Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 28, 2015 2:32:23 GMT -8
Good morning everyone. Shanghai and HSI were GREEN, but everything else is RED. AAPL is RED as well, trading at 114.25 -0.46 (-0.40%). Looks like we still have time to stock up on our favorite fruit. Not much in the news... unless you consider CNet's Apple is obviously a cult (and Samsung isn't), says cultural historian. No link. Bad FUDster. Unrelated to Apple, CNBC has Icahn warns of potential looming catastrophe. Icahn said he's "more hedged now than I've been in years." Perhaps we'll have some truly wonderful news a little later. Have a great day. Let's make money.
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Post by nathanstevens on Sept 28, 2015 3:22:24 GMT -8
2015 China Mid-Autumn Festival holiday was this past weekend from September 26th to 27th. Probably just a coincidence that the iPhone launched on the 25th this year.
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Post by jmolloy on Sept 28, 2015 4:34:33 GMT -8
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Post by podboy on Sept 28, 2015 4:36:42 GMT -8
Wow, I'm happy with over 13 million. No movement in the stock of course.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 28, 2015 4:38:20 GMT -8
CUPERTINO, Calif.—(BUSINESS WIRE)—Apple(R) today announced it has sold more than 13 million new iPhone(R) 6s and iPhone 6s Plus models, a new record, just three days after launch. iPhone 6s and iPhone 6s Plus will be available in more than 40 additional countries beginning October 9 including Italy, Mexico, Russia, Spain and Taiwan. The new iPhones will be available in over 130 countries by the end of the year. “Sales for iPhone 6s and iPhone 6s Plus have been phenomenal, blowing past any previous first weekend sales results in Apple’s history,” said Tim Cook, Apple’s CEO. “Customers’ feedback is incredible and they are loving 3D Touch and Live Photos, and we can’t wait to bring iPhone 6s and iPhone 6s Plus to customers in even more countries on October 9.” iPhone 6s and iPhone 6s Plus bring a powerful new dimension to iPhone’s revolutionary Multi-Touch(TM) interface with 3D Touch, which senses how deeply you press the display, letting you do essential things more quickly and simply. The new iPhones introduce Live Photos, which bring still images to life, transforming instants frozen in time into unforgettable living memories. Live Photos, 3D Touch, 12-megapixel iSight(R) camera, 5-megapixel FaceTime(R) HD camera with Retina(R) Flash and more are powered by the Apple-designed A9 chip, the most advanced chip ever in a smartphone, delivering faster performance and great battery life. iPhone 6s and iPhone 6s Plus are designed with the strongest glass on any smartphone and 7000 series aluminum, the same alloy used in the aerospace industry, in gorgeous metallic finishes that now include rose gold. iOS 9, the world’s most advanced mobile operating system, brings more intelligence to iPhone with proactive assistance, powerful search and improved Siri features, all while protecting users’ privacy. Built-in apps become more powerful with a redesigned Notes app, detailed transit information in Maps*, and an all-new News app for the best news reading experience on any mobile device. The foundation of iOS is even stronger with software updates that require less space to install and advanced security features to further protect your devices. Customers are encouraged to check the Apple Store(R) app or Apple.com to receive updates on availability and estimated delivery dates. Every customer who buys an iPhone 6s or iPhone 6s Plus at an Apple Retail Store will be offered free Personal Setup service, helping them customize their iPhone by setting up email, showing them new apps from the App Store and more, so they’ll be up and running with their new iPhone before they leave the store. Customers can also learn more about iOS 9 and their new device through free workshops at all Apple retail stores worldwide. In the US, the new iPhones are also available through AT&T, Sprint, T-Mobile, Verizon Wireless and additional carriers, and select Apple Authorized Resellers including Best Buy, Target and Walmart. iPhone 6s and iPhone 6s Plus will roll out worldwide to more than 40 additional countries and territories beginning October 9 including Andorra, Austria, Belgium, Bosnia, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, Greece, Greenland, Hungary, Iceland, Ireland, Isle of Man, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Maldives, Mexico, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Switzerland and Taiwan. On October 10, countries include Bahrain, Jordan, Kuwait, Qatar, Saudi Arabia and United Arab Emirates. iPhone 6s and iPhone 6s Plus will be available in India, Malaysia and Turkey on Friday, October 16 and in over 130 countries by the end of the year. Sales completed by Saturday, September 26 will be included in Apple’s 2015 fourth fiscal quarter results, and sales completed on Sunday, September 27 will be included in Apple’s 2016 first fiscal quarter results.
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Post by phoebear611 on Sept 28, 2015 4:40:03 GMT -8
Ding Ding Ding - C'mon down - 13 million - we have a winner !
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Post by nagrani on Sept 28, 2015 4:42:57 GMT -8
Inside the news room at business insider: Editor: Ok gents - clickbait ad revenue is down because of apple and the ad blocking software - we really need to hit them hard on this iPhone release. 13mil is a bigger jump from 9-10 (5c/5s to 6/6+) and we have already said 0 growth. What do we do? Writer: don't worry - we'll just say China was included this year and they filled the channel Editor: readers don't understand channel fill and if we say China is the reason sales are strong - we lose our china excuse to hit Apple every other day. Let's think about this further - maybe we can say Tim Cook is becoming a Hare Krishna and thinking about leaving apple?!?!
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Post by appledoc on Sept 28, 2015 4:53:46 GMT -8
Bloomberg was trying to claim all last week that interest was down and sales would be too. Good call.
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Post by artman1033 on Sept 28, 2015 4:57:52 GMT -8
CUPERTINO, Calif.—(BUSINESS WIRE)—Apple(R) today announced it has sold more than 13 million new iPhone(R) 6s and iPhone 6s Plus models, a new record, just three days after launch. iPhone 6s and iPhone 6s Plus will be available in more than 40 additional countries beginning October 9 including Italy, Mexico, Russia, Spain and Taiwan. The new iPhones will be available in over 130 countries by the end of the year. “Sales for iPhone 6s and iPhone 6s Plus have been phenomenal, blowing past any previous first weekend sales results in Apple’s history,” said Tim Cook, Apple’s CEO. “Customers’ feedback is incredible and they are loving 3D Touch and Live Photos, and we can’t wait to bring iPhone 6s and iPhone 6s Plus to customers in even more countries on October 9.” iPhone 6s and iPhone 6s Plus bring a powerful new dimension to iPhone’s revolutionary Multi-Touch(TM) interface with 3D Touch, which senses how deeply you press the display, letting you do essential things more quickly and simply. The new iPhones introduce Live Photos, which bring still images to life, transforming instants frozen in time into unforgettable living memories. Live Photos, 3D Touch, 12-megapixel iSight(R) camera, 5-megapixel FaceTime(R) HD camera with Retina(R) Flash and more are powered by the Apple-designed A9 chip, the most advanced chip ever in a smartphone, delivering faster performance and great battery life. iPhone 6s and iPhone 6s Plus are designed with the strongest glass on any smartphone and 7000 series aluminum, the same alloy used in the aerospace industry, in gorgeous metallic finishes that now include rose gold. iOS 9, the world’s most advanced mobile operating system, brings more intelligence to iPhone with proactive assistance, powerful search and improved Siri features, all while protecting users’ privacy. Built-in apps become more powerful with a redesigned Notes app, detailed transit information in Maps*, and an all-new News app for the best news reading experience on any mobile device. The foundation of iOS is even stronger with software updates that require less space to install and advanced security features to further protect your devices. Customers are encouraged to check the Apple Store(R) app or Apple.com to receive updates on availability and estimated delivery dates. Every customer who buys an iPhone 6s or iPhone 6s Plus at an Apple Retail Store will be offered free Personal Setup service, helping them customize their iPhone by setting up email, showing them new apps from the App Store and more, so they’ll be up and running with their new iPhone before they leave the store. Customers can also learn more about iOS 9 and their new device through free workshops at all Apple retail stores worldwide. In the US, the new iPhones are also available through AT&T, Sprint, T-Mobile, Verizon Wireless and additional carriers, and select Apple Authorized Resellers including Best Buy, Target and Walmart. iPhone 6s and iPhone 6s Plus will roll out worldwide to more than 40 additional countries and territories beginning October 9 including Andorra, Austria, Belgium, Bosnia, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, Greece, Greenland, Hungary, Iceland, Ireland, Isle of Man, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Maldives, Mexico, Monaco, Netherlands, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, Spain, Sweden, Switzerland and Taiwan. On October 10, countries include Bahrain, Jordan, Kuwait, Qatar, Saudi Arabia and United Arab Emirates. iPhone 6s and iPhone 6s Plus will be available in India, Malaysia and Turkey on Friday, October 16 and in over 130 countries by the end of the year. Sales completed by Saturday, September 26 will be included in Apple’s 2015 fourth fiscal quarter results, and sales completed on Sunday, September 27 will be included in Apple’s 2016 first fiscal quarter results. FWIW: I cannot recall THAT line ever included in an iPhone announcement. TY
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Post by gtrplyr on Sept 28, 2015 5:00:01 GMT -8
Apple sells record number .... street could care less ... stock red .
The madness continues.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Sept 28, 2015 5:01:54 GMT -8
Just floating down the stream.....
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Post by nagrani on Sept 28, 2015 5:25:48 GMT -8
This is just option players keep price down so they can adjust their house positions. Should see Apple green shortly after open.
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Post by gtrplyr on Sept 28, 2015 5:31:41 GMT -8
This is just option players keep price down so they can adjust their house positions. Should see Apple green shortly after open. Those are the fuckheads screwing up Wall Street ....
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Post by nagrani on Sept 28, 2015 5:33:55 GMT -8
Yep. But hang in there next couple of days should be good for the Apple faithful IMO. Do your own DD.
Bold prediction - we take out 117 this week and dance with the 200 MDA
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Post by rickag on Sept 28, 2015 6:00:23 GMT -8
Yep. But hang in there next couple of days should be good for the Apple faithful IMO. Do your own DD. Bold prediction - we take out 117 this week and dance with the 200 MDA Hope you are correct.
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ono
Member
compensation
Posts: 540
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Post by ono on Sept 28, 2015 6:17:24 GMT -8
Did any Foursquare company insiders short AAPL?
"Compare the prediction of 13-15 million iPhones from Foursquare with market expectations of around 12-13 million units, as noted in a report yesterday from KGI analyst Ming-Chi Kuo. In the note issued to clients, Kuo described two likely outcomes for opening-weekend sales. In one scenario, KGI predicted sales of 12-13 million units pleasing investors, while in another prediction it had sales of 10-12 million units triggering a “mixed market response.”
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Post by tuffett on Sept 28, 2015 6:43:23 GMT -8
13 million iPhones in 3 days is over 50 per second...insane
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Post by nathanstevens on Sept 28, 2015 7:10:01 GMT -8
13 million iPhones in 3 days is over 50 per second...insane $2M/minute in iPhone6s & 6s plus revs. Probably close to $1M/minute in profit.
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Post by sponge on Sept 28, 2015 7:13:23 GMT -8
Did any Foursquare company insiders short AAPL? "Compare the prediction of 13-15 million iPhones from Foursquare with market expectations of around 12-13 million units, as noted in a report yesterday from KGI analyst Ming-Chi Kuo. In the note issued to clients, Kuo described two likely outcomes for opening-weekend sales. In one scenario, KGI predicted sales of 12-13 million units pleasing investors, while in another prediction it had sales of 10-12 million units triggering a “mixed market response.” Maybe. However they were pretty accurate. I think we sold closer to 14. The stock reaction is more related to overall market as an excuse to raise cash. It is too tempting not to sell after going from 111.50 the prior Friday to 116.50. The 5 point increments are enough for day traders to make a killing. Prior to split it would be 20-25 points. The split has made this a perfect day trading and option trading stock. Hence the most traded stock on the market. We are setting up for a record Christmas. I think we can sell 90 million iPhones if we can build enough. I do think we will get get green either by end of day or tomorrow. That 200 MA has become a tractor beam and it is the target everyone wants us to hoist and hold. The next 6 months will be amazing.
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Post by sponge on Sept 28, 2015 7:18:39 GMT -8
Let's not forget that the over 13 million is only 6S and 6SPlus. I think they sold a boatload of the discounted 5S and 6 models. They are plenty of folks who wait for the discount to get last years model or just want the smaller form factor.
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Post by archibaldtuttle on Sept 28, 2015 7:28:07 GMT -8
I am close to throwing in the towel, liquidating all my options,and coming back later to reassess. This is just too frustrating. I invest in aapl because of the superior execution and fundamentals. But these have nothing to do with the stock anymore, so what's the point.
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Post by rickag on Sept 28, 2015 7:30:34 GMT -8
13 million iPhones in 3 days is over 50 per second...insane But the whisper number was 51/sec. As brought up by numerous people in posts, the # sold over the weekend is not a function of demand, but is a function of Apples production capacity. One thing I will note is it appears Apple's ability to produce the iPhone 6S & 6S+ has increased, so if we continue to see 1-2 week and 3-4 week waits on orders, the 74 million compare will most certainly be beat. What then? Then Apple will have an even greater compare in FQ 1 2017. Rinse and repeat every year. Something many analysts don't bring up is the continuing increased user base, especially with refurbished iPhones being sold in less developed sales areas (I am looking at you India). This will, IMHO, continue to increase Apple's growth in services (which seem to be accelerating) and corresponding revenue, which should have relatively high margins ( where are Asymco's charts when I need them). (Much) Bigger than Hollywood
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Post by sponge on Sept 28, 2015 8:19:39 GMT -8
Remember we are the ATM machine. That is why the p/e went from 18 to 9 in 2012-2013 and this time from 18.65 to 10.6. Nothing has changed and it may not for many years. So when the market sneezes Apple catches a cold regardless of fundamentals such as iPhone sales or eps growth. Just have ride out the storm. We should be thankful we are not at 100.
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Post by archibaldtuttle on Sept 28, 2015 8:47:12 GMT -8
Moving the goalposts 101. This is from the WSJ:
"Apple said Monday that the latest versions of the iPhone would be available in more than 40 additional countries beginning Oct. 9 and more than 130 countries by year’s end.
Mr. Lamba said the expanded distribution “could help the company get past the tough compare for the December quarter, but the entire 6s cycle will likely have a tough time competing against tough compares,” which could become an issue in the March quarter."
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Post by rickag on Sept 28, 2015 9:54:36 GMT -8
Moving the goalposts 101. This is from the WSJ: "Apple said Monday that the latest versions of the iPhone would be available in more than 40 additional countries beginning Oct. 9 and more than 130 countries by year’s end. Mr. Lamba said the expanded distribution “could help the company get past the tough compare for the December quarter, but the entire 6s cycle will likely have a tough time competing against tough compares,” which could become an issue in the March quarter." Do these idiots even read what they said!
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Post by archibaldtuttle on Sept 28, 2015 10:05:14 GMT -8
My favorite commentary from today, from @charlesarthur:
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Post by gtrplyr on Sept 28, 2015 10:05:19 GMT -8
As I've said way too many times ... let's hope TC is buying back all he can . At least that makes me feel a little less frustrated.
Cheers to the longs .... (Sigh )
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Post by appledoc on Sept 28, 2015 10:08:29 GMT -8
I am close to throwing in the towel, liquidating all my options,and coming back later to reassess. This is just too frustrating. I invest in aapl because of the superior execution and fundamentals. But these have nothing to do with the stock anymore, so what's the point. Nasdaq is down >3%. AAPL down 1.5%. What do you expect?
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Post by archibaldtuttle on Sept 28, 2015 10:10:33 GMT -8
I am close to throwing in the towel, liquidating all my options,and coming back later to reassess. This is just too frustrating. I invest in aapl because of the superior execution and fundamentals. But these have nothing to do with the stock anymore, so what's the point. Nasdaq is down >3%. AAPL down 1.5%. What do you expect? I expect 30% growth to be priced at higher than a 13 PE.
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Post by tuffett on Sept 28, 2015 10:24:14 GMT -8
It is very difficult to price AAPL's growth because it can be so inconsistent. It wasn't long ago that growth was flat, and then we have this year which is unbelievably strong. That said, a P/E of 13 is absurdly low.
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