Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jul 6, 2017 2:37:00 GMT -8
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Post by macster on Jul 6, 2017 3:02:18 GMT -8
With the fed tightening, gradually winding down, and a looming black swan event in the far east, I'm preparing my grey matter for a possible big drop.
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Post by appledoc on Jul 6, 2017 3:13:08 GMT -8
No upside follow through in the premarket. 142.20 is still the next support. Then 138-140. Below that, you're looking at the SMA200.
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Post by longsince98 on Jul 6, 2017 11:16:06 GMT -8
Drexel Hamilton analyst Brian White said their preliminary Apple (NASDAQ: AAPL) sales monitor shows the company had their strongest June ever. www.streetinsider.com/dr/news.php?id=13074802White highlighted: As of this morning, nearly all of the companies in our Apple Monitor have reported June sales that beat historical seasonality, delivering the strongest June that we have on record. We believe the recent sell-off in Apple represents yet another buying opportunity as investors turn their focus to the iPhone 8 this fall, along with the company's raised capital distribution initiative, depressed valuation and new innovations. We continue to believe Apple remains among the most underappreciated stocks in the world. Preliminary June sales (96% reported) for our Apple Monitor rose by approximately 18-20% MoM and well above the average decline of 2% over the past twelve years. This compares to the five-year average decrease of 7% and a 2% increase in June 2016. In our view, the ramp of certain components for the new iPhones this fall, combined with recently introduced Macs and iPad Pros likely contributed to this strong June performance. Based on these June results, our Apple Monitor is on track for a 4% QoQ sales rise in 2Q:17 and below the average increase of 12% over the past twelve years but better than the 2% QoQ decline in 2Q:16. We believe inventory will be kept low ahead of major changes with the new iPhones this fall, resulting in weaker than traditional seasonality in our Apple Monitor in the June quarter. In early June, Apple filled key gaps in its portfolio at WWDC with entry into the digital home assistant market with HomePod, combined with new AR and VR initiatives to support these important trends. This further expands the breadth and depth of Planet Apple. We believe Apple's stock has catch up to do and the valuation can expand. Apple's valuation has been depressed for years as investors grew concerned that Apple would fall victim to the missteps of consumer electronic companies of the past; however, this has proven to be a flawed argument as Apple has demonstrated resilience through its unique ability to develop hardware, software and services that work seamlessly together. The firm reiterated a Buy rating and price target of $202 on AAPL. For an analyst ratings summary and ratings history on Apple click here. For more ratings news on Apple click here. Shares of Apple closed at $144.09 yesterday.
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Post by rob_london on Jul 6, 2017 12:06:41 GMT -8
An interesting tweet about the quality of the HomePod speakers:
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 311
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Post by crispin on Jul 6, 2017 12:24:41 GMT -8
An interesting tweet about the quality of the HomePod speakers: All the more reason I can't wait to get my hands on a HomePod. I'm also really interested to hear how they perform in a stereo pair arrangement. At $349 I think there's going to be plenty of "boom" for the buck.
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Post by phoebear611 on Jul 6, 2017 12:56:47 GMT -8
He may have a bigger brain perhaps but I said this was a piece of crap from the beginning....along with Jimmy Iovine and Dr. Dre. They are laughing all the way to the bank. Useless. And don't get me going on Gwyneth Paltrow's Goop! It's garbage and non-organic and also crap. She's been exposed on this already. Ok I can rant on and on but here goes: PED: Apple's "Planet" Destroyed in Under 9 Minutes Ouch. Joshua Topolsky's The Outline takes Apple's Planet of the Apps apart piece by piece, starting with its celebrity mentors: • Rapper Will.i.am, whose smartwatch a reviewer at the Verge called "the worst product I've touched all year." • Actress Gwyneth Paltrow, cheerful purveyor of snake oil through a company called Goop. • Actress Jessica Alba, whose Honest dishwasher detergent got caught using an ingredient it said it "would never consider using for anything. Period." • Uber investor Gary Vaynerchuk, shown telling his followers that "if you are sitting here tonight and you believe whether Donald or Hillary wins impacts you, you are a motherf...ing loser." youtu.be/Hj5PcuGjdDcEven the Apple loyalists at MacDailyNews are asking who greenlighted this.
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Post by tuffett on Jul 7, 2017 9:25:13 GMT -8
Dont really care about the celebrities, but I think Planet of the Apps is a cool show. I enjoy it.
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