chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 27, 2019 5:30:52 GMT -8
Not much news in the Apple press this morning, so the meatiest article I could find is iPadOS hands-on review. My new Air 3 is strictly for fun (like monitoring AFB), so I welcome thoughts from anyone who does actual work via iPad. AAPL is currently a nice shade of green, so I will not jinx it by mentioning a certain three-digit number.
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Post by BillH on Jun 27, 2019 5:49:16 GMT -8
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Post by sponge on Jun 27, 2019 6:02:35 GMT -8
Well the stock went straight up this morning in the first 30 min. The SPY is pushing it up but aapl has really outperformed it.
It will be interesting to see what it will do in the next 3 hours.
It appears like it wants to close above 203 tomorrow. I would like to see it make one more short term correction below 200, but right now that does not appear to be where it will be going.
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Post by longsince98 on Jun 27, 2019 6:36:56 GMT -8
although I think technical charts and traders fulfill their own prophecy, Dan Ives calling a 25-30 point AAPL move in a trade resolution, coupled with this guy below, sounds promising: Technical analyst: Apple set up for ‘major breakout’ Chad Shoop sees a huge (40%) move any day now. www.ped30.com/2019/06/27/apple-breakout-investopedia-wedge/
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Post by BillH on Jun 27, 2019 6:46:34 GMT -8
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Post by socal Film Composer on Jun 27, 2019 8:57:53 GMT -8
although I think technical charts and traders fulfill their own prophecy, Dan Ives calling a 25-30 point AAPL move in a trade resolution, coupled with this guy below, sounds promising: Technical analyst: Apple set up for ‘major breakout’ Chad Shoop sees a huge (40%) move any day now. www.ped30.com/2019/06/27/apple-breakout-investopedia-wedge/Nice - i'll take either of those predictions, as long as the wedge breaks to the upside of course - a 40% move up would put us at 280 downwards at 120 - 280 seems more probable but not likely in a quick move. Earnings, China resolution, and proof of growth outside of the iPhone cycle will def. move the stuck into higher multiples as the narrative of services gains more credibility. The apple TV launch is supposed to be this fall - which seems late relative to strength of Netflix, Hulu, and Amazon, but the appetite for streamers seems pretty big as of late, esp. as more and more just cut the damn cord. Remember we were at 211-212 after earnings before the trade war fear took hold.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 27, 2019 10:11:26 GMT -8
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Post by joel90069 on Jun 27, 2019 10:52:49 GMT -8
Very frustrating we can't stay over $200!
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Post by Luckychoices on Jun 27, 2019 11:06:57 GMT -8
Very frustrating we can't stay over $200! I agree that it's frustrating sometimes, but for AAPL Longs, patience is their/our strong suit. That's why I/we "can hold AAPL longer than the market can remain irrational". Cheers (and patience) to the AAPL Longs!!
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Post by joel90069 on Jun 27, 2019 11:09:23 GMT -8
Been long for about 20 years; lots of patience
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Post by longsince98 on Jun 27, 2019 11:20:11 GMT -8
Been long for about 20 years; lots of patience same, and amen to that!
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Post by Luckychoices on Jun 27, 2019 11:22:15 GMT -8
Been long for about 20 years; lots of patience same, and amen to that! And 20 years here, as well. Damn!! Look how patient we all are.
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Post by macprof on Jun 27, 2019 11:31:07 GMT -8
And old (me too).
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Post by eastbaybob on Jun 27, 2019 12:48:06 GMT -8
I bought in year 2000. I think the first three years I had it took the most patience. It was until iPod that it took off. That's how I remember it anyway
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Post by CdnPhoto on Jun 27, 2019 12:57:14 GMT -8
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 27, 2019 13:13:08 GMT -8
That's too bad, but it's been seemingly in the cards for years, with talk of him wanting to head home (for family or otherwise). It's too long of a commute, even if someone loaned you a jet. I can't remember if at the last go-around if he stepped down from heading the design department. But, things change, and changing to consulting still gives some input and advice, without having to deal with the day-to-day.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jun 27, 2019 13:14:03 GMT -8
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Post by pauls on Jun 27, 2019 13:14:28 GMT -8
Sad to see the news. While it’s great that Ive’s new firm will have Apple as a primary client, there’s no telling how well that may go with a new design head taking the reigns.
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SomeJuan
Member
Taking a nap…
Posts: 321
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Post by SomeJuan on Jun 27, 2019 13:21:38 GMT -8
Jony Ive leaving has been on the wall for a long time, same with Mansfield, and it wont affect aapl in the long run, as his new firm has only one client, aapl. I also have belief he will not “Eric Schmidt” aapl.
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Post by sponge on Jun 27, 2019 13:26:43 GMT -8
Jony Ive leaving has been on the wall for a long time, same with Mansfield, and it wont affect aapl in the long run, as his new firm has only one client, aapl. I also have belief he will not “Eric Schmidt” aapl. He will cont to work for Apple as a contractor. It is a non story trying to spook the stock. I do believe he is responsible for most of Apples success. SJ best hire. I do look forward to new designs in the future, but suspect there may be a few in the pipeline since they take years to see the light.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Jun 27, 2019 13:28:51 GMT -8
This should be a short after-hours type blip, though that doesn't mean it will be. IMO, the tough part is when designing a whole new thing, creating the philosophy behind it that leads to the right process and then build. Jony and team have done this for years just as the Mac as a whole has done this. Heck, I probably have the Apple book "Human Interface Guidelines" around here someplace. It is tough when a bunch of new people come in that don't have that worked in experience with what the Mac or iOS is. That was a problem, with certain hires not having the decade+ of experience of how things should be. But the toughest is a whole new interface. The switchover from classic to OS X still had some major baselines to follow, but the creation and progress of the iPhone, which started just after I left, must have been tough. That's when the grand masters, or others that can look at it from multiple ways and levels, are really needed. I'm sure Jony has a great team that is ready for this task of the next whole thing. And while the market gets scared by uncertainty, IMO this will be a buying opportunity if the stock were to sizably drop due to this expected and planned change.
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Jun 27, 2019 14:36:03 GMT -8
Ives is important but he’s not the sole reason Apple and AAPL are where they are today. Without software, ease of use, ecosystem, marketing, Apple DNA, supply chain management and so on, the hardware is nothing. It like when everyone praises the architect for an exemplary outcome of a building. The architect is just one person out of a cast of hundreds or thousands all involved in putting a builder together. Unless everyone is heading in the same direction, it doesn’t really take much to turn ‘amazing’ into ‘clunky’. And anyway, it’s said that Ives has been playing architect on Apple Park for the last few years. This is a good thing. It means the other Apple industrial designers have had to step up which builds experience and confidence. All while Ives has been cementing Apple DNA into their amazing work place in Apple Park.
If the stock is down on Ives ‘departure’ it shows the market still doesn’t ‘grok’ Apple.
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Post by BillH on Jun 27, 2019 16:05:46 GMT -8
Jony Ive leaving has been on the wall for a long time, same with Mansfield, and it wont affect aapl in the long run, as his new firm has only one client, aapl. I also have belief he will not “Eric Schmidt” aapl. He will cont to work for Apple as a contractor. It is a non story trying to spook the stock. I do believe he is responsible for most of Apples success. SJ best hire. I do look forward to new designs in the future, but suspect there may be a few in the pipeline since they take years to see the light. "He was formally recruited to Apple as a full-time employee in September 1992." Not a Jobs hire but he was promoted to head of design upon Steve's return.
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Post by BillH on Jun 27, 2019 16:26:24 GMT -8
I was going to comment that it appears that Ive and Newsom aren't going to get their chance to design an automobile but realized that may not be true. If we see a pirate flag flying over their new space we may have a pretty good idea what they're working on.
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Post by sponge on Jun 27, 2019 17:00:37 GMT -8
Now he can buy and sell apple stock without notifying anyone. Talk about getting inside knowledge as a contractor
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Post by BillH on Jun 27, 2019 17:11:02 GMT -8
Putting it all together. Wow: I guess it’s moving day.
Jony Ive to depart Apple, form independent design company with Apple among its primary clients
Apple’s Beats by Dre Taps Chris Thorne as Chief Marketing Officer
Apple names Sabih Khan senior vice president of Operations
Nick Law’s jump client side to become Apple's vice-president of marcom integration
ARM’s lead CPU and system architect Mike Filippo joined Apple last month
Evans Hankey, the first woman to head up Apple’s famous Industrial Design team
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jun 27, 2019 18:09:14 GMT -8
At first glance, I was concerned about Ive leaving, but I'm not sure what he's done lately except spend $5 billion on a new campus. Sounds like he will still have influence on the company. I keep hearing about this product pipeline... Honestly, I won't be sad when Cook leaves. He runs the place like his personal NGO instead of a profit vehicle for shareholders. I increasingly feel that people like myself (you know, half the country?) have no place in Apple's culture, which of course concerns me as shareholder.
Cheers to all the longs. Let's hope our patience is rewarded and we are closer to 300 than 200 this time next year...unless the socialists win in 2020 and think our AAPL money should go to illegal aliens' "free"" college. My work is done here!
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Jun 27, 2019 18:54:34 GMT -8
JD, you're an eternal misery guts.
Cook, really? I'm pretty happy with the share price increase and the corporate responsibility. The two aren't mutually exclusive and at some point you really can't separate them. Should Apple, say, have their products built in North Korea with slave labour because to support their fiduciary responsibility to shareholders? Perhaps they could put the toxic chemicals back inter products to make an extra buck? Perhaps they could use coal to generate electricity... oh hang on that would cost more.
I'm pretty sure some of Apple's success is driven by their values (the ones listed at the bottom of their web page).
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Post by gtrplyr on Jun 27, 2019 19:07:52 GMT -8
At first glance, I was concerned about Ive leaving, but I'm not sure what he's done lately except spend $5 billion on a new campus. Sounds like he will still have influence on the company. I keep hearing about this product pipeline... Honestly, I won't be sad when Cook leaves. He runs the place like his personal NGO instead of a profit vehicle for shareholders. I increasingly feel that people like myself (you know, half the country?) have no place in Apple's culture, which of course concerns me as shareholder. Cheers to all the longs. Let's hope our patience is rewarded and we are closer to 300 than 200 this time next year...unless the socialists win in 2020 and think our AAPL money should go to illegal aliens' "free"" college. My work is done here! Cook has done a masterful job in this current environment, especially during this impending trade war/crisis with China and our own administration. And I'm very glad your work is done here .... looking forward to when you crawl out from that rock again in a few months with another stupid post.
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Post by BillH on Jun 27, 2019 19:11:01 GMT -8
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