chinacat
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AAPL Long since 2006
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Post by chinacat on Mar 24, 2019 20:57:45 GMT -8
The big day is finally here. As usual there will be an immediate reaction to what is announced, but the real results will take somewhat longer to assess. MacRumors says WSJ on Apple's Video Service: Starz, Showtime, and HBO to Cost $9.99 Per Month, Roku May Gain Apple TV App. IMHO, it's going to be much harder to get heartbeats racing with a list of programs, new and old, than it is releasing a product like, say, iPhone X with well-known, measurable features like speed, power, and even ease of use. Looking beyond Monday... Forbes has Apple's iPhone 11 Can Beat Samsung With Three Features, which begs the question "What exactly does beat mean?" Price? Unique features? Better versions of equivalent features? Unit sales (guess we won't be getting this one)? Revenue? Patently Apple reports that Apple Pay is the best U.S. Payment Service available in China ahead of PayPal, Amazon Pay and others. However, they are fifth overall.
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benoir
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Post by benoir on Mar 25, 2019 4:54:04 GMT -8
And if the day pans out well when do we hit $211.86? (I think that’s the magic number)
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walterwhite
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"I am the one who knocks!"... Albuquerque, NM
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Post by walterwhite on Mar 25, 2019 5:33:03 GMT -8
And if the day pans out well when do we hit $211.86? (I think that’s the magic number)
sorry i don't get it... what's magic about it?
edit: $1T market cap? (if so, not sure it's so magical... the number keeps changing as number of shares is reduced... i seem to remember it was below $200 not so long ago to hit $1T market cap)
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benoir
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Post by benoir on Mar 25, 2019 6:00:17 GMT -8
And if the day pans out well when do we hit $211.86? (I think that’s the magic number) sorry i don't get it... what's magic about it? edit: $1T market cap? (if so, not sure it's so magical... the number keeps changing as number of shares is reduced... i seem to remember it was below $200 not so long ago to hit $1T market cap)
Was being a bit tongue in cheek. Nothing ‘magical’ about it but probably a psychological marker in the market. I mean come on... it got the market pretty excited last time, even though it is just an arbitrary high water mark. And yes the question mark implied I’m not sure what the actual share price is to hit $1T but it looks like is somewhere around the high $211’s (edit... actually I meant to add another question mark at the end...)
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Post by sponge on Mar 25, 2019 7:34:31 GMT -8
History should repeat and we will sell off after the event.
This service will be a great addition, but I don’t think it will generate the revenue and profit everyone expects.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Mar 25, 2019 7:43:23 GMT -8
History should repeat and we will sell off after the event. This service will be a great addition, but I don’t think it will generate the revenue and profit everyone expects. Ahhh, our daily ray of sunshine...
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Mar 25, 2019 8:20:16 GMT -8
Lawdy, how many stupid things can WSJ's Tripp Mickle say in a single article? - Apple is facing competition in areas it has no expertise in! (you mean like the iPhone?) - Apps have doomed the iPhone! ( ) - We are in the "twilight" of the smartphone era (apparently the Apple Watch is replacing it?)
- Apple faces steep competition from big spenders! ( $15B annual spend by NFLX is a rounding error for Apple) Tripping Mickle does claim Apple considered a Disney acquisition. Hadn't heard that sourced before. Wish it happened.
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Post by incorrigible on Mar 25, 2019 10:26:03 GMT -8
Struggling to sit through this presentation. The Pakistani guy is doing comedy. Thinks I'll go work out and catch the cliff note later.
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Post by gtrplyr on Mar 25, 2019 10:47:46 GMT -8
Lots of great stuff already.
Power of the Apple Card alone should have made this stock pop but like usual WS has no imagination at all.
I will be paying for Apple News subscription so my entire family can read magazines and great papers for only $10 a month
I will be getting an Apple Card on day 1 ..... tired of having my citibank card number getting stolen.
I will be signing up for Apple TV+
I think many others will as well.
BTW, all of those extra iOS features should help drive iPhone sales as well ...
Cheers to the longs .... looks more like 2019 will be very good for AAPL.
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Post by longsince98 on Mar 25, 2019 11:14:06 GMT -8
Lots of great stuff already. Power of the Apple Card alone should have made this stock pop but like usual WS has no imagination at all. I will be paying for Apple News subscription so my entire family can read magazines and great papers for only $10 a month I will be getting an Apple Card on day 1 ..... tired of having my citibank card number getting stolen. I will be signing up for Apple TV+ I think many others will as well. BTW, all of those extra iOS features should help drive iPhone sales as well ... Cheers to the longs .... looks more like 2019 will be very good for AAPL. read the show summary - those are all very strong long term plays, ones which play to apples strengths and aren’t as easy for competitors to ape - apple is so good with their MO.
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Post by BillH on Mar 25, 2019 11:27:48 GMT -8
This event wasn't one I was particularly excited to see but watched it anyway. I have to say the segment on AppleTV+ is the best thing I've seen from Apple since the introduction of the iPhone. Maybe better. . ymmv.
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Post by Zeke on Mar 25, 2019 11:40:11 GMT -8
I've been proposing that Apple acquires Disney for years. It would give them ABC and ESPN, as well as the whole Disney library.
But in other news, the BIG, BIG deal here is the credit card. If the card is widely accepted Apple becomes a banking stock too. This could be REALLY big depending on adoption. With no fees for anything, and maximum flexibility for consumers, the card is very attractive. I wonder how long it will take the pundits to recognize this.
And finally, I can't remember the last time I was here, but I was all cash for a while until APPL hit $170 going down. I bought into it going down and am happily in the green now.
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ems
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Post by ems on Mar 25, 2019 11:54:10 GMT -8
I think the CC will depend on the rate, if it's amazingly low that will get them some good PR. The instant cash back is really the major plus to this, there's plenty of 1-3% cards out there but most either have fees or are tied to a crappy points system or something else. In general the rate shouldn't really matter to the upscale clientele since ideally it's paid off monthly anyway, but still... The real reason for the card is to drive more use of Apple Pay. The fact it's a sweet looking titanium card with a nice minimalist aesthetic is an excellent bonus as well.
It will be interesting to see what the price and subject matter of the arcade and tv+ turn out like. Hopefully they get more providers and content on board between now and when they roll it out. And a nice understated hardware drop of the charging mat would be nice too, like the upgrades from last week on hardware.
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Post by alxyz on Mar 25, 2019 12:04:32 GMT -8
Apple is teaming with Goldman Sachs and MasterCard on the CC but not clear to me if it can be used everywhere the MasterCard is used. That was hinted at in the presentation but not clear what they mean. Today many places that recognize MasterCard don't accept Apply Pay, will that change?
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Post by aaplcrazie on Mar 25, 2019 12:25:13 GMT -8
The way I understood it was if someone does not accept Pay, then you can use the physical Card which is tied to Mastercard's back end.
Not sure how i feel about The Great Vampire Squid tho.....
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Post by macglenn on Mar 25, 2019 12:34:14 GMT -8
Am I correct, we didn't get the AppleTV+ subscription pricing in the presentation? Or are the original content sold individually?
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Post by Zeke on Mar 25, 2019 12:39:03 GMT -8
I remember something about the interest rate being VERY low.
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Post by Zeke on Mar 25, 2019 12:40:38 GMT -8
The way I understood it was if someone does not accept Pay, then you can use the physical Card which is tied to Mastercard's back end. Not sure how i feel about The Great Vampire Squid tho..... As a consumer I'm dubious of Mastercard, but as a stockholder I'm thrilled.
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Post by Zeke on Mar 25, 2019 12:41:53 GMT -8
No subscription pricing was mentioned.
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Post by audiosculpture12 on Mar 25, 2019 14:04:16 GMT -8
Wallstreet won’t get it, but i agree the card is huge. And the gaming sub, news all brilliant. Tv will live/die by the reviews on the shows - apple making content is a new one.
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chinacat
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Post by chinacat on Mar 25, 2019 15:05:50 GMT -8
Wallstreet won’t get it, but i agree the card is huge. And the gaming sub, news all brilliant. Tv will live/die by the reviews on the shows - apple making content is a new one. Agree about the card; not a gamer so can't judge that one;... ...with regard to TV, the presentation finally made me realize that this is also about the movement of TV shows from televisions to mobile devices, and the upgrade of the TV app will help people make that transition. Your entertainment library can follow you wherever you go, and the cost of owning a TV is avoided. I have never used the TV app, but it and recent improvements to it certainly were emphasized during the presentation. The show was very well produced and presented, and they certainly got top talent to narrate it. The decision to do the traditional device releases last week was a wise strategic move, allowing a very focused event today. AAPL on the rise since the show ended.
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Post by incorrigible on Mar 25, 2019 15:27:41 GMT -8
I guess I'm just an old fart but why has something as simple as watching TV becoming so complicated? Now we need apps/services to put all our "digital content" in one place. Netflix, HBO Now, Purchased movies, Fire TV, Roku. etc ... WTF?
I just want to watch the news and an occasional game.
[/rant]
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Post by zzmac on Mar 25, 2019 15:38:41 GMT -8
I guess I'm just an old fart but why has something as simple as watching TV becoming so complicated? Now we need apps/services to put all our "digital content" in one place. Netflix, HBO Now, Purchased movies, Fire TV, Roku. etc ... WTF? I just want to watch the news and an occasional game. [/rant] Instead of having 1000 channels that you don’t watch you subscribe to just the ones you want. That’ll get better as they grow. I’ve said it before but they need to get the rights to at least some NFL games which would be huge. The NFL has recently said they might not renew their deal with Direct TV and can opt out next year. They want to get into more streaming(!) to reach a wider audience. C’mon Apple!!
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chinacat
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Post by chinacat on Mar 25, 2019 16:12:35 GMT -8
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Post by alxyz on Mar 25, 2019 16:30:07 GMT -8
To pay off your 🍎card balance you use 🍎Pay ( as far as I can figure out ). I use AmEx to payoff my 🍎pay so I will be getting rewards points twice (🍎pay & AmEx) for each purchase. What am I missing here?
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chinacat
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Post by chinacat on Mar 25, 2019 18:07:02 GMT -8
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Post by sponge on Mar 25, 2019 19:11:32 GMT -8
Way too bullish around here.
This is the first presentation I did I not watch in its entirety. Skipped most of it. The Apple TV + was the most interesting for me. The shows seem interesting but unless I know the price, it is hard to tell how popular they will be. Everyone has different tastes so the popularity will depend on the quality. Not sure what Apple producers and directors bring to the table that the rest of the competition does not. Time will tell.
The credit card is interesting and I am a huge Apple Pay fan. But apple will need to persuade millions of Apple Pay customers to add one more card. I prefer points for airline travel over dollars. Interest rate will be a big factor. Adding one more card to the Apple Wallet makes it a little harder then traditional cards. My wife has yet to add Apple Pay even though she spend much more then me.
Not sure if the Arcade and News app will take off. The internet has killed the magazine world. Gaming may be a different story but I only have a couple games no need to add another subscription.
I think these services will slowly build up momentum but it will take years. Like Apple Pay and Air Pods. My Air Pods are great but useless after 2 years. Need to replace them due to battery issues.
Apple will be in the wilderness for 18 months. World economies are slowing down will the US. We just have to be patient in the mean time.
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Post by Luckychoices on Mar 25, 2019 21:40:29 GMT -8
Way too bullish around here. Yeah, that's one problem with being invested in AAPL over the last 19 years. Everyone: analysts, investors and traders have always been too damned bullish about the company and its future. /s This is the first presentation I did I not watch in its entirety. Skipped most of it. The Apple TV + was the most interesting for me. The shows seem interesting but unless I know the price, it is hard to tell how popular they will be. Everyone has different tastes so the popularity will depend on the quality. Not sure what Apple producers and directors bring to the table that the rest of the competition does not. Time will tell. So you're willing to follow charts, trends, etc but couldn't spend a little less than 2 hours watching perhaps the most important announcement/presentation that Apple has made in recent years? The credit card is interesting and I am a huge Apple Pay fan. But apple will need to persuade millions of Apple Pay customers to add one more card. I prefer points for airline travel over dollars. Rumor has it that those dollars can *also* be used for airline travel. I think these services will slowly build up momentum but it will take years. Some have also guessed that it will take *years* for AAPL to get back to $232. I'm not one of those people. Apple will be in the wilderness for 18 months. World economies are slowing down will the US. We just have to be patient in the mean time. The AAPL dividends in our IRAs bought 25% more new shares with AAPL down to $170.80 on 02/14/19 than they did when AAPL was at $214.66 on 8/16/18; so if Apple is "in the wilderness for 18 months", I'm sure most AAPL Longs will do just fine. Cheers to the AAPL Longs!
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Mar 25, 2019 22:18:15 GMT -8
I've been proposing that Apple acquires Disney for years. It would give them ABC and ESPN, as well as the whole Disney library. But in other news, the BIG, BIG deal here is the credit card. If the card is widely accepted Apple becomes a banking stock too. This could be REALLY big depending on adoption. With no fees for anything, and maximum flexibility for consumers, the card is very attractive. I wonder how long it will take the pundits to recognize this. And finally, I can't remember the last time I was here, but I was all cash for a while until APPL hit $170 going down. I bought into it going down and am happily in the green now. Ugh, no ESPN please! A millstone around Disney’s neck, and the exact opposite of Disney’s crown jewel content. ESPN suffers yuge and ever-increasing licensing fees for one-time viewing by an ever-shrinking audience. Disney movies, OTOH, are watched by kids over and over. I really do hate Netflix’s model though. The whole release-a-whole-season-at-once is idiotic. HBO doesn’t do that and they are actually profitable. Binge-dumping creates an insatiable desire that can never be fulfilled. Anyway hope the new video thing takes off. 📈
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Post by audiosculpture12 on Mar 25, 2019 23:05:15 GMT -8
Sorry - not a gamer either - but removing in app purchases and advertising, whilst investing in counterculture/sub culture gaming means parents can subscribe to the service with confidence, and adult gamers will be v supportive too i expect. The moat and garden inside just gets bigger and better.
Everytime they upgrade this stuff thry upgrade tge iphone.
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