I am sure that most AFB'ers were unsurprised by this week's results once the momentum from last quarter's FUD-beating earnings subsided. Unless there are some very surprising announcements from Apple, things could be relatively calm until the drumbeat for the Fall releases begins to build up. It would be great if the embarrassment of several prominent AAPL bashers in the most recent quarter resulted in more balanced reporting going forward, but I am not holding my breath.
Exclusive: Big funds knock Apple off its pedestal documents a surprising (to me at least) replacement for Apple as the new darling of the large investment companies. Our own investment firm is one of those who has dumped a bunch of AAPL in the last few quarters, and I plan to have a good laugh at our upcoming meeting with our account manager, who of course has been warning of our account's over weighting in AAPL. Meanwhile, it was a pleasure collecting the increased dividend payout this week.
I think the story about big funds dumping Apple last quarter is actually a positive story,
Apple hit 180 4x last quarter. We are now only 6 points above that.
I am pretty sure we will hit low 170s before this quarter is finished. Those same funds will be buying back at a cheaper price.
If they time it right they can repeat the process 4x a year and make 24%. That is what you call great investing
Well, perhaps you are correct for some cases, but for the personal case I cited, the investment firm shed 11.7M, 23.8M and 21.1 M shares in the last three quarters, for a total of 55.6 M shares. The share price over that period began at $144.02 and finished at $187.04 (roughly a 30% increase). It would take a lot of clever trading to make up for the extra $2.39 B dollars they would have made just by holding.
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5