Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 28, 2015 3:39:39 GMT -8
Good morning everyone. Markets continue down on oil fears. The only GREEN this morning is the Nikkei and the FTSE. Everything else is RED including AAPL which is trading at 107.63 -0.40 (-0.37%) In the news: Evan Niu at Motley Fool via USA Today has How Apple's debt-powered strategy saves money. Richard Saintvilus at Investopedia has 2 Reasons Apple Will Remain Undervalued in 2016. Apple does have too much cash. Not so sure I want to see them run out and buy something... We'll see where the day goes. Have a great one. Let's make money.
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Post by nagrani on Dec 28, 2015 6:36:15 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 28, 2015 6:49:38 GMT -8
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Post by firestorm on Dec 28, 2015 7:38:06 GMT -8
This is a completely different product. I suspect that more Hyundais were sold than Teslas in December, but both can get you there, albeit in different styles.
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Post by tuffett on Dec 28, 2015 8:01:50 GMT -8
This is a completely different product. I suspect that more Hyundais were sold than Teslas in December, but both can get you there, albeit in different styles. It is a different product, but similar enough that someone who buys a Fitbit is not going to be buying an Apple Watch as well. The market right now is growing quickly enough that both can grow (like iOS/Android a few years ago) but I would definitely consider Fitbit a competitor to Apple Watch.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 28, 2015 8:08:16 GMT -8
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Dec 28, 2015 8:18:06 GMT -8
Any headline ending in a question mark can be answered with the word "No"
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Post by rickag on Dec 28, 2015 9:30:30 GMT -8
In the spirit of the Holidays, I will refrain from any negativity. biting my lip until it bleeds.
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Post by macster on Dec 28, 2015 9:49:57 GMT -8
This is a completely different product. I suspect that more Hyundais were sold than Teslas in December, but both can get you there, albeit in different styles. It is a different product, but similar enough that someone who buys a Fitbit is not going to be buying an Apple Watch as well. The market right now is growing quickly enough that both can grow (like iOS/Android a few years ago) but I would definitely consider Fitbit a competitor to Apple Watch. Got one for xmas. It tells me how many steps I take in my daily routine. I know now and know what to do, to take them extra steps. So I don't need it and will probably end up in the drawer. Nice gift but the newness wears off. Doesn't do enough. Ugly. Not compelling.
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Post by artman1033 on Dec 28, 2015 10:17:57 GMT -8
I think this is positive. iTunes added today. This GrandPa is a big fan.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Dec 28, 2015 10:48:40 GMT -8
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Post by sponge on Dec 28, 2015 10:56:06 GMT -8
Today once again we are moving opposite of goog.
Google is up 56% and we are down 2%.
Only when Google will start to correct will we see AAPL go up.
The problem is that WS expects goog to move up another 25% in the next 12 months.
Apple should start to move up in the next 6 months but still trail goog.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Dec 28, 2015 11:41:43 GMT -8
For my sins, I was recently elected to my city council. It is a small city of about 25,000 with just enough problems to make it interesting, but not anything serious enough that I can do damage. They ran a piece in the paper called "Getting to know your new Councillor" I had to answer a bunch of questions like, "What would you do if you won the Lottery?" My answer was "Keep investing in Apple until it was all gone"
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Post by Luckychoices on Dec 28, 2015 12:07:51 GMT -8
For my sins, I was recently elected to my city council. It is a small city of about 25,000 with just enough problems to make it interesting, but not anything serious enough that I can do damage. They ran a piece in the paper called "Getting to know your new Councillor" I had to answer a bunch of questions like, "What would you do if you won the Lottery?" My answer was "Keep investing in Apple until it was all gone" Congratulations, bud777! Your town will surely benefit from having you on it's city council. I've always appreciated your views on Apple and AAPL so I'm sure you meant, "Keep investing in Apple until I'd doubled my winnings."
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Post by nagrani on Dec 28, 2015 12:21:58 GMT -8
Today once again we are moving opposite of goog. Google is up 56% and we are down 2%. Only when Google will start to correct will we see AAPL go up. The problem is that WS expects goog to move up another 25% in the next 12 months. Apple should start to move up in the next 6 months but still trail goog. Why does goog have to correct for Apple to go up?? Pray tell.
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Post by aaplcrazie on Dec 28, 2015 12:22:00 GMT -8
For my sins, I was recently elected to my city council. It is a small city of about 25,000 with just enough problems to make it interesting, but not anything serious enough that I can do damage. They ran a piece in the paper called "Getting to know your new Councillor" I had to answer a bunch of questions like, "What would you do if you won the Lottery?" My answer was "Keep investing in Apple until it was all gone" "Been here a week now waiting for a Mission, and for my sins they gave me one. Brought it up to me like Room Service. it was a real choice Mission, and when it was over, I never want another."
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Post by tuffett on Dec 28, 2015 13:01:29 GMT -8
Another absolutely pathetic performance.
AMZN has AAPL beat on every timeframe up to 10 years, with less volatility. Seems to be the safer play both for the short term traders and the buy and hold types. I might "capitulate" and move some of my AAPL stake to companies that do well on Wall Street despite their average/crappy performance in reality.
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Post by nagrani on Dec 28, 2015 13:10:16 GMT -8
Another absolutely pathetic performance. AMZN has AAPL beat on every timeframe up to 10 years, with less volatility. Seems to be the safer play both for the short term traders and the buy and hold types. I might "capitulate" and move some of my AAPL stake to companies that do well on Wall Street despite their average/crappy performance in reality. You should write a letter to Apple's investor relations and cc Tim Cook on it. Their email addresses can be found on the website
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Post by nagrani on Dec 28, 2015 13:24:48 GMT -8
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Post by tricouleur on Dec 28, 2015 13:57:52 GMT -8
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Post by sponge on Dec 28, 2015 14:11:04 GMT -8
Today's volume was the lowest since April 14 of this year not counting two days before Thanksgiving.
We're no longer the stock to trade on a regular basis for momentum. We have goog, Msft, amzn, and FB
We have closely followed oil the last few years when going down but very much this year. We must pray oil goes up I guess.
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Post by sponge on Dec 28, 2015 14:53:24 GMT -8
Further evidence the sky is not falling. The counter point is that this quarter 61% of sales are overseas. So this data is not as conclusive as one might think.
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Post by archibaldtuttle on Dec 28, 2015 21:05:03 GMT -8
Let's just say for a second the Flurry data is dead on accurate, and iPhone device unit sales are 2% below last year. Combined with the two days of launch-weekend sales that were included in this quarter instead of last quarter, that should put them just slightly above flat on iPhone unit sales, which is about what Wall Street has been expecting.
If they do show that result, I actually don't see how much lower the stock would go. After all, the valuation it has now has only been this low when AAPL's earnings were actively *decreasing* year-over-year. In other words, although the analysts are expecting flat to minuscule growth in EPS, the market is actually pricing in an EPS decrease. Which is good for us, in that AAPL really can't sustainably go much lower. Unless, of course, their earnings are even worse than expected.
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Post by sponge on Dec 28, 2015 22:23:26 GMT -8
Let's just say for a second the Flurry data is dead on accurate, and iPhone device unit sales are 2% below last year. Combined with the two days of launch-weekend sales that were included in this quarter instead of last quarter, that should put them just slightly above flat on iPhone unit sales, which is about what Wall Street has been expecting. If they do show that result, I actually don't see how much lower the stock would go. After all, the valuation it has now has only been this low when AAPL's earnings were actively *decreasing* year-over-year. In other words, although the analysts are expecting flat to minuscule growth in EPS, the market is actually pricing in an EPS decrease. Which is good for us, in that AAPL really can't sustainably go much lower. Unless, of course, their earnings are even worse than expected. I agree regarding the stock and this being the low. However we have an extra week of iPhone sales since this year it came out later.
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mark
fire starter
Posts: 1,552
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Post by mark on Dec 29, 2015 10:30:20 GMT -8
Good question and great point. Another question that could be asked is "Could hams have had a better Christmas than Caviar?"
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