chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Aug 14, 2015 14:35:57 GMT -8
Opening the bar early hoping to improve the atmosphere from the daily thread. Hey, it was a green week, even if only a smidgen. I know we are all disappointed and bamboozled by the action of the last couple of weeks, but what the heck, I've felt that way since the 2FQ15 earnings report aftermath. Like the Apple management team, we all have to take the long term view. As for the traders, well, you know what you're in for, and I thought that movement in either direction can be exploited by the savvy ones among you, right? Besides, the dividend arrived today, which should bring at least a small smile to everyone's face.
So let's drink to future successes, both by our favorite company and its investors.
The bar is open! What'll you have?
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Post by rezonate on Aug 14, 2015 16:07:23 GMT -8
I'm house and puppy sitting for friends away in Dom Rep all week. I really wanted rum & coke with a lime. My buddy has sky vodka in the freezer (and that is all that is open: lots of expensive unopened bottles). So vodka over ice and a splash of pomegranate juice. Not conventional and not pretty, but just like this week's trading action, done is done.
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Post by nagrani on Aug 14, 2015 16:30:03 GMT -8
I'm drinking rum from a recent trip to Cuba. Making mojitos if anyone wants to come over
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Post by chasmac on Aug 14, 2015 18:35:16 GMT -8
I'm drinking rum from a recent trip to Cuba. Making mojitos if anyone wants to come over Was in your hood yesterday, stopped by ABT Electronics to see my Bro on the way to the PGA Championship at Whistling Straits. Love getting befuddled looks from clerks when using Apple Pay on our Apple Watches. Like Mercel, it's really motivating me to get off my ass. Can't imagine not having it. Wife says she'll never buy another traditional watch.
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Post by Lstream on Aug 14, 2015 19:04:44 GMT -8
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Post by Red Shirted Ensign on Aug 14, 2015 19:27:41 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Aug 14, 2015 22:10:33 GMT -8
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Aug 15, 2015 5:47:04 GMT -8
Amusingly there are still people out there on Twitter who think that people are talking/writing about Apple Car (whether that's the final name is another matter) only to "troll for hits"
This is bigger than CarPlay, Twitter contrarians. Did you miss all that prior reporting? That joke by Jeff Williams about a car being the ultimate mobile device? I'd say it's funny how people routinely ignore things that look so obvious, but that's AAPL stock the past six months (as just one of so many Apple examples over the decades)
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Post by hledgard on Aug 15, 2015 7:02:44 GMT -8
Not sure what Apple Car can offer.
This is a very complex area, far outside Apple's sphere. And if they are working on an all electric car, I think there are huge limitations.
Cannot see any way to a profitable outcome, unless Apple teams with an auto company to provide human engineering of the interface to the driver.
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Post by Lstream on Aug 15, 2015 7:25:35 GMT -8
That car story in the Guardian jumps to conclusions. Apple has enquired about the use of the facility by the sounds of things. But my read is that they didn't disclose what they intend to test. So the self driving conclusion seems to be pure speculation.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Aug 15, 2015 7:53:55 GMT -8
That car story in the Guardian jumps to conclusions. Apple has enquired about the use of the facility by the sounds of things. But my read is that they didn't disclose what they intend to test. So the self driving conclusion seems to be pure speculation. I agree that the self driving part is an inference, but this still seems like an important development. Much of the speculation about Project Titan has been (and still is) that they are developing just a user interface, some sort of CarPlay meets Siri". I don't see why you really need a test track for something like that. The existence of non-disclosure agreements means that this was not just an Apple employee looking for a place to drive his Porsche. If Apple needs a test track, Occum's razor points to them developing a car, possibly in a joint venture with BMW. Imagine what would happen if the iCar was a bigger contributor than the iPhone. The stock would plummet to 50. Every time someone gets hit by a drunk driver in a Ford Explorer, we will see a headline "Apple Car in ANOTHER accident"
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Post by rickag on Aug 15, 2015 8:22:23 GMT -8
... Imagine what would happen if the iCar was a bigger contributor than the iPhone. The stock would plummet to 50. ... Maybe we should change the name of this forum to the BAIS Board "Battered AAPL Investor Syndrome" Since I invested in AAPL a long time ago this stock hasn't gotten any respect. Similar to Rodney Dangerfield.
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Post by artman1033 on Aug 15, 2015 10:09:38 GMT -8
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Post by gtrplyr on Aug 15, 2015 10:35:49 GMT -8
I think there is NO doubt that Apple is working on driverless cars. That does not mean they will actually try and build one to sell.... I'm sure they spend vast amounts of money on R&D for products that they will ultimately choose not to proceed with. Not surprised there is not pop for the stock as AAPL get rewarded only by proving themselves unlike Goog or Amzn who can get people to pour money into any crazy idea they come up with (Drone delivery anyone ? ). If Apple had suggested half of the absurd things these other companies have I can only imagine the repercussions it would have on stock price.
Cheers to the longs ...
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Post by artman1033 on Aug 15, 2015 11:19:51 GMT -8
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Post by firestorm on Aug 15, 2015 17:45:15 GMT -8
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Post by jmolloy on Aug 16, 2015 0:18:00 GMT -8
Unfortunately it's one of Trip Chowdry's ideas. He's not been very good on the Apple prediction front.
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Post by mace on Aug 16, 2015 0:32:12 GMT -8
Not sure what Apple Car can offer. This is a very complex area, far outside Apple's sphere. And if they are working on an all electric car, I think there are huge limitations. Cannot see any way to a profitable outcome, unless Apple teams with an auto company to provide human engineering of the interface to the driver. Optional auto-driver trucks just like auto-pilot. The world is not ready for no human driver sedans... need many intermediate steps.
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Post by mace on Aug 16, 2015 0:35:55 GMT -8
No need self driving cars. Already like this in India and Thailand.
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Ted
fire starter
Posts: 881
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Post by Ted on Aug 16, 2015 8:34:20 GMT -8
Not sure what Apple Car can offer. This is a very complex area, far outside Apple's sphere. And if they are working on an all electric car, I think there are huge limitations. Cannot see any way to a profitable outcome, unless Apple teams with an auto company to provide human engineering of the interface to the driver. Jeez, hledgard, you really have a lot of faith in Apple's ability to take the next step here. So, to paraphrase, you're not sure there's any innovation Apple can bring to a 100-yr-old machine - even though rethinking and re-engineering a tired UI and UX is their thing. You feel cars are complex and outside Apple's sphere of knowledge - even though that's what people said about a phone. And you think there are huge limitations to an electric car. Well, the last one is true, given the current state of batteries, etc., but to believe that Apple would embark on a new, secret development project without having considered what you're thinking here seems kind of whack-a-doodle. Apple is known for taking risks like this and advancing the state of the art & design with iPod, iPhone, iPad, Watch - and it has worked out pretty well so far. They don't focus on a new challenge unless they have something compelling to offer; Steve taught 'em that. Would Tim really green-light a multi-billion dollar project without it making financial and technical sense, without thinking it through with the whole team about fifty times, without a go-to-market strategy? New challenges keep people interested and happy at a company. This is how change happens and how empires are built - by taking educated, calculated risks. Apple is punished for not using its cash properly as well as relying on too few products to sell, but here they are spending a crap-load on their favorite thing - in-house development of a new technology - and all you can do is express doubt. Your level of skepticism surprises me. They changed the company name from Apple Computer to Apple Inc. for a reason . . .
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Post by sponge on Aug 16, 2015 9:04:21 GMT -8
Not sure what Apple Car can offer. This is a very complex area, far outside Apple's sphere. And if they are working on an all electric car, I think there are huge limitations. Cannot see any way to a profitable outcome, unless Apple teams with an auto company to provide human engineering of the interface to the driver. Jeez, hledgard, you really have a lot of faith in Apple's ability to take the next step here. So, to paraphrase, you're not sure there's any innovation Apple can bring to a 100-yr-old machine - even though rethinking and re-engineering a tired UI and UX is their thing. You feel cars are complex and outside Apple's sphere of knowledge - even though that's what people said about a phone. And you think there are huge limitations to an electric car. Well, the last one is true, given the current state of batteries, etc., but to believe that Apple would embark on a new, secret development project without having considered what you're thinking here seems kind of whack-a-doodle. Apple is known for taking risks like this and advancing the state of the art & design with iPod, iPhone, iPad, Watch - and it has worked out pretty well so far. They don't focus on a new challenge unless they have something compelling to offer; Steve taught 'em that. Would Tim really green-light a multi-billion dollar project without it making financial and technical sense, without thinking it through with the whole team about fifty times, without a go-to-market strategy? New challenges keep people interested and happy at a company. This is how change happens and how empires are built - by taking educated, calculated risks. Apple is punished for not using its cash properly as well as relying on too few products to sell, but here they are spending a crap-load on their favorite thing - in-house development of a new technology - and all you can do is express doubt. Your level of skepticism surprises me. They changed the company name from Apple Computer to Apple Inc. for a reason . . . Agreed. However the complexity of manufacturing a car (self driving and electric) makes this endeavor much more challenging then any other. New challenges keeping people interested is perhaps the biggest benefit of this project. I don't see a due date or pressure being applied like other projects. They will work on it until the million issues are resolved. So I give it 5-7 years. What makes it interesting is the stories about meeting with BMW and asking for time to use this track. They are clearly further along then we realize.
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Ted
fire starter
Posts: 881
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Post by Ted on Aug 16, 2015 9:16:40 GMT -8
Jeez, hledgard, you really have a lot of faith in Apple's ability to take the next step here... Apple is known for taking risks like this and advancing the state of the art & design with iPod, iPhone, iPad, Watch - and it has worked out pretty well so far. They changed the company name from Apple Computer to Apple Inc. for a reason . . . Agreed. However the complexity of manufacturing a car (self driving and electric) makes this endeavor much more challenging then any other. New challenges keeping people interested is perhaps the biggest benefit of this project. I don't see a due date or pressure being applied like other projects. They will work on it until the million issues are resolved. So I give it 5-7 years. What makes it interesting is the stories about meeting with BMW and asking for time to use this track. They are clearly further along then we realize. A more challenging endeavor - yes. [Edit: Apple is larger and wealthier than it's ever been. It makes sense to now take on bigger, more complex projects - as needed. Besides, the iToothbrush would have crappy margins ] You saw due dates and felt pressure on other secret Apple projects? They are further along than we realize, but the product could be seven years away?
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Post by sponge on Aug 16, 2015 9:29:13 GMT -8
Agreed. However the complexity of manufacturing a car (self driving and electric) makes this endeavor much more challenging then any other. New challenges keeping people interested is perhaps the biggest benefit of this project. I don't see a due date or pressure being applied like other projects. They will work on it until the million issues are resolved. So I give it 5-7 years. What makes it interesting is the stories about meeting with BMW and asking for time to use this track. They are clearly further along then we realize. A more challenging endeavor - yes. You saw due dates and felt pressure on other secret Apple projects? They are further along than we realize, but the product could be seven years away? Yes I know about pressure. It was detailed in a few books and I know people who deal with Apple employees. There is a great deal of pressure and time away from families to meet deadlines. Further along, meaning they are looking at manufacturing process and test driving self driving. I think batteries and maybe partnerships are still years away in being worked out or perfected. I do think they are working on an Apple car and not a joint project with existing brand. Apple needs to control the whole product not just Car Play thatonky connects to your iPhone and addresses limited features.
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Post by Red Shirted Ensign on Aug 16, 2015 12:02:58 GMT -8
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Ted
fire starter
Posts: 881
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Post by Ted on Aug 16, 2015 12:45:06 GMT -8
But what-does-it-mean? Max pain is around 120 this week, Red?
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Post by auhkram on Aug 16, 2015 12:49:52 GMT -8
I'm no options expert but I think it means the huge Call walls that we keep hearing about has finally lifted and Apple can finally make a meaningful move higher.
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Post by sponge on Aug 16, 2015 13:05:28 GMT -8
I'm no options expert but I think it means the huge Call walls that we keep hearing about has finally lifted and Apple can finally make a meaningful move higher. I am not so sure about that. We can close between 115-120. I recall Mace that you would point out that if we close below max pain it does not bode well for the stock.
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Post by Lstream on Aug 16, 2015 17:48:53 GMT -8
Last weekend I was on an epic rant about Apple Music. Although I still see lots of problems, at least one of them was not Apple's fault. This related to the inscrutable server error where streaming songs refused to play. At the time, I was on a poker room network. Apparently that network sought out and blocked access to streaming services. The situation was confusing because it took a while for me to get shut down. But when I switched off of the network to cellular, streaming would work again. The error message could certainly be better, but this issue was not Apple's fault.
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