chinacat
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AAPL Long since 2006
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Post by chinacat on May 27, 2016 18:42:21 GMT -8
Well, the largest weekly increase since March 4 seems like enough reason to open the bar on Friday night, as in more prosperous times in the past. The tech press seems to be expecting an OS-pectacular for WWDC, with new versions of iOS, tvOS, watchOS and the renamed macOS. A Siri update that indicates the response to Amazon Echo and Google Home seems likely, although not resulting in an actual separate product at this time. I also suspect there will be some kind of music-related announcement, even if only some sort of reorganization intended to boost Apple music.
The change to Bill Graham Auditorium may hint at a major announcement, but perhaps it is just a better venue for any musical entertainment.
Margaritas are my choice for tonight; what'll ya have?
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Post by rickag on May 28, 2016 4:53:31 GMT -8
Well, the largest weekly increase since March 4 seems like enough reason to open the bar on Friday night, as in more prosperous times in the past. The tech press seems to be expecting an OS-pectacular for WWDC, with new versions of iOS, tvOS, watchOS and the renamed macOS. A Siri update that indicates the response to Amazon Echo and Google Home seems likely, although not resulting in an actual separate product at this time. I also suspect there will be some kind of music-related announcement, even if only some sort of reorganization intended to boost Apple music, as well as some update to Siri to at least indicate the approach of a response to Amazon Echo and Google Home. The change to Bill Graham Auditorium may hint at a major announcement, but perhaps it is just a better venue for any musical entertainment. Margaritas are my choice for tonight; what'll ya have? Thank you for starting the weekend thread. Hope everyone has a grand Memorial Day weekend.
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CdnPhoto
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Post by CdnPhoto on May 28, 2016 6:13:49 GMT -8
Well, the largest weekly increase since March 4 seems like enough reason to open the bar on Friday night, as in more prosperous times in the past. The tech press seems to be expecting an OS-pectacular for WWDC, with new versions of iOS, tvOS, watchOS and the renamed macOS. A Siri update that indicates the response to Amazon Echo and Google Home seems likely, although not resulting in an actual separate product at this time. I also suspect there will be some kind of music-related announcement, even if only some sort of reorganization intended to boost Apple music, as well as some update to Siri to at least indicate the approach of a response to Amazon Echo and Google Home. The change to Bill Graham Auditorium may hint at a major announcement, but perhaps it is just a better venue for any musical entertainment. Margaritas are my choice for tonight; what'll ya have? Thank you for starting the weekend thread. Hope everyone has a grand Memorial Day weekend. On another note, it was on May 22 of last year that we hit the inter-day high of 132.97.
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Ted
fire starter
Posts: 880
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Post by Ted on May 28, 2016 10:58:00 GMT -8
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Post by tuffett on May 28, 2016 17:29:03 GMT -8
As we know from Microsoft, high R&D spend does not always translate to innovative products. Apple created the iPhone and iPad on miniscule R&D budgets. Of course it's the hope that this massive spend will translate into good products and profits down the line, but it's not a foregone conclusion.
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SomeJuan
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Taking a nap…
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Post by SomeJuan on May 28, 2016 18:35:01 GMT -8
As we know from Microsoft, high R&D spend does not always translate to innovative products. Apple created the iPhone and iPad on miniscule R&D budgets. Of course it's the hope that this massive spend will translate into good products and profits down the line, but it's not a foregone conclusion. What AAPL is spending on R&D is now obscene in consideration of what we have seen in new products over the last couple of years, and every quarter Tim keeps repeating the "We are extremely satisfied with our product pipeline" mantra ad-nauseum. Hell the only thing of real innovation i can think of in the recent past was the iPhone 6 and 6+, 20 plus months ago! I keep my shares throughout the ups and downs due to those quarterly comments from Tim, and I hope to see light in the tunnel soon, as my flashlight batteries are getting very depleted. And what the hell is the Macintosh R&D team doing besides power napping, jose christo, get yer butts in gear and lets see some meat on them bones. And i think they need to put some R&D into their Enterprise folks, relying on IBM and Cisco to do the heavy lifting has been miserable, and the anecdotal evidence of this reliance has been hiding in my daily walkabouts, and I am in the business...so sad. I would dearly hope that Tim et al, surprise us this time at WWDC, but i am not overly optimistic. I have become comfortably numb. I am praying that they either radically improve Siri, or buyout the VIV folks, as they look to have a game changer with their AI technology. Seriously, how expensive could that purchase be, and if AAPL does not take them out, im confident GOOG or AMZN could make good use of it, besides, them folks already know AAPL intimately. Lastly, i am a bit miffed at last quarters dividend increase, at this rate it will be years before we breech the 3% threshold, and we should be there now all things considering, hell my CSCO is at 3.6%, and they too have most of their capital offshore. Good Grief, Carlie Brown (neigh Mr Cook)! They say Hope springs eternal, but my patience is running out with this gal named Hope. Cheers to the longs...
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Post by mace on May 28, 2016 19:07:44 GMT -8
... I am praying that they either radically improve Siri, or buyout the VIV folks, as they look to have a game changer with their AI technology... VIV folks are Siri folks who resigned after selling Siri to Apple. Same things could happen. VIV will again stall. ...Lastly, i am a bit miffed at last quarters dividend increase, at this rate it will be years before we breech the 3% threshold, and we should be there now all things considering, hell my CSCO is at 3.6%, and they too have most of their capital offshore... Me, waiting too.
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SomeJuan
Member
Taking a nap…
Posts: 321
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Post by SomeJuan on May 28, 2016 19:19:14 GMT -8
VIV folks are Siri folks who resigned after selling Siri to Apple. Same things could happen. VIV will again stall. Mace, i am aware of them resigning from AAPL, and yes, they could re-resign after a potential buyout, but the technology they have now is very impressive from what i can see from my rose colored specs. Far and above what AAPL has now, unless Tim has a rabbit to pull outta his...hat, yea, that is the word i am looking for. Siri in it's current incarnation is embarrassingly bad. Very, very bad. Take it out to the woodshed bad. As to the dividend, Tim and Luca need to cease and desist the stock buyback program post haste, it has been a complete and utter failure, with the only upside of keeping the P/E ratio above water, and even that is questionable. Show me the money Tim... It is mine after all, you work for me.
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Post by nagrani on May 29, 2016 5:25:40 GMT -8
Fwiw - on Friday- I sold the Apple options I owned (bought a ton - went all in - at Apple 89-90 - the Friday before warren buffet). I'm now sitting on the sidelines with Apple since its way oversold. I actually did something i haven't done in a while - I went short spy (just the common) but it was a huge position.
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Post by rickag on May 29, 2016 6:13:33 GMT -8
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Post by rickag on May 29, 2016 6:36:49 GMT -8
Patently Apple has an article shown below. The California Institute of Technology Sues Apple over Wi-Fi TechnologyI have two problems with these kind of lawsuits: Apple bought chips from Broadcom who should bear the brunt of the lawsuit. Apple should not be named in the lawsuit. The state of California and the Federal Governments should sue the California Institute of Technology for proceeds from any litigation since their research was funded by tax payer money. The individuals named on the patents had their offices, labs and equipment funded through taxpayer money, where is our cut. And yes they do receive Government money, in just Federal funds:
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bud777
fire starter
Posts: 1,352
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Post by bud777 on May 29, 2016 17:00:57 GMT -8
I have come to the conclusion that both technical and fundamental analysis are useless when it comes to Apple, but probably, technical analysis has a slight edge. Over the past few years, the only thing that has been consistent is the naivety of Apple investors and the predictability of those who prey on them. As the FUD was driving Apple into the ground in 2013, nothing seemed able to stop the bears and the effect of the FUD campaign. This was when Samsung was paying for a dis-information campaign and the stock was getting pounded by it. I remember writing to one of the FUDsters and asking "Did Samsung pay you to write that article and getting the one word reply "Yes". As we were driven from 700 to 400 nothing mattered and then Uncle Carl made his move and things turned around. When we got back to 520 they tried again and this time Apple stepped in and held us above 500.
The 2013 decline was triggered because we compared a 13 week quarter to a 14 week quarter and investors just could not be bothered with the details. This past decline to the 90's has been because they could not look beyond the unusual success of the 6 series. Now once again, a famous investor steps in and things turn around. I am optimistic about the stock both short and long term, but I think anyone in this stock needs to be aware of the superficial nature of the analysis done by most of the people owning it. The hardest part of owning Apple is the irrationality of it's behavior. Maybe this perspective helps. Other than selling options, I would love to hear thoughts about how to exploit it better.
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Ted
fire starter
Posts: 880
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Post by Ted on May 30, 2016 6:51:07 GMT -8
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Post by Luckychoices on May 30, 2016 13:25:16 GMT -8
Thanks so much for the link to the series, Ted. I knew it was going to be a great link when I saw "John Kirk" but it was further confirmed when I saw this: It's déjà vu all over again, 20 years later. Nice to revisit just a few of the more outlandish comments made since 2010 by some of the Apple naysayers. Trip Chowdhry was quoted twice because of his powerful understanding of Apple's business. This one was a doozy: They only have 60 days left to either come up with [an iWatch] or they will disappear. –Trip Chowdhry >[Written in April, 2014, one year before the Apple Watch became available.]
Loved the quotes in Kirk's article, several of which are set up nicely by Kirk: Kirk: Let’s start with who Apple does not target. Apple does not target ‘everyone, everywhere.’
I am hearing disturbing rumours that Apple is selling a [product] that’s not right for everyone’s needs. ~ Benedict Evans @benedictevans ==== Kirk: ‘Everyone’ is not a target — it’s the opposite of a target. Targeting everyone is targeting no one and it’s one of the surest ways for a business to fail.
I cannot give you the formula for success, but I can give you the formula for failure–which is: Try to please everybody. ~ Herbert Bayard Swope ==== Kirk: Apple targets only a small segment of the total market. And that’s okay.
Today’s reminder: just because Apple makes a product that doesn’t meet your personal needs, that doesn’t make it a crappy product. ~ jcieplinski on Twitter
All in all a great start to the series and I haven't yet read the second one of the series. Thanks again for posting the link!
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Post by longsince98 on May 30, 2016 13:34:04 GMT -8
For what it's worth, the Business Week cover was a valid concern - in the mid-nineties, before jobs' return, the company was lost, and on its way to the tech graveyard.
Also, there's zero chance Benedict Evans' quote wasn't pure sarcasm.
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Post by Luckychoices on May 30, 2016 14:48:18 GMT -8
For what it's worth, the Business Week cover was a valid concern - in the mid-nineties, before jobs' return, the company was lost, and on its way to the tech graveyard. Don't disagree at all. The problem is, too many Apple naysayers jump on that time period and state that Jobs can't save Apple this time. But, IMO, Apple doesn't need saving even though many on this board would disagree with that statement. It's just happens to be my opinion. It was absolutely sarcasm, of the very best kind..subtle. Well, somewhat subtle. As one of three brothers, our father made us very well acquainted with sarcasm (never mean-spirited) at an early age and I passed that along to my two sons. Subtle sarcasm can be an effective way to get across one's point and Benedict Evans did well in that regard.
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Post by gtrplyr on May 30, 2016 18:55:20 GMT -8
Watching game 7 , Golden State vs. Oklahoma ..... saw a Apple commercial with Kobe in it ..... pretty funny stuff.
That's all. Enjoy your memorial day and hats off to any on this board who have served our country in uniform !
Cheers to the longs ...
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