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Post by artman1033 on Apr 28, 2015 15:50:43 GMT -8
Whenever I get frustrated with AAPL, pull up a 10 year chart and overlay one that seems to be doing better than Apple. Like GOOG. Then I feel better. Touché if one was to pull up a TWO year chart comparing NFLX and AAPL, Mr. Icahn's decision to sell NFLX and to buy AAPL WOULD come into question.....
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Post by phoebear611 on Apr 28, 2015 16:44:58 GMT -8
The level of analyst stupidity hits new lows today as these astute, would-be mind-readers over-think the words of a seemingly fatigued Tim Cook. CEO Cook's CC performance lacked the usual song and dance, pantomime, and juggling show which analysts are apparently accustomed to seeing. As Tim only received 3 out of 5 stars for his performance and analysts weren't given complimentary jello pops, the stock fell today despite record breaking results and proof of continued juggernaut momentum. feedproxy.google.com/~r/InternetTechnologyRss/~3/VinXh1Tjxvk/042815-749951-apple-ceo-tim-cook-gives-no-specifics-on-watch-sales.htm"Sacconaghi was underwhelmed by Cook's commentary on the Apple Watch, the company's first new product category in five years.
"While Apple did not provide an explicit forecast for the Watch or comment on orders to date, its tone describing demand discernibly lacked the enthusiasm and superlatives that have typically accompanied other Apple product launches," Sacconaghi said."
"The company also "was coy about what it expected the Watch's sustainable margin profile to be," Sacconaghi said. "We had viewed the Watch as potentially meaningfully margin-accretive to Apple's financials going forward, and are incrementally puzzled — and sobered — by Apple's commentary."
"Cowen analyst Timothy Arcuri says that the lack of specifics for the Apple Watch launch reaffirms his "relatively tepid outlook" for the wearable until the second-generation product comes out. Arcuri rates Apple as outperform with a price target of 135.
UBS analyst Steven Milunovich says that the Apple Watch commentary was "ambiguous." But Apple's ability to start selling the smartwatch in additional countries in June is "making us wonder about demand," he said in a note Tuesday.
Comments lacked 'usual bullishness'
The commentary from Apple management about the Apple Watch "lacked the usual bullishness that we have become accustomed to from Apple," Mizuho Securities analyst Abhey Lamba said in a note Monday. "Our checks in Asia continue to indicate that the unit volumes remain slow to ramp, and there is a possibility that Watch units might disappoint investors." Cook clarified his comments, saying he didn't want people to interpret his comments to mean something else.
"I'm thrilled with it," he said. "I feel really great about it. The customer response, literally, from what I've seen, is close to 100% positive. And so it's hard to imagine it being better."When I listened to the call yesterday I said to my husband that TC sounded tired. "You would be too if you put up those numbers and just launched a new product!" was my husband's response. "Yeah but the street will make a big frigging deal over it,"I said. "No way - these numbers are just amazing," was my hubby's response. He tells me that I pick on the most stupid things that make zero sense to make a big deal about. Unfortunately, I worked on the street and I know how those pea brains work. They (the analysts) focus in on whatever it is they want to be important and then just blow it up by giving it significance. They wanted to hear more about the watch and they didn't...even tho they were forewarned that they would not be told anything. It didn't matter - they still wanted to hear more. As for the company's stellar performance - it was expected. So for that they get no accolades. They're all a bunch of talentless ingrates. How screwed up is Wall Street? Those with ZERO talent get to judge those who have all of it. What a joke.
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Post by zzmac on Apr 28, 2015 16:52:10 GMT -8
Whenever I get frustrated with AAPL, pull up a 10 year chart and overlay one that seems to be doing better than Apple. Like GOOG. Then I feel better. My two cents: people are simply taking profits and the inevitable march upwards will continue. "As long as the roots aren't severed, all is well!" So have patience everyone and remember....."there will be growth in the spring." Don't worry about Apple, all will be well in the garden.
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Post by michelc on Apr 28, 2015 17:01:57 GMT -8
Small idea why apple didn't talk about numbers on the watch. Apple have always said that they talk about sold products not ship products . If has people think just a couple of 100 thousand made it in the end of customer for whatever reason, it is wise to not talk about numbers . Keep that for the wwdc and five big numbers
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Post by jmolloy on Apr 28, 2015 17:17:49 GMT -8
Small idea why apple didn't talk about numbers on the watch. Apple have always said that they talk about sold products not ship products . If has people think just a couple of 100 thousand made it in the end of customer for whatever reason, it is wise to not talk about numbers . Keep that for the wwdc and five big numbers Honestly? Because the watch numbers had no impact on the quarter. The watch has technically only been on sale for 4 days. If you are playing poker then why signal your hand 3 months before you need to?
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Deleted
Deleted Member
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Post by Deleted on Apr 28, 2015 17:58:38 GMT -8
They're all a bunch of talentless ingrates. How screwed up is Wall Street? Those with ZERO talent get to judge those who have all of it. What a joke. This pretty much sums it all up. It's bizarre these guys have a voice. No valuation credentials. No accountability. No business experience. WTF
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Post by artman1033 on Apr 28, 2015 18:28:03 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,183
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Post by JDSoCal on Apr 28, 2015 19:40:38 GMT -8
Small idea why apple didn't talk about numbers on the watch. Apple have always said that they talk about sold products not ship products . If has people think just a couple of 100 thousand made it in the end of customer for whatever reason, it is wise to not talk about numbers . Keep that for the wwdc and five big numbers Because Tim said he wouldn't. I agree with others here who have argued that Tim should become Sales Nazi, "no numbers for you!" Other companies with much higher P/E's are far more opaque, so what does Apple get from breaking down sales other than giving its competitors free market research? Fuck WS ANALysts and their dart throwing! Name one reason Apple should give watch numbers other than to appease those dicks (giving Mav and Mercel and those dreadful Braeburn types fodder for darts does not constitute a good reason). Due diligence and FA is pointless anyway, as today's AAPL action can attest.
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Post by Red Shirted Ensign on Apr 28, 2015 21:28:11 GMT -8
I agree with the "just the facts Ma'am" crowd.
Keep the mystery in the secret sauce. Let the market and anaaaaalysts fight over the ingredients. Just sell a lot of product and forecast selling even more...
There is no reward for transparency from those who are not transparent themselves.
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