercel. Did a very good job of explaining the psychology of the high-end watch market in particular and the luxury goods market more generally. Although Apple is seen as a prime purveyor in the high end tech device market, I still have to wonder who in the company had the vision to extrapolate the tech wearables market to include the luxury category. Of course, Jony Ive comes to mind immediately, perhaps abetted by his pal Mark Newsome, but it still feels like quite a leap for the rest of the Executive Team and even the Board. Good fodder for someone's next "inside Apple" book. Did not answer the question that has been raised many times on this board, however - what about the heirloom aspect.
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Post by nagrani on Aug 8, 2015 18:22:52 GMT -8
Apple should offer up a meaningful trade in allowance for any apple edition - that will uphold its value and will also increase its exclusivity - if people want to keep them for collection value
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Post by Luckychoices on Aug 8, 2015 21:17:49 GMT -8
Then I don't know why you need to monitor share price so closely. When I first bought AAPL in 1997 (upon return of SJ), I didn't bother to follow share price till 2002, and then only once a quarter. Also don't follow news much... even up to today... the story is about the same just different content. IMHO, no need to follow Apple news and share price so closely unless you're traders like Mercel... btw, I don't trade much, at least not at the frequency of Mercel. I'm more like you and LuckyChoices... happy to collect dividends once a quarter... till something bad happen (transition like Jony leaving is ok, looking for non-cooperative teamwork or sudden resignation especially CFO) at leadership level. IMHO, everything starts from the leadership. I really don't watch the stock that close unless it is going up real fast or down real fast. I have enough shares that these big moves make me either giddy (up) or queasy (down). I do sell covered calls on most weeks with a portion of shares, with the hope that I keep the stock and the money. mace, you used to check the share price once a quarter? And you see no need to follow Apple news and share price so closely? And platon, you don't watch the stock that close? Who are you guys? The first thing I look at on market days is the pre-market stock price, usually between 4 and 5 PDT. The next thing I look at is Since84's first post to see some of the links or info he's posting for the day. After the market opens, I probably check the price 3 or 4 times during the day and I check this board probably 5-10 times over the remainder of the day. I guess I need to learn to fugetaboutit just a little.
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Post by mace on Aug 8, 2015 21:35:56 GMT -8
mace, you used to check the share price once a quarter? And you see no need to follow Apple news and share price so closely? Was working till 2002. No time to look at share price or blogging. In any case, AAPL doesn't worth much then . The only news worth following closely is news about Apple leadership. IMHO, investing in a company is investing in its leadership. Me, just an ordinary dude who is bad at financial (fundamental) analysis and couldn't understand the nuances of news, obviously don't know how to respond to them. So what is the point of following?
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Aug 8, 2015 23:17:39 GMT -8
If you were on the Apple board, what would you do to try to get the stock to reflect the PE it deserves? Is there anything the company could do to make AAPL stock more fairly valued? Discuss... Not as much to keep the stock price up on a daily basis, but just to combat the FUD that comes out uncontested that hurts Apple and AAPL on an FA basis, Luca Brasi or Eddie Cue should be on TV regularly to shoot down this "Apple is doomed" FUD. Show up on Cramer like other companies' execs and stop this bullshit in real time.
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Post by artman1033 on Aug 9, 2015 5:47:01 GMT -8
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Post by Red Shirted Ensign on Aug 9, 2015 7:15:18 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Aug 9, 2015 8:43:53 GMT -8
If you were on the Apple board, what would you do to try to get the stock to reflect the PE it deserves? Is there anything the company could do to make AAPL stock more fairly valued? Discuss... Luca Brasi ... should be on TV regularly to shoot down this "Apple is doomed" FUD Thanks for a great laugh on a Sunday morning, JD (rofl)
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Post by aaplcrazie on Aug 9, 2015 9:45:04 GMT -8
OT Car Talk. Thinking of driving to NC to look at a 2004 BMW 325CI 5 Speed with about 118 on the clock. Thoughts, comments, things i should ask look out for? Will probably do a PPI.
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Post by phoebear611 on Aug 9, 2015 15:29:39 GMT -8
I've said this from the beginning - the smart watch will make a dent up to a point but the brands like Patek Philippe and Jaeger-LeCoultre are like jewelry. I have the former and have my eye on a model of the latter. These things are a work of art...a thing of beauty. They are like a fine painting. It's a completely different category. That being said I do not believe that the Gucci's and Tags and others of that category will hold out and in fact will go along and produce smart watches. I'm sure you have all seen the successful ad campaign Patek ran a while back: “You never actually own a Patek Philippe, you merely look after it for the next generation.” The article pretty much discusses the concept and I'm in full agreement and have been since the beginning as I stated on the this very thread. The way some of you feel about cars - I feel about watches.
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coma
Member
Posts: 522
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Post by coma on Aug 9, 2015 15:41:36 GMT -8
The way some of you feel about cars - I feel about watches. That's the same way I feel about real estate . . . . . . although I did sell two within the last year.
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Ted
fire starter
Posts: 882
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Post by Ted on Aug 9, 2015 15:51:51 GMT -8
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Post by artman1033 on Aug 9, 2015 18:19:40 GMT -8
It's tough with HORACE. I always have difficulty with the colors. ANDROID is first but falling. APPLE is second but still rising.
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Post by osx10 on Aug 9, 2015 19:04:02 GMT -8
Surprised not to see much discussion here about Vzw dropping 2 year subsidies.
If all the carriers are going to the Rent-A-Model is that not potentially really bad for iPhone sales compared to cheaper Android models?
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Aug 9, 2015 19:29:40 GMT -8
TMobile will accept my iPhone 6 and my monthly stays the same unless I opt for higher capacity IPhone. Apple will sell MORE iPhones with these programs, not less.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Aug 9, 2015 21:11:10 GMT -8
Surprised not to see much discussion here about Vzw dropping 2 year subsidies. If all the carriers are going to the Rent-A-Model is that not potentially really bad for iPhone sales compared to cheaper Android models? Hadn't seen the announcement yet, thanks. Since we have been on the "S" iPhone cycle, we had been planning to upgrade in the Fall, as usual; we are also phone/tv/broadband subscribers. It has been very convenient to have everything on one bill and deal with a single company. Time to run the numbers and figure out if that will still make sense. We are not heavy data users.
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