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Post by fas550 on Oct 28, 2012 8:46:59 GMT -8
Don't know what's happening in the world - looks like tsunami in the Hawaiian islands and earthquake in BC - here on the east coast we're bracing for Hurricane Sandy. And Zaky is praising a competitor's product. I know it was from Bullish Cross, and it was about midnight or so when he wrote it, but either he was drinking or he has sold out. In fact, he was glowing in his praise of the Surface. I give it 6 mos before its either off the market or Irrelevant to the point we don't hear about it. I've used it and if copying is the sincerest form of flattery then they aren't very sincere. In one sentence; the tiles are but a front end to the same ole crap underneath.
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Post by rosie on Oct 28, 2012 8:48:00 GMT -8
Don't know what's happening in the world - looks like tsunami in the Hawaiian islands and earthquake in BC - here on the east coast we're bracing for Hurricane Sandy. Although I have a generator (I am in NY) I may not have internet service. This is not going to be be good trying to watch the stock this week. More importantly - good luck to anyone in harms way. Be careful out there. We're bracing for a direct hit as Sandy makes landfall at Long Beach Island, according to current projections. That's about 40 miles south of me. If this thing twists, it could hit my area direct. The saving grace is that winds top out at 80 mph (at least now). I have been through a couple of storms of that magnitude, and while a little nerve-wrenching, these tend to be less harsh in terms of property damage. But we'll be hunkered down, all preparations are done, and it's a matter of waiting it out. I look at it another way. My house was built in 1922, and has survived 90 years of storms and hurricanes. That makes me feel better. Good luck and have fun comforting the creatures at the vet clinic tonight.
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mark
fire starter
Posts: 1,552
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Post by mark on Oct 28, 2012 8:52:16 GMT -8
Peter O. Gave us guidance for revs of 52 billion and said he was "pleased" to give that number. I don't take his use of that word as snark but as a hint that he is doing what he has done quarter after quarter.....giving guidance he knows will be beat by a minimum of 10%. Probably safely more... So I'm using 58 billion as my minimum revenue number, with upside very possible if not likely. GM of 40 may not happen, but it won't be 36% either. Oppy beats GM guidance by 300 basis points each quarter. This is a tough quarter with gobs of new products, supply issues, rollout challenges, so lets go with 38%. If TC's comments ob improved production of the iPhone 5 are true ( and why wouldn't they be), the worst bottlenecks may be behind us. There's a lot more competition nowadays, so it is possible that discounting may occur - especially during holiday season. And that means lower margins.
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Post by phoebear611 on Oct 28, 2012 8:54:26 GMT -8
Peter O. Gave us guidance for revs of 52 billion and said he was "pleased" to give that number. I don't take his use of that word as snark but as a hint that he is doing what he has done quarter after quarter.....giving guidance he knows will be beat by a minimum of 10%. Probably safely more... So I'm using 58 billion as my minimum revenue number, with upside very possible if not likely. GM of 40 may not happen, but it won't be 36% either. Oppy beats GM guidance by 300 basis points each quarter. This is a tough quarter with gobs of new products, supply issues, rollout challenges, so lets go with 38%. If TC's comments ob improved production of the iPhone 5 are true ( and why wouldn't they be), the worst bottlenecks may be behind us. There's a lot more competition nowadays, so it is possible that discounting may occur - especially during holiday season. And that means lower margins. Really? I don't ever remember seeing a sale at AAPL stores?!
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Post by Lstream on Oct 28, 2012 8:56:22 GMT -8
I give it 6 mos before its either off the market or Irrelevant to the point we don't hear about it. I've used it and if copying is the sincerest form of flattery then they aren't very sincere. In one sentence; the tiles are but a front end to the same ole crap underneath. I can see irrelevant, but I doubt that Microsoft kills that fast it no matter how it performs. Too much face too lose there.
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Post by lovemyipad on Oct 28, 2012 9:01:14 GMT -8
We're bracing for a direct hit as Sandy makes landfall at Long Beach Island, according to current projections. That's about 40 miles south of me. If this thing twists, it could hit my area direct. (...) But we'll be hunkered down, all preparations are done, and it's a matter of waiting it out.(...) How about a nice family vacation to...anywhere due West of you?
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Post by greedynoob on Oct 28, 2012 9:28:33 GMT -8
Really? I don't ever remember seeing a sale at AAPL stores?! No, but there's that other form of discounts: give aways--accessories, iTunes gift cards, etc.
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Post by phoebear611 on Oct 28, 2012 9:36:00 GMT -8
Ok - the Weather Channel Guy totaling freaking out about this hurricane and he is giving me frigging anxiety. I have insurance and I'm staying home with my three pups - I just want the Nasdaq to open tomorrow and I'm good. This reminds me of the time I was flying Air Canada years ago and we had some turbulent weather and the stewardess (as they were called at the time) freaked out. I looked at the guy next to me and burst out laughing. I mean - WTF!? - what else can you do? Of course he (the guy sitting next to me) was a pilot and explained very scientifically what was happening and how I shouldn't worry....but it was amusing at the time. Get's a little crazy when the ones who are suppose to be keeping things calm are wigging out themselves!
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Post by rutgersguy92 on Oct 28, 2012 9:46:17 GMT -8
We're bracing for a direct hit as Sandy makes landfall at Long Beach Island, according to current projections. That's about 40 miles south of me. If this thing twists, it could hit my area direct. The saving grace is that winds top out at 80 mph (at least now). I have been through a couple of storms of that magnitude, and while a little nerve-wrenching, these tend to be less harsh in terms of property damage. But we'll be hunkered down, all preparations are done, and it's a matter of waiting it out. I look at it another way. My house was built in 1922, and has survived 90 years of storms and hurricanes. That makes me feel better. Good luck and have fun comforting the creatures at the vet clinic tonight. Thanks, Rosie.
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Post by rutgersguy92 on Oct 28, 2012 9:51:09 GMT -8
We're bracing for a direct hit as Sandy makes landfall at Long Beach Island, according to current projections. That's about 40 miles south of me. If this thing twists, it could hit my area direct. (...) But we'll be hunkered down, all preparations are done, and it's a matter of waiting it out.(...) How about a nice family vacation to...anywhere due West of you? Well, my son's grammar school has already called to tell us there's no school Monday and Tuesday. So we could take a mini-vacation (though we're saving our bucks in case Rutgers makes it to the Orange Bowl or Sugar Bowl). But we're about 5 miles from the coastline, so there's no chance of flooding around here, only the wind. And you's have to go to almost Ohio to escape the storm anyway, and that will be crowded with politicos and barrages of political commercials, so who needs that. But thanks for the concern, Ms. IPad.
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Post by newton on Oct 28, 2012 10:05:10 GMT -8
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Post by appledoc on Oct 28, 2012 10:05:42 GMT -8
There were actually three tweets in a row, with the first one being (and this will put things into context): "I noticed that several people are buying April spreads. Don't do that. It's a huge mistake. Buy Jan or July. No April." RE: APR'13...depends on how long you intend to hold them. Read: unload before OE. Nobody overlook this! Oh I learned my lesson from September. How foolish I feel right now. Still waiting for the 10-K to come out, but something I noticed from Marketwatch's balance sheet is that Net Property, Plant & Equipment increased from 10.49B to 15.45B in one quarter. Its value was 7.78 at the end of FY2011. I'm assuming most of that value is in new production facilities (China, Brazil?).
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Post by terps530 on Oct 28, 2012 10:16:11 GMT -8
Yea I'm in the path as well right near NYC. Assuming a bad storm and lots of closings etc, I guess just what we don't need in already tough times for apple, or the market in general.
Wall st is gonna be open I see though as of now.
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Post by fas550 on Oct 28, 2012 10:21:50 GMT -8
I give it 6 mos before its either off the market or Irrelevant to the point we don't hear about it. I've used it and if copying is the sincerest form of flattery then they aren't very sincere. In one sentence; the tiles are but a front end to the same ole crap underneath. I can see irrelevant, but I doubt that Microsoft kills that fast it no matter how it performs. Too much face too lose there. That's a good point. With all the cash they have they could keep it available for a very long time regardless of sales. If they don't release actual sales figures that would be a big clue to how sales are going. Ultimately to be a contender to the iPad there must be a compelling reason to buy a Surface and right now in all honesty (believe me I am very wary of competitors and will not stick my head in the sand given what's at stake) this is not a relevant competitor unless for some reason you need an office application with every single feature the PC version has. The features like the magnetic keyboard they guy in the store raved about by insisting it was the ONLY tablet on the market with such a feature is easily equalled by the litany of 3rd party cases with bluetooth keyboards on the market. The apps the surface has easily has equals or better on the app store. Now had they priced it at around $250 or below it may have competed but they would have probably been selling it at a loss (al la AMZN). Balmer keeps touting it as dual use (enterprise AND personal) but he obviously has not looked too closely on the App Store and seen that most enterprise apps are there (Salesforce, Citrix apps etc...). As far as cloud and the Microsoft SkyDrive, obviously they haven't seen or choose to ignore Dropbox, Sugarsyn, yes even iCloud and Microsoft Sharepoint apps as valid options. Anyway I'm getting carried away here. Point is as a competitor it simply has no compelling differentiator. The poor responsiveness of the interface is another conversation entirely.
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Post by appledoc on Oct 28, 2012 10:57:22 GMT -8
Some food for thought...
Since 4Q11 earnings were released, we've closed below a 13 P/E just 8 days. Six days immediately following the 1Q12 earnings, and 2 days in May 2012.
We've closed below a 13.5 P/E just 18 days. Ten days immediately following 1Q12 earnings, 4 days in November 2012, and 4 days in May 2012.
My opinion is that P/E compression has been stabilizing over the past year and will continue to remain stable. Applying a 13 and 13.5 P/E to our current TTM gives us 574.08 and 596.16 until January earnings. If we go down more from here, I think the SMA200 (587.85) and P/E targets would provide tremendous support.
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Post by phoebear611 on Oct 28, 2012 11:35:34 GMT -8
Goldman telling staff only critical personnel should report in - same at JPM. Only emergency staff present. They are also discussing closing the markets early (at 1:00 pm) - no final decisions yet. This is pretty insane.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 28, 2012 11:55:57 GMT -8
Another not so glowing report of the Microsoft Surface, from Walt Mossberg: "Microsoft’s Surface is a tablet with some pluses: The major Office apps and nice optional keyboards. If you can live with its tiny number of third-party apps and somewhat disappointing battery life, it may give you the productivity some miss in other tablets. I do think that the availability of Office on Surface will capture a pent-up market of folks for whom it is a basic need/want. It remains to be seen whether the remainder of the experience will be enough to retain them. It will also be interesting to se whether they follow through on reported work to to bring Office to iOS devices. In the PC world , they were only undercutting their hardware partners, not themselves.
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Post by phoebear611 on Oct 28, 2012 12:06:25 GMT -8
NYSE CLOSES FLOOR ON MONDAY TRADING THRU ELECTRONIC EXCHANGE REMAINS OPEN
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Post by Lstream on Oct 28, 2012 12:14:59 GMT -8
I do think that the availability of Office on Surface will capture a pent-up market of folks for whom it is a basic need/want. It remains to be seen whether the remainder of the experience will be enough to retain them. On the RT or the Pro? On the RT, you must give up the balance of the Window's software universe to get Office. Plus most reviews I have seen point out that you really must used the keyboard on the RT to get an acceptable experience. So you can't really use it as a "tablet" if you want to use Office. So why bother? Why not just use a notebook instead or maybe the Surface Pro? I am struggling to figure out what the RT is actually good at.
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Post by rutgersguy92 on Oct 28, 2012 12:16:46 GMT -8
Another not so glowing report of the Microsoft Surface, from Walt Mossberg: "Microsoft’s Surface is a tablet with some pluses: The major Office apps and nice optional keyboards. If you can live with its tiny number of third-party apps and somewhat disappointing battery life, it may give you the productivity some miss in other tablets. I do think that the availability of Office on Surface will capture a pent-up market of folks for whom it is a basic need/want. It remains to be seen whether the remainder of the experience will be enough to retain them. It will also be interesting to se whether they follow through on reported work to to bring Office to iOS devices. In the PC world , they were only undercutting their hardware partners, not themselves. For my Mac, I have Excel and Word for Mac. For the IPad, there is application software available for word processing and spreadsheets, but it's not Word or Excel, but something different. So you can be productive with the IPad. I'm not sure how close the programs for the IPad come to the Excel/Word experience, or convertibility if you wanted to send the documents to a person with only MS Office programs, since I've never used them. But this type of software does exist for business applications using an IPad.
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Post by Lstream on Oct 28, 2012 12:17:11 GMT -8
NYSE CLOSES FLOOR ON MONDAY TRADING THRU ELECTRONIC EXCHANGE REMAINS OPEN I am a Canuck not in the path of this thing, but I have spent a bunch of time in the City and on Long Island. Hang on tight you guys, and good luck.
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Post by rutgersguy92 on Oct 28, 2012 12:23:38 GMT -8
NYSE CLOSES FLOOR ON MONDAY TRADING THRU ELECTRONIC EXCHANGE REMAINS OPEN I am a Canuck not in the path of this thing, but I have spent a bunch of time in the City and on Long Island. Hang on tight you guys, and good luck. Thanks. I check the storm path every couple of hours, looking for the wind speeds to decrease. And I learned some new storm terminology, "sustained wind speed" vs. "gusts". Something with 50-60 mph sustained and gusts to 75 mph is not as threatening as something with 75 mph sustained. Sandy will hopefully only be, worst case, Category 1. I just don't know how the poor folks in the Gulf Coast can take this stuff, especially when they get hit with Cat 3 to Cat 5 hurricanes.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Oct 28, 2012 12:30:51 GMT -8
I do think that the availability of Office on Surface will capture a pent-up market of folks for whom it is a basic need/want. It remains to be seen whether the remainder of the experience will be enough to retain them. It will also be interesting to se whether they follow through on reported work to to bring Office to iOS devices. In the PC world , they were only undercutting their hardware partners, not themselves. For my Mac, I have Excel and Word for Mac. For the IPad, there is application software available for word processing and spreadsheets, but it's not Word or Excel, but something different. So you can be productive with the IPad. I'm not sure how close the programs for the IPad come to the Excel/Word experience, or convertibility if you wanted to send the documents to a person with only MS Office programs, since I've never used them. But this type of software does exist for business applications using an IPad. In my experience, especially as an Apple evangelist among my friends for many years, most folks are not motivated enough to find an alternative solution. Many of them have PCs at home precisely because that was their platform at work, whether because of familiarity or the ability/need to bring work home. We can debate the size of that population, and certainly iPhone/iPad have greatly expanded the Apple user community, but I think it exists.
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Post by phoebear611 on Oct 28, 2012 12:30:59 GMT -8
NYSE CLOSES FLOOR ON MONDAY TRADING THRU ELECTRONIC EXCHANGE REMAINS OPEN I am a Canuck not in the path of this thing, but I have spent a bunch of time in the City and on Long Island. Hang on tight you guys, and good luck. If we could get past the last two weeks in AAPL...this is a piece of cake! Worried about my beach house tho...it's on the Long Island Sound...not good but hey - that's why I'm insured...can't control this crap!
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Post by prazan on Oct 28, 2012 12:41:40 GMT -8
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Post by prazan on Oct 28, 2012 12:44:28 GMT -8
Good luck, Phoebear, RutgersGuy, and others in the storm's path. I'm west of D.C. Millions in the region lost power during the last big storm. We'll hope the lights stay on for everyone.
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Post by phoebear611 on Oct 28, 2012 14:01:28 GMT -8
Good luck, Phoebear, RutgersGuy, and others in the storm's path. I'm west of D.C. Millions in the region lost power during the last big storm. We'll hope the lights stay on for everyone. Thanks!
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Post by artman1033 on Oct 28, 2012 14:16:51 GMT -8
Looking to modernize the Richfield grade school where she works, and flush with a cash for a major technology purchase, Tonicia Abdur-Salaam went in search of classroom computers at the Mall of America not long ago. First she stopped in the Apple retail store there, but found that "they weren't very friendly," she said. "They weren't very responsive in terms of forming a relationship. Relationships go a long way." Then she went into the Microsoft store directly across from the Apple store, and "I just hit it off" with Microsoft staffers, she added. "They were so respectful and so excited to have the opportunity to work with me." Such stories are rarely heard amid the hype about Apple's popular products, hipster image and its hugely lucrative retail stores. www.twincities.com/technology/ci_21863651/microsoft-taking-small-bite-out-apple-stores
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Post by phoebear611 on Oct 28, 2012 14:28:55 GMT -8
Looking to modernize the Richfield grade school where she works, and flush with a cash for a major technology purchase, Tonicia Abdur-Salaam went in search of classroom computers at the Mall of America not long ago. First she stopped in the Apple retail store there, but found that "they weren't very friendly," she said. "They weren't very responsive in terms of forming a relationship. Relationships go a long way." Then she went into the Microsoft store directly across from the Apple store, and "I just hit it off" with Microsoft staffers, she added. "They were so respectful and so excited to have the opportunity to work with me." Such stories are rarely heard amid the hype about Apple's popular products, hipster image and its hugely lucrative retail stores. www.twincities.com/technology/ci_21863651/microsoft-taking-small-bite-out-apple-storesThere is an old quote this reminds me of: Believe none of what you read and only half of what you see. Sometimes stories are exactly THAT....stories. AAPL can be criticized for a million things but service and helpfulness is NOT one of them. I just don't buy it but hey - I'm a New Yorker so I am always thinking someone has an angle.
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Post by artman1033 on Oct 28, 2012 14:43:19 GMT -8
Looking to modernize the Richfield grade school where she works, and flush with a cash for a major technology purchase, Tonicia Abdur-Salaam went in search of classroom computers at the Mall of America not long ago. First she stopped in the Apple retail store there, but found that "they weren't very friendly," she said. "They weren't very responsive in terms of forming a relationship. Relationships go a long way." Then she went into the Microsoft store directly across from the Apple store, and "I just hit it off" with Microsoft staffers, she added. "They were so respectful and so excited to have the opportunity to work with me." Such stories are rarely heard amid the hype about Apple's popular products, hipster image and its hugely lucrative retail stores. www.twincities.com/technology/ci_21863651/microsoft-taking-small-bite-out-apple-storesThere is an old quote this reminds me of: Believe none of what you read and only half of what you see. Sometimes stories are exactly THAT....stories. AAPL can be criticized for a million things but service and helpfulness is NOT one of them. I just don't buy it but hey - I'm a New Yorker so I am always thinking someone has an angle. FIDDLESTICKS! The author of this article (Julio) is the NUMBER 1 booster of ALL things Apple in the state of Minnesota. (That means he is a bigger fanboy than Gene Munster or me or any other Minnesotan blogging here) He is a journalist for a newspaper. He is not a blogger. Read his other articles. FWIW: I have been to the MOA Apple store about 20 times. I have been to Mr.Softie's store twice. I have never had a problem with either stores. This will be a story in the upcoming days. ONE of the comments to the article nailed it: Harold Turnquist · Top Commenter Apparently the staff of Partnership Academy charter school are not aware that Apple sells directly to schools and school districts at a significant discount. The staff of the Apple store undoubtedly rarely, if ever, deal with a school or school district except for small purchases such as adapters and cables. I can't imagine a school, school district, or other government agency walking into a retail store, let alone purchasing big ticket items, based upon a "relationship" with a sales person. Reply · 2 · Like · Follow Post · 20 hours ago
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