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Post by chasmac on Jun 20, 2015 20:49:06 GMT -8
Update: The Watch models in stainless are not available for pickup. SOLD OUT. I'm upping my ASPs for Watch in the June quarter. The family units got me a SS with sport band for Fathers Day. Daughter has been checking the stores every day and snagged one luckily. Getting shipments every day and selling every one. It's production constrained and will be for some time. There's no way there's a demand problem. I can't imagine Xmas sales...
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Post by macster on Jun 20, 2015 21:26:41 GMT -8
(I looked at a few things yesterday, such as '16 120-140 BCS, with about a 100% potential gain. Basically I was looking at my investment choices instead of putting money into an approved medical marijuana grower a friend is starting up. Apple's not the only field out there making lots of money, and sometimes it's good to diversify a bit) Is it DEA-approved? Because I've never heard of such a thing.
I've got a bad feeling about Monday with these Greek deadbeats. The entitled bums really don't care if they take world markets down with them. The EU is taking reality avoidance to perverse magnitudes. Jesus, just pull off the band-aid already! I'm looking to dump about 700 AAPL shares I've had on margin for a few years, as I'm in escrow, plus I need a car, as the Dogmobile took a crap, and I want to add some margins to my margin. Other than automatic spread assignment/exercise, it will be the first time I've ever sold AAPL stock! My luck, we'll tank on Monday. I was going to write some calls, but 7 contracts are probably more trouble that it's worth, and I'm in a hurry. I've been greedy. Was waiting for 150 to sell a few common to pay off the new windows. I am concerned about monday, then a slow daily decline with the market and then the too late to sell when I wanted scenario. Probably wait it out again. Hopefully the Apple backstop will kick in if panic selling happens. I have a problem selling my precious, its a bad habit but I'm long. I don't trade but if I was average (meaning never catching the bottom or top) and did trade, I'd be much wealthier trading a few of them apples here and there.
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Post by 2centsplus on Jun 20, 2015 23:27:11 GMT -8
Not sure where you are with this 2cents. I bolded these sentences, but not because I agree with them. Are you saying you're in agreement with Paret's comments? Not that there's anything wrong with that... Sorry Luckychoices, my bad for being unclear. I enjoyed your post and was especially amused by this guy's ability to contradict himself in every other sentence. Carry on with the good work!
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jun 21, 2015 2:34:21 GMT -8
Someone said about a week ago that algorithms monitor sites like this for evidence that retail investors are throwing in the towel, at which point they can swoop in. I'm just using reverse psychology on the algorithms. Oh woe is me. The end is nigh. Must dump AAPL tomorrow. Sell. Sell. Sell all Apple. Hey if it works...
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Post by Red Shirted Ensign on Jun 21, 2015 5:26:23 GMT -8
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Post by PikesPique on Jun 21, 2015 6:32:54 GMT -8
Wonderfully informative presentation, Red! Thanks for posting it. There's no time to multitask while viewing and absorbing this talk. Benedict Evens talks so fast, my brain must have been burning calories trying to process all the information coming at it. I only wish I could have gotten "Calories Burned" credit on my Apple Watch. Well, the average human brain burns about 260 calories a day, but thinking really hard doesn't really change that much, if any. Does Thinking Really Hard Burn More Calories: www.scientificamerican.com/article/thinking-hard-calories/
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4aapl
Moderator
Posts: 3,621
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Post by 4aapl on Jun 21, 2015 6:34:07 GMT -8
(I looked at a few things yesterday, such as '16 120-140 BCS, with about a 100% potential gain. Basically I was looking at my investment choices instead of putting money into an approved medical marijuana grower a friend is starting up. Apple's not the only field out there making lots of money, and sometimes it's good to diversify a bit) Is it DEA-approved? Because I've never heard of such a thing. Nope. NV is actually trailing CA and others on this, just getting into the party. And yet there's not many DEA busts, anywhere. It's not like it's hard to find the dispensaries and such if they wanted to bust them, what with the green plusses and freaking "reality TV" shows around them. If the DEA was really trying to send a message, they'd just hit the one on TV....in Breckenridge I believe. It sounds like banking is one of the biggest issues. If only we all had such trouble finding something to do with a pile of cash! I dragged my feet on this one and didn't invest in it. But for the industry as a whole, to me it's a bit like some of the deals Buffet got into back in 2008, where they are juicy enough that you just wish you could get into that too. Or selling supplies to the miners. There's money to be made.
I'm looking to dump about 700 AAPL shares I've had on margin for a few years, as I'm in escrow, plus I need a car, as the Dogmobile took a crap, and I want to add some margins to my margin. Other than automatic spread assignment/exercise, it will be the first time I've ever sold AAPL stock! My luck, we'll tank on Monday. I was going to write some calls, but 7 contracts are probably more trouble that it's worth, and I'm in a hurry. There's never a good time. In selling shares to buy this house, now close to 5 years ago, I think the stock had touched 145 or so, and backed off to 125-130. I probably could have stalled another couple weeks, but of course in retrospect the huge thing is that even after a huge downturn AAPL is up 7x since then. I bought options then to cover a bit more than what the stock would gain over the following 1.5 years if it gained as much as I expected, so that helped, but obviously in retrospect it kept on chugging. And my options train eventually crashed hard with the last downturn in AAPL. I don't see AAPL's next 5 years being anywhere as lucrative as the past 5 years, but if offsetting part of those shares with options helps you, go for it.
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Post by sponge on Jun 21, 2015 6:43:45 GMT -8
Been last two weeks in London and Paris. Bought a new Milanese Band at Galeries Lafayette on Friday and a new band for my wife. It feels like we have new Apple Watches after 2 months. Visited two stores in London and one so far in Paris. They are selling Apple watches and iPhones by the boatload especially to the Chinese. Lafyatte store had most Apple Watches in stock. I was shocked, but they made a point that they were the only place in the world to sell them in stock from day one. Talked to the manager who opened that store within store after opening the Regent Store in London. Employees are very bullish. Folks we will have a great Christmas. But in two years it will be out of this world.
Checking out
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4aapl
Moderator
Posts: 3,621
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Post by 4aapl on Jun 21, 2015 6:52:16 GMT -8
I bought some in the money jan 2016 calls. I won't give the exact strike but they weren't deep in the money. Close to current price. Thanks Nagrani! Out of curiosity, what's your worry about sharing the specific strike? I know in giving real-time trading data, sharing the specific strike can reveal more than you'd prefer. At one time I had a script that grabbed CBOE quotes every 15 minutes, and if I wanted I could have found the approximate size of trades that Gregg or a couple other larger investors on TMF were making, when their trades were likely a couple times larger than mine. But it never really mattered much to me, and though it's sometimes fun to see the specs on someone who shares all the data including quantity, it really doesn't change things. If we both make 80% off of an options trade, it really doesn't matter if you make $80k while I only made $8k off of it. Some people are worried about a "seek and destroy" algorithm reading through our posts. Really the only worry is the slim possibility of everyone jumping into the same strike and boosting it's OI enough to make it a magnet point, but frankly I don't think we have the numbers for that. At the same time, I can understand that, and for the last few years I generally try to make my trades down a strike or two from large OI. So I guess I'm just curious if your worry is privacy or algorithms or too much interest in the same strike. Or something else entirely.
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Post by nagrani on Jun 21, 2015 6:59:29 GMT -8
I bought some in the money jan 2016 calls. I won't give the exact strike but they weren't deep in the money. Close to current price. Thanks Nagrani! Out of curiosity, what's your worry about sharing the specific strike? I know in giving real-time trading data, sharing the specific strike can reveal more than you'd prefer. At one time I had a script that grabbed CBOE quotes every 15 minutes, and if I wanted I could have found the approximate size of trades that Gregg or a couple other larger investors on TMF were making, when their trades were likely a couple times larger than mine. But it never really mattered much to me, and though it's sometimes fun to see the specs on someone who shares all the data including quantity, it really doesn't change things. If we both make 80% off of an options trade, it really doesn't matter if you make $80k while I only made $8k off of it. Some people are worried about a "seek and destroy" algorithm reading through our posts. Really the only worry is the slim possibility of everyone jumping into the same strike and boosting it's OI enough to make it a magnet point, but frankly I don't think we have the numbers for that. At the same time, I can understand that, and for the last few years I generally try to make my trades down a strike or two from large OI. So I guess I'm just curious if your worry is privacy or algorithms or too much interest in the same strike. Or something else entirely. Privacy, size of my trade and I don't want people following me blindly - don't want the guilt if my trade doesn't pan out.
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Post by gtrplyr on Jun 21, 2015 8:47:17 GMT -8
I agree with Taylor. This should never have happened .... Not sure who is coming up with the nonsense of not paying royalties for the trial period but I can totally understand Swift's point of view. If Apple had just agreed the headlines would read "Swift chooses to put her music on Apple's new service ... leaving Spotify and all other streaming services without the biggest selling artist of 2015" ..... Instead we have Swift publicly spanking Apple's new service. I'm switching anyway but think about all the Swift fans that would switch just because she said Apple's service is fair to artists. If I were Tim Cook I would tear into whomever came up with the stupid idea of trying to get artists to subsidize the worlds largest company in starting a music service ....... Apple Fail. OK ... still loving my watch ... my brother tried to get one in Orange County yesterday but they only had the smaller sport watch .... he is flying home to be with my Dad today and will take him to the local Apple Store and try to get 2 watches. Happy Father's day to all ... and as always ... Cheers to the longs !
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jun 21, 2015 8:50:47 GMT -8
I think I was one of the first ones to talk about algorithms here so I wanted to elaborate on the kinds of algorithms I was talking about. When I read "Dark Pools", I learned about new algorithmic work that was based on more than the behavior of the stock price and volume. For those who don't spend a lot of time with statistics, let me give a little background. One of the most general statistical tools is called the General Linear Model or GLM. GLM allows you to calculate the ability of a formula to predict a variable or variables. The variables can be continuous like we see in regression, but the can also include state variables like "home or away". The GLM calculates the overall variance of the dependent variable ( the one we want to predict) and then shows us how much each of the variables contributes to that variance. So, if you wanted to explore how much age, wealth, race, and education contributed to political attitudes, you could set up an equation ( or model) like P = aA +bW + cR + dE where A=Age, W = wealth, R = race and E = education, and the model would calculate the coefficients (a,b,c,d) to give the best fit. The quality of the fit is called R squared. R squared equals 1 is a perfect fit. The art of using something like this is to find the right set of variables. Normally an analyst or experimenter would use their knowledge of the underlying system to develop the model, but a few years ago things changed. Keep in mind that there is nothing here that limits the number of variables. A human would probably stop at 5 or 6, but a computer could have an unlimited number. You could have the computer just try variables at random and keep whatever works best. Now think of the variables as a string of beads or maybe as a set of amino acids on a strand of DNA. While a random set of variables might eventually lead to a better predictor, maybe there is a better way to choose the new combinations. Given the analogy to DNA, people developed a way to generate the combinations by imitating the mechanisms of genetics. This gives a new candidate string that is different from the previous one, but not that different, a controlled mutation that can evolve. Once this is in place, it is just necessary to turn it loose and supply it with data for the variables. Data can be the normal financial data, the number of FUD articles, or the number of times cars are mentioned on AFB. No one really knows what variables are being used, not even the owners of the algorithm. All that matters is the R squared. According to "Dark Pools" there is solid evidence that these work. The algorithms develop their models, make their predictions and place their bets untouched by human hands. We are just along for the ride. I hope this wasn't too pedantic, but I wanted to distinguish between algorithms guided by analysts and thus subject to FUD and bias and what is really going on. If you haven't read "Dark Pools" I recommend it. It is a fascinating account of how computers changed Wall Street.
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Post by redinaustin on Jun 21, 2015 9:21:10 GMT -8
Yep, Taylor is 100% correct And any argument opposing she stance is just excuse making.
You forgot the hashtag. #Applefail
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Post by Luckychoices on Jun 21, 2015 9:25:44 GMT -8
I agree with Taylor. This should never have happened .... Not sure who is coming up with the nonsense of not paying royalties for the trial period but I can totally understand Swift's point of view. If Apple had just agreed the headlines would read "Swift chooses to put her music on Apple's new service ... leaving Spotify and all other streaming services without the biggest selling artist of 2015" ..... Instead we have Swift publicly spanking Apple's new service. I'm switching anyway but think about all the Swift fans that would switch just because she said Apple's service is fair to artists. If I were Tim Cook I would tear into whomever came up with the stupid idea of trying to get artists to subsidize the worlds largest company in starting a music service ....... Apple Fail. OK ... still loving my watch ... my brother tried to get one in Orange County yesterday but they only had the smaller sport watch .... he is flying home to be with my Dad today and will take him to the local Apple Store and try to get 2 watches. Happy Father's day to all ... and as always ... Cheers to the longs ! I agree with both you and Red about Apple Music. Apple should have stepped up. Now cue the FUD in 3...2...1...and here it is: Taylor Swift Denounces Apple Music In Open LetterThey managed to include this part of her letter: Swift writes that the free trial period, in which artists, writers and producers will go unpaid, is a "shocking, disappointing" move by Apple.
But somehow "forgot" to include this part of her letter: To Apple, Love TaylorI write this to explain why I’ll be holding back my album, 1989, from the new streaming service, Apple Music. I feel this deserves an explanation because Apple has been and will continue to be one of my best partners in selling music and creating ways for me to connect with my fans. I respect the company and the truly ingenious minds that have created a legacy based on innovation and pushing the right boundaries. I’m sure you are aware that Apple Music will be offering a free 3 month trial to anyone who signs up for the service. I’m not sure you know that Apple Music will not be paying writers, producers, or artists for those three months. I find it to be shocking, disappointing, and completely unlike this historically progressive and generous company. This is not about me. Thankfully I am on my fifth album and can support myself, my band, crew, and entire management team by playing live shows. This is about the new artist or band that has just released their first single and will not be paid for its success. This is about the young songwriter who just got his or her first cut and thought that the royalties from that would get them out of debt. This is about the producer who works tirelessly to innovate and create, just like the innovators and creators at Apple are pioneering in their field…but will not get paid for a quarter of a year’s worth of plays on his or her songs. These are not the complaints of a spoiled, petulant child. These are the echoed sentiments of every artist, writer and producer in my social circles who are afraid to speak up publicly because we admire and respect Apple so much. We simply do not respect this particular call. I realize that Apple is working towards a goal of paid streaming. I think that is beautiful progress. We know how astronomically successful Apple has been and we know that this incredible company has the money to pay artists, writers and producers for the 3 month trial period… even if it is free for the fans trying it out. Three months is a long time to go unpaid, and it is unfair to ask anyone to work for nothing. I say this with love, reverence, and admiration for everything else Apple has done. I hope that soon I can join them in the progression towards a streaming model that seems fair to those who create this music. I think this could be the platform that gets it right. But I say to Apple with all due respect, it’s not too late to change this policy and change the minds of those in the music industry who will be deeply and gravely affected by this. We don’t ask you for free iPhones. Please don’t ask us to provide you with our music for no compensation. Taylor ============== My emphasis on "I think this could be the platform that gets it right."
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Post by redinaustin on Jun 21, 2015 9:54:23 GMT -8
Two more points: I got my first of I'm sure will be many of an Artist Manager (and wife of an indie label artist)
Musicians have been and still are THE biggest supporters ad Apple. Years ago I was in the home of a major label artist and it was like walking into an Apple][ museum. The first iPads I saw in the wild were on a music stand at a gig with lyrics to new songs.
Musicians are a close knit group and you don't want to piss them off.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jun 21, 2015 10:45:17 GMT -8
So I guess I'm just curious if your worry is privacy or algorithms or too much interest in the same strike. Or something else entirely. Privacy, size of my trade and I don't want people following me blindly - don't want the guilt if my trade doesn't pan out. OMG NAGRANI IS BUYING 100000000000 130 AAPL CALLS, EVERYBODY BUY!!!!!!
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Post by gtrplyr on Jun 21, 2015 10:59:31 GMT -8
Just wanted to add something ..... I just spent close to 1:30 hrs. with Apple Care ... unlocking two phones and backing up another one as well as managing some storage issues .... the person on the other end could not have been nicer and more patient.
Just try that with Samsung or HTC or Android .....
I LOVE this company ... even when they blow it at times ....
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Deleted
Deleted Member
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Post by Deleted on Jun 21, 2015 13:25:29 GMT -8
Apple could split the difference and cover half the 45 day trial period. It only costs them 70% of the total anyway. I don't really care either way, but since Apple is remitting most of the money to music artists/publishers, shouldn't they be on the hook for some if it? After all, if Apple is successful converting freeloaders to paying customers, the artists stand to win big.
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Post by Red Shirted Ensign on Jun 21, 2015 13:45:57 GMT -8
I agree with Taylor. This should never have happened .... Not sure who is coming up with the nonsense of not paying royalties for the trial period but I can totally understand Swift's point of view. If Apple had just agreed the headlines would read "Swift chooses to put her music on Apple's new service ... leaving Spotify and all other streaming services without the biggest selling artist of 2015" ..... Instead we have Swift publicly spanking Apple's new service. I'm switching anyway but think about all the Swift fans that would switch just because she said Apple's service is fair to artists. If I were Tim Cook I would tear into whomever came up with the stupid idea of trying to get artists to subsidize the worlds largest company in starting a music service ....... Apple Fail. OK ... still loving my watch ... my brother tried to get one in Orange County yesterday but they only had the smaller sport watch .... he is flying home to be with my Dad today and will take him to the local Apple Store and try to get 2 watches. Happy Father's day to all ... and as always ... Cheers to the longs ! I agree with both you and Red about Apple Music. Apple should have stepped up. Now cue the FUD in 3...2...1...and here it is: Taylor Swift Denounces Apple Music In Open LetterThey managed to include this part of her letter: Swift writes that the free trial period, in which artists, writers and producers will go unpaid, is a "shocking, disappointing" move by Apple.
But somehow "forgot" to include this part of her letter: To Apple, Love TaylorI write this to explain why I’ll be holding back my album, 1989, from the new streaming service, Apple Music. I feel this deserves an explanation because Apple has been and will continue to be one of my best partners in selling music and creating ways for me to connect with my fans. I respect the company and the truly ingenious minds that have created a legacy based on innovation and pushing the right boundaries. I’m sure you are aware that Apple Music will be offering a free 3 month trial to anyone who signs up for the service. I’m not sure you know that Apple Music will not be paying writers, producers, or artists for those three months. I find it to be shocking, disappointing, and completely unlike this historically progressive and generous company. This is not about me. Thankfully I am on my fifth album and can support myself, my band, crew, and entire management team by playing live shows. This is about the new artist or band that has just released their first single and will not be paid for its success. This is about the young songwriter who just got his or her first cut and thought that the royalties from that would get them out of debt. This is about the producer who works tirelessly to innovate and create, just like the innovators and creators at Apple are pioneering in their field…but will not get paid for a quarter of a year’s worth of plays on his or her songs. These are not the complaints of a spoiled, petulant child. These are the echoed sentiments of every artist, writer and producer in my social circles who are afraid to speak up publicly because we admire and respect Apple so much. We simply do not respect this particular call. I realize that Apple is working towards a goal of paid streaming. I think that is beautiful progress. We know how astronomically successful Apple has been and we know that this incredible company has the money to pay artists, writers and producers for the 3 month trial period… even if it is free for the fans trying it out. Three months is a long time to go unpaid, and it is unfair to ask anyone to work for nothing. I say this with love, reverence, and admiration for everything else Apple has done. I hope that soon I can join them in the progression towards a streaming model that seems fair to those who create this music. I think this could be the platform that gets it right. But I say to Apple with all due respect, it’s not too late to change this policy and change the minds of those in the music industry who will be deeply and gravely affected by this. We don’t ask you for free iPhones. Please don’t ask us to provide you with our music for no compensation. Taylor ============== My emphasis on "I think this could be the platform that gets it right." That is why I used the term bargaining chip. There is a solution here...and Taylor practically promised to deliver her album and fan base if Apple reaches out halfway. If I'm Tim Cook, I call Ms. Swift or her closest advisor and talk this through....
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Post by archibaldtuttle on Jun 21, 2015 14:48:11 GMT -8
I agree with the moral argument, but the money involved here is non-trivial. How many iTunes accounts were there at last count? I can't remember but let's say it was 500 million.
Let's say only half of those click the button in the next versions of OS X and iOS to try Apple Music for free. Apple now would be on the hook to dole out around $7.1 per account to musicians that each user listens to. 250 million * $7.1 per user * 3 months= about $5.3 billion
They won't have nearly that many pay for the service once the free trial ends, but I can see that many trying it for free, especially because they will make it easy and frictionless (no CC entry, etc)
Sure, Apple could afford it, but would you as shareholders really want to see Apple spend $5 billion in this manner?
If I were Apple, I'd take my lumps now, promote the hell out of the free trial so everyone does the three month free trial before Thanksgiving, and *then* change the policy, welcoming Swift and the Beatles and whoever else to the service with a big announcement. That way, the many millions of iTunes accounts have already used up their free trial and the amount at stake to pay for additional free trials is a lot smaller.
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Post by Red Shirted Ensign on Jun 21, 2015 15:37:24 GMT -8
I agree with the moral argument, but the money involved here is non-trivial. How many iTunes accounts were there at last count? I can't remember but let's say it was 500 million. Let's say only half of those click the button in the next versions of OS X and iOS to try Apple Music for free. Apple now would be on the hook to dole out around $7.1 per account to musicians that each user listens to. 250 million * $7.1 per user * 3 months= about $5.3 billion They won't have nearly that many pay for the service once the free trial ends, but I can see that many trying it for free, especially because they will make it easy and frictionless (no CC entry, etc) Sure, Apple could afford it, but would you as shareholders really want to see Apple spend $5 billion in this manner? If I were Apple, I'd take my lumps now, promote the hell out of the free trial so everyone does the three month free trial before Thanksgiving, and *then* change the policy, welcoming Swift and the Beatles and whoever else to the service with a big announcement. That way, the many millions of iTunes accounts have already used up their free trial and the amount at stake to pay for additional free trials is a lot smaller. Understood. How about something during the first 90 days....even ten percent of the full cut...?
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Post by jmolloy on Jun 21, 2015 16:02:05 GMT -8
Understood. How about something during the first 90 days....even ten percent of the full cut...? Come on, credit where credit is due. Apple is relying on these artists to make them money. Apple decided it wanted to offer it for free for 90 days. Why should the musicians sacrifice their cut to promote Apple's new service? It's not like Apple doesn't have the money.
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Post by rickag on Jun 21, 2015 17:15:45 GMT -8
I agree with the moral argument, but the money involved here is non-trivial. How many iTunes accounts were there at last count? I can't remember but let's say it was 500 million. Let's say only half of those click the button in the next versions of OS X and iOS to try Apple Music for free. Apple now would be on the hook to dole out around $7.1 per account to musicians that each user listens to. 250 million * $7.1 per user * 3 months= about $5.3 billion They won't have nearly that many pay for the service once the free trial ends, but I can see that many trying it for free, especially because they will make it easy and frictionless (no CC entry, etc) Sure, Apple could afford it, but would you as shareholders really want to see Apple spend $5 billion in this manner? If I were Apple, I'd take my lumps now, promote the hell out of the free trial so everyone does the three month free trial before Thanksgiving, and *then* change the policy, welcoming Swift and the Beatles and whoever else to the service with a big announcement. That way, the many millions of iTunes accounts have already used up their free trial and the amount at stake to pay for additional free trials is a lot smaller. Thank you for thinking it through, whether or not anyone agrees this puts a number to this decision.
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Post by Red Shirted Ensign on Jun 21, 2015 17:50:13 GMT -8
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Post by rezonate on Jun 21, 2015 17:58:52 GMT -8
Been last two weeks in London and Paris. Bought a new Milanese Band at Galeries Lafayette on Friday and a new band for my wife. It feels like we have new Apple Watches after 2 months. Visited two stores in London and one so far in Paris. They are selling Apple watches and iPhones by the boatload especially to the Chinese. Lafyatte store had most Apple Watches in stock. I was shocked, but they made a point that they were the only place in the world to sell them in stock from day one. Talked to the manager who opened that store within store after opening the Regent Store in London. Employees are very bullish. Folks we will have a great Christmas. But in two years it will be out of this world. Thank you for the report. I've been following your travels as you post on LinkedIn. Still considering setting up a mini-AFB gathering in NYC on Friday, July 24th, if there is interest. Maybe you can charter a jet from SoCal and bring out some AFB stalwarts? Great discussion earlier in the weekend about iPhone and future catalysts. Apple has got to be dreaming up the rest of the widget. There is so much about the modern, first world user experience that they don't control. Making devices will sustain them, but building an untouchable ecosystem is their game. This is why they created Swift. And why they still keep trying to make eWorld/iTools/Dot Mac/Mobile Me/iCloud work. Putting an Apple Music app on Android is a fantastic Trojan horse. The first time an Android user can't get to their subscribed music because the Android OS has not been properly updated, that user will switch. And even if they don't, they'll be bringing dollars to the Apple ecosystem. If Apple can accelerate other manufacturer licensing and adoption of their protocols (such as AirPlay, CarPlay, HomeKit), the network effects will continue to build. Apple's "whole widget" concept goes deep. Very deep.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jun 21, 2015 18:16:49 GMT -8
Is it DEA-approved? Because I've never heard of such a thing.
I've got a bad feeling about Monday with these Greek deadbeats. The entitled bums really don't care if they take world markets down with them. The EU is taking reality avoidance to perverse magnitudes. Jesus, just pull off the band-aid already! I'm looking to dump about 700 AAPL shares I've had on margin for a few years, as I'm in escrow, plus I need a car, as the Dogmobile took a crap, and I want to add some margins to my margin. Other than automatic spread assignment/exercise, it will be the first time I've ever sold AAPL stock! My luck, we'll tank on Monday. I was going to write some calls, but 7 contracts are probably more trouble that it's worth, and I'm in a hurry. I've been greedy. Was waiting for 150 to sell a few common to pay off the new windows. I am concerned about monday, then a slow daily decline with the market and then the too late to sell when I wanted scenario. Probably wait it out again. Hopefully the Apple backstop will kick in if panic selling happens. I have a problem selling my precious, its a bad habit but I'm long. I don't trade but if I was average (meaning never catching the bottom or top) and did trade, I'd be much wealthier trading a few of them apples here and there. Ha ha, my precious. It really does feel that way. I don't want to give AAPL up to the fat greedy hobbitses, not even my rented shares! Alas, I also don't want to have the nicest casket in the cemetery (I want to bounce the check), so gotta enjoy life a little. Futures are green. Hope it bodes well for my AAPL limit order this week...
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4aapl
Moderator
Posts: 3,621
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Post by 4aapl on Jun 21, 2015 18:25:50 GMT -8
Thanks Nagrani! Out of curiosity, what's your worry about sharing the specific strike? Privacy, size of my trade and I don't want people following me blindly - don't want the guilt if my trade doesn't pan out. Fair enough. With several people blowing up in the last mega-dip, and the worry about followers doing likewise, I fully understand that. Thanks for sharing what you feel comfortable sharing!
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Post by burtonair on Jun 21, 2015 18:28:58 GMT -8
Worst thing about the AAPL stock complication on the Watch? The fact that when AAPL closes down on Friday, you stare at red the entire weekend and that's been happening too many weekends!
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Post by archibaldtuttle on Jun 21, 2015 19:34:58 GMT -8
Worst thing about the AAPL stock complication on the Watch? The fact that when AAPL closes down on Friday, you stare at red the entire weekend and that's been happening too many weekends! I have my weekday Watch face, with the Apple Stock complication, and the weekend Watch face (Solar) which doesn't need my calendar appointments or stock price and makes me a lot calmer
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Post by auhkram on Jun 21, 2015 19:49:42 GMT -8
Eddy Cue @cue 19m19 minutes ago #AppleMusic will pay artist for streaming, even during customer’s free trial period
Eddy Cue @cue 18m18 minutes ago We hear you @taylorswift13 and indie artists. Love, Apple
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