Since84
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To infinity and beyond!
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Post by Since84 on Jan 8, 2016 3:29:14 GMT -8
Good morning everyone. Sigh of relief. Most of the world is GREEN this morning. Shanghai is up almost 2%. Perhaps suspending circuit breakers was a good idea. AAPL is GREEN, trading at 97.13 +0.68 (0.71%) at this early hour. We'll see if yesterday was the bottom. Apple Max Pain is $104 for this week and $110 for next. In the news: Reuters has Major Apple supplier Hon Hai of Taiwan posts 20 pct slump in Dec sales. Gotta manage this 'recovery'. Can't wait for Earnings to get this one behind us. Of course, that just resets the clock for the next round of 'Fact' or 'FUD'. Have a great day. Let's make money.
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Post by rob_london on Jan 8, 2016 3:35:38 GMT -8
The last 14 minutes of the current episode of 'The Critical Path' podcast is especially worth listening to. Ben Bajarin talks about the herd mentality and lack of research undertaken by the Wall Street 'analysts' covering Apple: www.asymco.com/2016/01/08/the-critical-path-166-glance/Update: The herd mentality illustrated again this morning, with several WS 'analysts' falling over themselves to lower their price targets. Kudos to Brian White for sticking to his $200 target. Some commentary this morning appropriately from MorningStar: "Apple Sell-Off Looks Overdone" news.morningstar.com/articlenet/article.aspx?id=735490&SR=Yahoo
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Since84
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To infinity and beyond!
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Post by Since84 on Jan 8, 2016 5:35:20 GMT -8
AAPL rising on the good jobs report. Currently at 98.11 +1.66 (1.72%) in premarket.
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Post by rob_london on Jan 8, 2016 5:52:55 GMT -8
Apr 2, 2012 - Brian White of Topeka Capital Markets placed a $1001 price target on shares of Apple, becoming the ... 1001? contestants on The Price Is Right? Game Theory? He's always had memorable price targets: $666, $777 and $123.
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Since84
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To infinity and beyond!
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Post by Since84 on Jan 8, 2016 7:00:40 GMT -8
Bounce or Bottom?
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Post by Red Shirted Ensign on Jan 8, 2016 7:28:01 GMT -8
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Post by sponge on Jan 8, 2016 7:42:12 GMT -8
Welcome back Red. Let me know what price perdiction you desire for aap. I can provide any number of ranges in price and time frame.
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Post by Red Shirted Ensign on Jan 8, 2016 7:50:59 GMT -8
Welcome back Red. Let me know what price perdiction you desire for aap. I can provide any number of ranges in price and time frame. I moved out of some AAPL positions back at 109. Rolled some calls too. I've been slowly reentering at 95-6. Stink bid also remains at 91.50 I'm meh on the market but still like AAPL long term. Jan2017 95 strikes don't seem crazy....but who know.... Back to the Delta Quadrant
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Post by jmolloy on Jan 8, 2016 8:05:06 GMT -8
The guy blows hot and cold on Apple. Mostly cold when he switched to Android. A peddler of anti-Apple screed since then. I'll go check the piece out but he's on ignore for me these days.
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Since84
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To infinity and beyond!
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Post by Since84 on Jan 8, 2016 8:22:00 GMT -8
And the WSJ [$] swoops in with Apple: When Down Is Up. Take away "Ironically, that may help wash the fear out of Apple’s absurdly undervalued stock. Down 17% over the last month, the shares actually rose more than 2% Friday morning. At just 7.5 times forward earnings, excluding net cash, it’s easy to see why investors may start taking a shine to a bruised Apple."
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Post by rob_london on Jan 8, 2016 9:15:04 GMT -8
a(Reuters) – The National Football League is planning to live-stream all three games scheduled to be played in London next season, and Apple Inc and Alphabet Inc subsidiary Google are among the technology companies in talks to buy the rights to conduct the streams, said two sources familiar with the situation.
Last year, the NFL partnered with Yahoo Inc to live-stream a London game, the first time a technology company has streamed a game for free to viewers. Live-streaming is becoming increasingly popular as more consumers cancel their cable subscriptions, a practice known as cord-cutting. Winning a partnership with the NFL to live-stream one or all three games would be a big victory for a technology company.
Apple owns Apple TV and Google owns YouTube. If Apple or Google win the rights to stream one or more games, it would be a first for either company.
The NFL wants to live-stream more London games after last year's streaming experiment was deemed a success, according to the sources, who asked to remain anonymous because they are not permitted to speak to the media.
It is unclear if the NFL seeks to sell the rights to stream all three games as a package or individually, or how much the league is asking for the rights.
Representatives for the NFL, Apple and Google declined to comment.
About 15.2 million viewers worldwide watched at least part of the live-streamed game in October, which was broadcast during early-morning hours in the United States, therefore drawing a smaller audience than regular NFL games. In some cases, the stream of the game automatically started playing on Yahoo websites and consumers who clicked on those websites were counted as viewers if the streams played for more than 3 seconds.
An average of 2.36 million viewers were watching at any given time, according to data released by Yahoo and the NFL. About one-third of the viewership came from outside the United States.
Nationwide broadcasts of Thursday night games on CBS and NBC's Sunday night games average more than 20 million U.S. viewers per minute, according to Nielsen TV data.
In the months leading up to London game live-streamed by Yahoo, Yahoo dropped its asking price for commercials during the game from $200,000 to less than $100,000, buyers said. Ad slots were sold out. ...
Still, media buyers said the game's overall viewership and the participation of more than 30 advertisers signaled a success at the time.
Given the big push by Google, Apple and other tech companies to build their presence in the media world, it is no surprise they would want to partner with the NFL, said Tom Richardson, a sports media professor at Columbia University in New York City.
"Professional sports content is among the most premium content you can find," said Richardson, who is also president of consulting firm Convergence Sports & Media. "If it happened in Hollywood, why wouldn't it happen with professional sports?" Separately, the NFL has put its Thursday night football package, which will include live-streaming rights, out to bid and is expected to announce a decision by the Super Bowl in February, according to one of the sources.
For the past two years, CBS has won the one-year deals for broadcast rights for Thursday night football, and the network is bidding again, CBS CEO Les Moonves told attendees of the UBS Global Media and Communications Conference last month. Fox Sports, a division of Twenty-First Century Fox , is also among the bidders, a Fox spokesman confirmed.
The three games scheduled to be played in London are the Indianapolis Colts versus the Jacksonville Jaguars on Oct. 2, the New York Giants against the St Louis Rams on Oct. 23, and the Washington Redskins versus the Cincinnati Bengals on Oct. 30.
Personally I would like to see Apple live stream Premier League football (soccer) games. I believe there was a rumour circulating a few months ago that Apple are interested. The English Premier League has a global TV audience of 2.7 billion, with over one billion in Asia and Oceania. The overseas TV rights for 2016-19 is approximately £970 million per season, which is chicken feed for Apple.
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Since84
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Post by Since84 on Jan 8, 2016 9:33:40 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Jan 8, 2016 10:29:48 GMT -8
Apr 2, 2012 - Brian White of Topeka Capital Markets placed a $1001 price target on shares of Apple, becoming the ... 1001? contestants on The Price Is Right? Game Theory? That was more than 2 years prior to the 7 for 1 split (June 9, 2014), so he came pretty close at 134.54 (=941.78) on April 28 last year.
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Post by Luckychoices on Jan 8, 2016 11:17:44 GMT -8
Red, everything was good until I got to this part: Alphabet would definitely be my choice if I had to give X amount of $ to a company and should choose the one that is most likely to use it in a way that benefits mankind. Alphabet is really trying to improve people's lives, to save lives, possibly even to extend life, and that's because it has fantastic founders who are still practically in control. If Tim Cook wanted to spend billions of dollars on, say, medical technologies, his shareholders simply wouldn't allow him to do that. Also, if someone asked me which of those companies has the greatest potential upside, I would bet on GOOG. But... the current PE ratio just makes it very expensive. I don't mean to say it's worth less, but at its current price it's just not a steal, unlike AAPL.That one paragraph made me question his thought process and reasoning ability. I was almost expecting him to include their now discarded catch phrase, "Don't be evil"* as another reason to invest in GOOG. I mean, he may be right about them...but I don't think so. * en.wikipedia.org/wiki/Don%27t_be_evil
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Post by Luckychoices on Jan 8, 2016 11:35:54 GMT -8
This is worth reading. I've included a few excerpts below the link. Wall Street is missing Apple's Secret Weapon=> The ‘dead’ Mac alone will generate revenue greater than 35% of Google’s total revenue in 2015 and nearly double Facebook’s revenue from 2015. => It’s a fact that over 60% of Apple’s revenue comes from the iPhone. It’s also a fact that iPhone sales increased every quarter in fiscal 2015 compared to 2014. => Apple has increased spending in R&D by 90% over the last two-years. Yes, the largest company in the world has nearly doubled its investment in innovation. => Mac sales alone in the last four quarters have hit $25 billion. This product alone is larger than all of Facebook’s revenue ($16 billion) and is 35% of all of Google’s revenue. Yes, the 'dead Mac’ is 35% of Google. => Then there’s the 'failed’ Apple Watch which will generate revenue larger than all of Facebook’s profits in all of 2016, twice over. And, remember, it’s version two of Apple products that start the meteoric sales growth. Version two of Watch is due out this March.
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Jan 8, 2016 12:13:57 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 8, 2016 13:08:12 GMT -8
Well, $99 was nicer but at least AAPL is GREEN.
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Post by rickag on Jan 8, 2016 16:25:40 GMT -8
Sooooooo, I know car talk may be inappropriate, but my wife just bought a BMW X3. Anyone have any thoughts?
I ask because I am not a car guy and know little about cars, after all I drive 2010 Ford Focus, bought used.
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Post by BillH on Jan 8, 2016 20:12:53 GMT -8
Car talk not being appropriate is urban legend propagated by those that feel compelled to go outside, turn around 3 times and spit whenever it comes up. This presumably wards off the evil spirits of AAPL investing that are somehow threatened by an optimistic outlook. We have a 2008 3 series wagon, normally aspirated (no forced induction aka. turbo's) with a sports suspension and a manual transmission. It has close to one hundred thousand miles on it. Only repair to date was an electronic control module that was replaced under warranty. Absolutely love the damn thing and most likely will never replace it unless BMW decides to start importing similar vehicles again someday. The most important thing to remember about your wife's new car is that you already own it and your wife, having picked it, will be thrilled to death. Congratulations, Bill
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 8, 2016 21:42:57 GMT -8
For those who may not have been around the board long enough to remember, back in 2012 when Apple was reaching 700 for the first time, there were a lot of people here who were feeling pretty good about themselves. One of them was a frequent poster named Gregg Thurman. Gregg had quite a collection of classic cars and as the profits started piling up, he would post about the next car he was going to acquire. About that time the book "Dark Pools" came out. part of the book disclosed the role of algorithmic trading where computer programs would scan news articles and use the frequency of certain phrases to predict sentiment and then buy and sell stocks based on that. Since the programs used genetic algorithms, not even the programmers were really aware which factors influenced the decisions. The conjecture here was that the frequency with which people here talked about buying outrageously expensive cars influenced the algorithms. No one conducted experiments, but it seemed to work. Maybe it's superstition, but then again, maybe Elliot Wave is also. At any rate, since there are people here who are hurting and who may believe it, why not just be a good guy and accommodate them.
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Post by archibaldtuttle on Jan 8, 2016 23:10:57 GMT -8
For those who may not have been around the board long enough to remember, back in 2012 when Apple was reaching 700 for the first time, there were a lot of people here who were feeling pretty good about themselves. One of them was a frequent poster named Gregg Thurman. Gregg had quite a collection of classic cars and as the profits started piling up, he would post about the next car he was going to acquire. About that time the book "Dark Pools" came out. part of the book disclosed the role of algorithmic trading where computer programs would scan news articles and use the frequency of certain phrases to predict sentiment and then buy and sell stocks based on that. Since the programs used genetic algorithms, not even the programmers were really aware which factors influenced the decisions. The conjecture here was that the frequency with which people here talked about buying outrageously expensive cars influenced the algorithms. No one conducted experiments, but it seemed to work. Maybe it's superstition, but then again, maybe Elliot Wave is also. At any rate, since there are people here who are hurting and who may believe it, why not just be a good guy and accommodate them. I just sold all my cars and other possessions because of this downturn. I am bankrupt. Selling all my AAPL. #nottruebuthopefullythealgoswilllikeit
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Post by BillH on Jan 9, 2016 3:51:31 GMT -8
No one conducted experiments, but it seemed to work. Maybe it's superstition, but then again, maybe Elliot Wave is also. At any rate, since there are people here who are hurting and who may believe it, why not just be a good guy and accommodate them. Gregg may have been one of the crazier people that ever stopped by this place. Inventing new words (ISM) that no one but he knew the definition of to replace old words (PE) that everyone understood was but one of his more bizarre moments. Anyway, saying that someones a bad guy simply because he doesn't believe in kowtowing to someones ridiculous theory that someone else MAY have bought strikes me as a little nuts in it's own right. Sorry, can't go there.
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Post by rickag on Jan 9, 2016 5:30:27 GMT -8
Car talk not being appropriate is urban legend propagated by those that feel compelled to go outside, turn around 3 times and spit whenever it comes up. This presumably wards off the evil spirits of AAPL investing that are somehow threatened by an optimistic outlook. We have a 2008 3 series wagon, normally aspirated (no forced induction aka. turbo's) with a sports suspension and a manual transmission. It has close to one hundred thousand miles on it. Only repair to date was an electronic control module that was replaced under warranty. Absolutely love the damn thing and most likely will never replace it unless BMW decides to start importing similar vehicles again someday. The most important thing to remember about your wife's new car is that you already own it and your wife, having picked it, will be thrilled to death. Congratulations, Bill Thank you, yes she is thrilled.
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Post by nagrani on Jan 9, 2016 6:51:19 GMT -8
Apple is about to report their best quarter ever and most FCF ever. They have the hottest product in the hottest market and angles on wearables and a potential car. I like Apple. Let the market continue to give me a discount to it.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 9, 2016 7:53:31 GMT -8
No one conducted experiments, but it seemed to work. Maybe it's superstition, but then again, maybe Elliot Wave is also. At any rate, since there are people here who are hurting and who may believe it, why not just be a good guy and accommodate them. Gregg may have been one of the crazier people that ever stopped by this place. Inventing new words (ISM) that no one but he knew the definition of to replace old words (PE) that everyone understood was but one of his more bizarre moments. Anyway, saying that someones a bad guy simply because he doesn't believe in kowtowing to someones ridiculous theory that someone else MAY have bought strikes me as a little nuts in it's own right. Sorry, can't go there. I wouldn't go so far to say that someone was a BAD guy because he wasn't concerned about others superstitions. But I do think that it would be a kind thing to do if you respected them. But it is up to you, you don't have to be concerned with it if you choose not to be. It is just a courtesy, like turn signals.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,103
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Post by Dave on Jan 9, 2016 10:51:57 GMT -8
Sooooooo, I know car talk may be inappropriate, but my wife just bought a BMW X3. Anyone have any thoughts? I ask because I am not a car guy and know little about cars, after all I drive 2010 Ford Focus, bought used. I have a 2011 X3 35i that I bought when it was about a year old. It's a great SUV and I enjoy driving it. My only complaint is when you first pull away from a stop. It's almost impossible to make a smooth start without having your head snapped against the headrest. I've taken it to the dealer several times for a solution but I'm always told it's normal-vehicle-operation. Also known as turbo surge. This is my first turbocharged car. The problem may have been corrected on the newer models. I haven't test driven any of the new models as it's dangerous for me to do so as I might come home with a new car. But other than this annoyance, I love the vehicle. I've been a BMW fan for a long time and I agree with BillH and long for a naturally-aspirated, manual transmission days of BMW where the on-board computer was there to help you drive, not drive for you. I long for another E46 M3. And congratulations on your new BMW, I think you've made a good choice.
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Post by BillH on Jan 11, 2016 5:41:42 GMT -8
Sooooooo, I know car talk may be inappropriate, but my wife just bought a BMW X3. Anyone have any thoughts? I ask because I am not a car guy and know little about cars, after all I drive 2010 Ford Focus, bought used. I have a 2011 X3 35i that I bought when it was about a year old. It's a great SUV and I enjoy driving it. My only complaint is when you first pull away from a stop. It's almost impossible to make a smooth start without having your head snapped against the headrest. I've taken it to the dealer several times for a solution but I'm always told it's normal-vehicle-operation. Also known as turbo surge. This is my first turbocharged car. The problem may have been corrected on the newer models. I haven't test driven any of the new models as it's dangerous for me to do so as I might come home with a new car. But other than this annoyance, I love the vehicle. I've been a BMW fan for a long time and I agree with BillH and long for a naturally-aspirated, manual transmission days of BMW where the on-board computer was there to help you drive, not drive for you. I long for another E46 M3. And congratulations on your new BMW, I think you've made a good choice. I found this which has some TSB's mentioned within which may be applicable to your issue. Turbo lag is a very familiar concept to me. Turbo surge from a standing start? Not so much. www.bimmerfest.com/forums/showthread.php?t=683157
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,103
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Post by Dave on Jan 15, 2016 10:23:18 GMT -8
Thanks BillH for the links, but I've already visited the BMW forums looking for an answer but found none that worked. One solution I tried was the transmission reset procedure, which seemed to help for a short period but the problem later returned. I agree about the turbo, as I've experienced turbo lag before and told the BMW tech that, but he insisted surge was the problem and could not be corrected. This is a very early production X3 that was manufactured in Germany and it has a single turbo as they later added a second turbo to those produced after mine. I've also read that the transmission is programed to start off in 2nd gear and as the gas pedal is pushed it will downshift to 1st gear which is when your head bounces off of the headrest. It's fun when that's what your wanting to do, but gets old quickly. The warranty is about up and it may be time to go car shopping, or maybe just drive this one into the ground. Thanks again.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 15, 2016 18:34:18 GMT -8
Did I understand that right? The turbo lag is so bad that they have to start in second gear, then they downshift to first? That is just sad'
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