chinacat
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AAPL Long since 2006
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Post by chinacat on Dec 26, 2017 5:51:10 GMT -8
Hope everyone had a wonderful holiday weekend, because... ...here we go again! Apple set to open 2% lower after report of weak iPhone X demand. I guess that Taiwan's Economic Daily is the newest economic oracle. Now that supply concerns have been significantly reduced, demand will SURELY be the problem. I plan to pick mine up this week. But then again, PED had Barron’s is bullish on Apple a couple of days ago. At least it is never dull being an Apple investor.
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Post by michelc on Dec 26, 2017 6:03:56 GMT -8
Next fud apple lower order for iPhone ( as usual ) for next quarter. Those always come like clockwork
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CdnPhoto
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Post by CdnPhoto on Dec 26, 2017 6:21:16 GMT -8
My thoughts are that this has more to do with the massive call wall at $170 than it does with actual production cuts.
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Post by Apple II+ on Dec 26, 2017 7:33:35 GMT -8
Because of the new tax law, we won't see any profit taking until the new year. Not sure why you say that. Looks like capital gains rates aren't changing from 2017 to 2018 (the hated 3.8% ACA tax remains much to my dismay). I am taking profits now in Dec rather than in Jan* in the hopes of keeping my AGI within the child tax credit eligibility range next year. * I am referring to all the options that are expiring in Jan '17, not to shares that I can hold indefinitely without taking capital gains until I am ready to. I think you are referring to the incentive to keep AGI below 400k in 2018. The child credit phases out starting at a joint AGI limit for 2017 of 110k. That limit is 400k in 2018. The credit is 1k per child in 2017, 2k in 2018. This incentive is proportional to the number of child dependents, so I think it's not a major factor unless one has a lot of kids. Are there enough families so large that significant numbers would benefit by taking gains this year instead of next?
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mark
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Post by mark on Dec 26, 2017 7:57:48 GMT -8
Not sure why you say that. Looks like capital gains rates aren't changing from 2017 to 2018 (the hated 3.8% ACA tax remains much to my dismay). I am taking profits now in Dec rather than in Jan* in the hopes of keeping my AGI within the child tax credit eligibility range next year. * I am referring to all the options that are expiring in Jan '17, not to shares that I can hold indefinitely without taking capital gains until I am ready to. I think you are referring to the incentive to keep AGI below 400k in 2018. The child credit phases out starting at a joint AGI limit for 2017 of 110k. That limit is 400k in 2018. The credit is 1k per child in 2017, 2k in 2018. This incentive is proportional to the number of child dependents, so I think it's not a major factor unless one has a lot of kids. Are there enough families so large that significant numbers would benefit by taking gains this year instead of next? Exactly. I have 5 kids, so it's worth $10k. And capital gains tax will be 23.8% in either year, so roughly a wash taxwise. Also, as I noted in my earlier comment, these gains will be taken either this week or during the first 3 weeks of January (because they are all in Jan '18 options), so the maximum difference is matter of a few weeks.
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Ted
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Posts: 882
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Post by Ted on Dec 26, 2017 9:20:00 GMT -8
Hope everyone had a wonderful holiday weekend, because... ...here we go again! Apple set to open 2% lower after report of weak iPhone X demand. I guess that Taiwan's Economic Daily is the newest economic oracle. Now that supply concerns have been significantly reduced, demand will SURELY be the problem. I plan to pick mine up this week. But then again, PED had Barron’s is bullish on Apple a couple of days ago. At least it is never dull being an Apple investor. It still amazes me how easily AAPL and its suppliers are manipulated lower on unsubstantiated rumors. From the article: “Apple will slash its sales forecast for the iPhone X in the quarter to 30 million units, the Taiwanese newspaper said on Monday, citing unidentified sources — down from what it said was an initial plan of 50 million units.”
🤔 🙄 🤥
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CdnPhoto
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Post by CdnPhoto on Dec 26, 2017 9:44:54 GMT -8
Hope everyone had a wonderful holiday weekend, because... ...here we go again! Apple set to open 2% lower after report of weak iPhone X demand. I guess that Taiwan's Economic Daily is the newest economic oracle. Now that supply concerns have been significantly reduced, demand will SURELY be the problem. I plan to pick mine up this week. But then again, PED had Barron’s is bullish on Apple a couple of days ago. At least it is never dull being an Apple investor. It still amazes me how easily AAPL and its suppliers are manipulated lower on unsubstantiated rumors. From the article: “Apple will slash its sales forecast for the iPhone X in the quarter to 30 million units, the Taiwanese newspaper said on Monday, citing unidentified sources — down from what it said was an initial plan of 50 million units.”
🤔 🙄 🤥 www.cnbc.com/2017/12/26/analyst-defends-apple-says-iphone-x-order-cut-reports-are-incorrect.htmlAnalyst comes out saying other analyst doesn't know what he's talking about. Sales are solid and not dropping.
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Post by dreamRaj on Dec 26, 2017 11:07:24 GMT -8
Question is... does this call for a BTFD?
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Post by sponge on Dec 26, 2017 16:15:56 GMT -8
Question is... does this call for a BTFD? I would wait one to two more weeks.
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Post by hledgard on Dec 26, 2017 20:18:08 GMT -8
Is the rumor on sales true, really? The rumor could be true, and the X could still be a real success.
I do think the X was a great move, with depth for future phones.
And I believe the phone is the new "computer" for the masses.
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