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Post by dreamRaj on Dec 2, 2019 6:53:50 GMT -8
Hello - Hope everybody had a great Thanksgiving weekend. AAPL is rather volatile at the start jumping all over from 266.71 to 268.25 (ATH). Hope it settles and ends at the latter or higher Here's something that excited me: Analyst estimates Apple sold 3 million AirPods over Black Friday / Cyber Monday weekendThe line that excited me was this: "For all of 2019, the analyst says Apple will have sold in excess of 60 million AirPods. It could hit 85-90 million in 2020." That's a WHOPPING ~20 BILLION REVENUE FROM FREAKIN' EARPHONES!!!! Cyber Monday today! Adobe expects record sales of $9.4 Bln today. How much of that belongs to Apple?
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Dec 2, 2019 7:11:15 GMT -8
Cyber Monday today! Adobe expects record sales of $9.4 Bln today. How much of that belongs to Apple? Costco online has sold out of many of the Apple deals they had, including the iMac 27", the MacBook Pro, and at least one MacBook Air. OTOH, the new iPads are still available, at $249 and $329. That $249 for the 32 gb version matches a few other deals out there, including Amazon and Walmart. My parents already bought one off of Amazon on Wednesday or Thursday before the one on Costco was available, and we likely will pick one up. (FWIW, the iMac 27" price doesn't seem to be duplicated anywhere, though the B&H price is pretty close if you take into account sales tax, and don't care about the extended warranty through Costco) It seems like lots of things are selling. Both Costco and America's Tire Company/Discount Tires were saying they were extending their Thanksgiving day sales due to website traffic issues. I don't know about other sites, but this points to consumer sales likely doing well. Nice to see a new ATH, but it would be better if it could hold onto the range. That should tick up if positive news comes for consumerism for these last few days.
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chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Dec 2, 2019 8:23:56 GMT -8
Forbes has Half of Apple’s Business Is at Risk, which is a rather myopic view leading to statements such as “Apple made this move out of desperation, and it may well spell the end of Apple’s run as a dominant company.” I’ll respond with two observations: 1. The iPhone is still an aspirational product world-wide 2. The word “services” does not appear once in the article
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Post by silkstone on Dec 2, 2019 9:55:47 GMT -8
Forbes has Half of Apple’s Business Is at Risk, which is a rather myopic view leading to statements such as “Apple made this move out of desperation, and it may well spell the end of Apple’s run as a dominant company.” I’ll respond with two observations: 1. The iPhone is is still an aspirational product world-wide 2. The word “services” does not appear once in the article Yea right, the perfect clickbait headline pointed at everyone who has a stake in Apple. iPhone is still growing, installed base is still growing, services & wearables are growing mightily, iPad is growing so to ignore all of that says a lot about the author and his motivations. Internet “news” is mostly opinion centric bs as opposed to research based on facts. The problem is that even people with stupid opinions have a platform to express their ideas as if they were credible and the rest of us have to sort thru all this fourth rate bull crap 💩 to get to the truth. Most people don’t have the time or ability to do this and so they prolly end up believing some of it. That reality has lowered the bar for everyone. We need a way to filter it asap, I put the blame and responsibility for fixing it on Facebook, google, twitter, etc. but hey, it’s all just my opinion.
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4aapl
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Posts: 3,622
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Post by 4aapl on Dec 2, 2019 10:40:40 GMT -8
Most people don’t have the time or ability to do this and so they prolly end up believing some of it. That reality has lowered the bar for everyone. We need a way to filter it asap, I put the blame and responsibility for fixing it on Facebook, google, twitter, etc. but hey, it’s all just my opinion. I'm also amazed at how often I get info just from the headline, without even clicking on it. I don't try to do this with stocks, but often it's the stuff on CNN, such as a few months ago hearing about a small plane landing on city streets. I clicked on it a few days later, but that was after talking about it with 2 others at a party, one who was becoming a pilot. We had all heard of it, but maybe only 1 had actually clicked. I've wondered about a micropayment "thanks" type thing, aimed partially at youtube and the like, thanking people for the helpful info. But the side benefit would be a filtering mechanism, only seeing the stuff that helped, instead of the one titled "Changing your wheel bearing on an AWD Sienna" that ends up just being 12 minutes of showing off a new tool instead of the end to end process. Sure, a bot farm could up the ratings with a slew of micropayments, but it would be a start.
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4aapl
Moderator
Posts: 3,622
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Post by 4aapl on Dec 2, 2019 21:38:49 GMT -8
Costco online has sold out of many of the Apple deals they had, including the iMac 27", the MacBook Pro, and at least one MacBook Air. OTOH, the new iPads are still available, at $249 and $329. That $249 for the 32 gb version matches a few other deals out there, including Amazon and Walmart. My parents already bought one off of Amazon on Wednesday or Thursday before the one on Costco was available, and we likely will pick one up. (FWIW, the iMac 27" price doesn't seem to be duplicated anywhere, though the B&H price is pretty close if you take into account sales tax, and don't care about the extended warranty through Costco) While the 27" iMac says sold out at Costco, and has been mostly unavailable since late last night right when I was trying to order it, I found a workaround and was able to order one. Last night it said it was backordered, and was letting me buy it but said it would arrive in a week. But then they changed things and a minute later the "add to cart" option was gone. But I found a workaround. Adding it to a "comparison", and then going to the comparison page, that page had the add-to-cart option. It still said it was backordered, and so it would take an extra week, but it let me place the order and eventually sent me a confirmation. Hopefully it will go through. So, if you want to order something that says sold out, due to limited quantities for a specific timed event, whether on Costco or some other site, something like this may be a workaround that's worth keeping in your toolbox. I missed the close of the day, while we were digging out 36" of dense snow. OTOH, the local ski resort just announced they are opening a week earlier than expected. While not as exciting as AAPL setting a new ATH, it's still a good thing. I hope seeing AAPL's RSI drop a bit that we can expect it will be touching off more ATHs soon enough if Apple's products keep flying off the shelf. But really it's also an overall market thing, but I think the odds are in the markets favor.
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