chinacat
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AAPL Long since 2006
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Post by chinacat on Feb 7, 2018 8:18:33 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Feb 7, 2018 8:34:37 GMT -8
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4aapl
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Post by 4aapl on Feb 7, 2018 8:39:34 GMT -8
Likely part of today's redness, Goldman Sachs analyst Rod Hall initiated coverage of the stock with a neutral rating, citing the " not so super cycle" as a key reason for his cautious stance While Goldman is also looking at financing iPhone purchases Was this volatility a dip/pullback/correction/crash? Trouble with some iPhone 7's having no service due to HW issue, but contact Apple before the end of March Gordon Kelly iPhone 7 and X call problemsAnd for those traveling to CA over the next week, it's going to be great weather, with the long term forecasts showing a little donut hole of no precipitation for CA/NV in both the 10 and 14 days forecasts. Great for seeing the sites and most people's ski trips, even if it's not great for those looking for some fresh snow. The rest of the country should see some moisture though. opensnow.com/dailysnow/tahoe#(and if you're after fresh snow, there's always Paris )
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Feb 7, 2018 9:47:12 GMT -8
Without meaning to excuse or diminish the referenced problem...is there a more relentlessly negative reporter of Apple news than Mr. Kelly?
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4aapl
Moderator
Posts: 3,655
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Post by 4aapl on Feb 7, 2018 10:00:38 GMT -8
Without meaning to excuse or diminish the referenced problem...is there a more relentlessly negative reporter of Apple news than Mr. Kelly? I know some people here are bugged by Kelly's articles, so I called out the author of the link. But after too many group-think issues over the last 20 years of holding AAPL, I try to read the negative ones too. And for anyone with an iPhone 7 with the HW issue, it's good to know. I guess I find the analysts siting unnamed sources on rumored supply chain changes to be more annoying. But some people do have the knack for finding any trace of lead in the gold-filled pot at the end of the rainbow.
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Post by incorrigible on Feb 7, 2018 10:17:29 GMT -8
And for those traveling to CA over the next week, it's going to be great weather, with the long term forecasts showing a little donut hole of no precipitation for CA/NV in both the 10 and 14 days forecasts. Nice to hear there will be nice weather for the Pebble Beach Pro-Am this weekend. (It will always be the "Crosby" to me though).
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Post by carbonate24 on Feb 7, 2018 11:22:44 GMT -8
Without meaning to excuse or diminish the referenced problem...is there a more relentlessly negative reporter of Apple news than Mr. Kelly? I know some people here are bugged by Kelly's articles, so I called out the author of the link. But after too many group-think issues over the last 20 years of holding AAPL, I try to read the negative ones too. And for anyone with an iPhone 7 with the HW issue, it's good to know. I guess I find the analysts siting unnamed sources on rumored supply chain changes to be more annoying. But some people do have the knack for finding any trace of lead in the gold-filled pot at the end of the rainbow. I agree that it can be beneficial to read the negative articles, and I generally do, but imo Gordon Kelly's articles tend to be 95% fluff and 5% skewed fact. His headlines are perhaps most annoying as they are usually overly dramatized just to get his page hits and lack any real substance. I do my best to avoid his articles and that other regular on Forbes, Ewan Spence. I get that they don't like Apple, but their attempts to highlight the negative in everything Apple does is pathetic. I just sincerely hope that they don't believe the trash they publish actually provides value to anyone who reads it. Forbes should be embarrassed that they even allow their name/site/brand to be associated with them. I think Forbes has lost a lot of credibility with their "Forbes contributor network" because of clowns like these two. It makes me question any article I read on Forbes now that I don't know as well as Apple. That's not such a big problem because I try to avoid Forbes in the first place.
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Post by dreamRaj on Feb 7, 2018 12:02:40 GMT -8
Clearly, Apple hasn't resumed its buybacks yet.
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Post by Luckychoices on Feb 7, 2018 12:25:32 GMT -8
So I'm reading the comments of an article on Seeking Alpha titled, Apple: 'Super Cycle' Could Be In Trouble, But Not The Company, when I came across a comment from one of our former AFB members: Gregg Thurman Comments (38) |+ Follow |Send Message | It's amazing how myopic AAPL "analysts" are in describing AAPL's selloff of the last 4 days. During the six days of the US selloff AAPL dropped 13 points (8%). The DOW dropped 2500 points (9+%) in six days. AAPL's DOW weighting didn't cause that. The S&P 500 dropped 285 points (9.5%) in six days. AAPL's S&P weighting didn't cause that. The Nasdaq 100 dropped 1000 points (13+%) in six days. AAPL's Nasdaq weighting didn't cause that. The Nikkei 225 dropped 2800 points (11.5%) in 8 days. AAPL's drop had zero influence on the Nikkei 225 drop. The Euro Stoxx 50 dropped 325 points (8.8%) in 10 days. AAPL's drop had zero influence on the Euro Stoxx 50 index drop. The DAX dropped 1425 points (10.5%) in 10 days. AAPL's drop had zero influence on the DAX index drop. You'll find the same percentage drop in the Hang Song, CAC and other major indices around the world. AAPL's post earnings decline was part of a worldwide market selloff, and had little, if anything, to do with iPhone X (pick your medicine) sales or guidance. Investors' expectations for worldwide growth were overheated. This selloff of nearly everybody was the bubble bursting. Now that expectations have been reset we'll see index growth. Apple will grow faster, BECAUSE their results were solid and guidance indicated continued multi-quarter double digit (YoY) growth. Bottom line is that WS (and SA "analysts") are focusing too much on units sold and not near enough on ASPs (leading to double digit revenue and net income growth). NEW | 07 Feb 2018, 02:51 PM
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Post by dreamRaj on Feb 7, 2018 13:19:02 GMT -8
At this price, Apple could use that extra 163 bln to buy back 20% of the company. Just sayin...
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