Week Ending 06/21/13: $413.50 (-16.52)

[lovemyipad]

The bar is open!

[Mav]

What a week.

[burgess]

One week closer to the iPhone event! 11 weeks away?

And one week closer to earnings. 5 weeks away?

I'm looking forward to Q4 guidance, should light a fire under this puppy.

[Mav]

Probably not. ;D

[lovemyipad]

Mav said what I was thinking.

[rickag]

Can we at least hope it starts the kindling, so to speak.

[Lstream]

Lstream, since you have expertise in vid streaming, could 1.35 or whatever Gbps 802.11ac support 4K?

For all of the wonderful things we are talking about, I believe we mean streaming over AirPlay. I don't know the compression ratios that Apple achieves, but I expect that it is very well implemented knowing them. Which means almost certainly yes to your question, with plenty of headroom to spare. The implications are exciting. This stuff is hugely challenging technically if you want an outstanding experience. Which means that Apple's control of hardware and software in all components including Apple TV, is a huge advantage over mid tier muckers like Samsung.

[JDSoCal]

Jun 21, 2013 18:04:56 GMT -5 Mav said:

What a week to stop washing down Valiums with beer.

FTFU.

[rickag]

iPad mini to start selling in Brazil

WooHoo Saturn V lift off....well maybe a bottle rocket.... well at least it's better than a poke in the eye.

[burgess]

I think apples new guidance metrics for Q4 will indicate higher revenue and EPS than Q42012 actuals, so regardless of Q3 results we should see a post earnings share spike.

[appledoc]

Good to see max pain help us out this week!

Very glad to be out save for a handful of Jan 14 spreads. Shorting on a decisive break of 400.

[marcellus]

With regard to July 470s opened recently, I don't think anyone here can conclude this position is bullish or bearish --20/20 hindsight doesn't count.

[marcellus]

I'll make it easy for those who didn't see the earlier link to a rendition of the rumored, affordable iPhone

[Mav]

Nice!

But there's something more to it than just being a CheapPhone - Apple's product ethos is well known to us.

[sponge]

Jun 21, 2013 18:21:56 GMT -5 Mav said:

Probably not. ;D

I agree. A strong move over 485 should happen in Oct. July will be a non factor.

This is going to be a long hot (flat) summer in the wilderness for our stock.

[Mav]

No, I was just saying don't count on Oppenheimer for optimistic guidance, for obvious reasons.

[Mav]

One reason I remain wary of services like iCloud (and backup to my home Macs):

www.nytimes.com/2013/06/22/business/facebook-says-technical-flaw-exposed-6-million-users.html?partner=yahoofinance&_r=0

(6,000,000 friends don't like this.)

[marcellus]

Jun 21, 2013 19:58:33 GMT -5 Mav said:

Nice!

But there's something more to it than just being a CheapPhone - Apple's product ethos is well known to us.

There has to be at least one tentpole feature that separates iPhone 5 Pro and iPhone; I'm betting it's a fingerprint sensor. Or, it just has more ram, storage, chip and camera.

I think I actually prefer this one in my hand than my iPhone 5.

[Mav]

Get a case, Mercel.

NO flagship new iPhone will be just more RAM, or storage, plus a nicer chip and camera. That's not the Apple I know.

We can debate Siri, but no question it was a tentpole feature, and important, if flawed. And 5 is a redesign + new screen, same as the 4.

[burgess]

Jun 21, 2013 20:10:33 GMT -5 Mav said:

No, I was just saying don't count on Oppenheimer for optimistic guidance, for obvious reasons.

I'm saying that apples new guidance method (providing the ranges for revenue & margin), even if conservative, should indicate a year on year increase over Q42012.