Since84
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To infinity and beyond!
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Post by Since84 on Jan 15, 2016 3:24:11 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 15, 2016 3:27:52 GMT -8
Gruber at Daring Fireball has: APPLE VS. AAPL ★ Neil Cybart, “The Two Apples”: Just as Wall Street is nervous about AAPL’s changing revenue sources, Apple’s ultimate success is built on that very ideal. Even though Apple was the “iPod company” yesterday and the “iPhone company” today, management’s goal is to make sure that Apple will one day be known as something else, such as the “car company” or the “personal transport company.” This isn’t to suggest that Apple will change its culture and mission statement depending on where growth can be found. Instead, management looks to enter product categories that make it possible to advance Apple’s goal of making technology more personal. In the beginning, such a goal was achieved with the Mac but soon included the iPod, then iPhone and iPad, and now Apple Watch. […]
While AAPL investors look at changing revenue sources and Apple entering new industries as risk factors, for Apple such characteristics are normal business and according to plan. It is this divide that will likely continue indefinitely, suggesting it is unwise to expect AAPL to one day begin to follow Apple. Just as a declining AAPL stock price is no indication of a struggling Apple, there will likely come a time when AAPL outperforms peers even though Apple, the company, may be struggling.
Part of what makes Apple so interesting to write about is that the company is so widely misunderstood.
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Post by BillH on Jan 15, 2016 5:17:02 GMT -8
Gruber at Daring Fireball has: APPLE VS. AAPL ★ Part of what makes Apple so interesting to write about is that the company is so widely misunderstood. Sometimes (I fear) that includes me.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 15, 2016 5:50:17 GMT -8
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Post by tuffett on Jan 15, 2016 6:26:25 GMT -8
These markets are just insane. There is no bottom for this stock.
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Post by artman1033 on Jan 15, 2016 6:46:19 GMT -8
Some great folks here want Tim Cook to speak before the earnings call. CMG spoke this week about their current food safety problems. THIS is the result. www.chicagotribune.com/business/ct-chipotle-closing-stores-food-safety-20160114-story.htmlThe story is true.... BUT it leaves out much that was discussed by CMG. Chipotle will close Feb. 8 for companywide meeting on food safety
Chipotle Following successive food poisoning outbreaks last year, Chipotle is closing its stores for a few hours next month to talk about food safety. Chris Arnold, the company's spokesman, said the meeting would happen Feb. 8 and involve all staff. A range of issues will be covered. "We want to thank our teams for all of their hard work, to discuss some of the changes we are making to enhance food safety, to talk about the restaurants role in all of that and to answer questions from employees," he said in an email. Health officials investigated six outbreaks tied to Chipotle last year involving norovirus, E. coli and salmonella. They included one that started in October in Oregon and Washington and spread to seven other states, sickening more than 50 people by mid-November. In December, about 200 were sickened by norovirus after eating at a Chipotle in Boston. Also in December, federal health officials investigated five cases of E. coli poisoning in Kansas, North Dakota and Oklahoma. The outbreaks started in July in Seattle where health authorities tracked five illnesses to one store. In August, nearly 100 were sickened by norovirus after eating at an outlet in Simi Valley, California, and in September more than 60 fell ill in Minnesota. The company's sales slid 30 percent and its stock price plummeted nearly 40 percent. At least nine lawsuits have been filed, including one for Chris Collins, a web developer in Lake Oswego. Bill Marler, a food safety litigator in Seattle, said more suits are coming. Chipotle tweaks cooking after E. coli scare "I represent a total of 75 people, but I haven't filed all their lawsuits yet," Marler said. Chipotle hired a food safety expert, changed its food handling practices and has started testing produce before shipping to stores. Tribune Content Agency
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Post by dreamRaj on Jan 15, 2016 6:48:14 GMT -8
These markets are just insane. There is no bottom for this stock. Speaking of which, what if we remain in the 100 area till ER and the numbers aren't mind-blowing? The current price already has that outcome baked in but can we go below 90? That would be insane at a whole new level. May sound funny but then other companies like GOOG and MSFT with cash at hand will start buying AAPL shares.
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Post by artman1033 on Jan 15, 2016 6:50:59 GMT -8
These markets are just insane. There is no bottom for this stock. Speaking of which, what if we remain in the 100 area till ER and the numbers aren't mind-blowing? The current price already has that outcome baked in but can we go below 90? That would be insane at a whole new level. May sound funny but then other companies like GOOG and MSFT with cash at hand will start buying AAPL shares.I don't think so. THEIR shareholders would sue.....
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Post by sponge on Jan 15, 2016 7:28:30 GMT -8
Normally I would say the market is driving us down, but we have seen days like this when we could be slightly red or even green.
The big boys are greedy today and would like to collect the premiums of the 37k additional contracts between 99-98.
We could see a recovery above 98.50 by end of the day.
It is rather funny how the markets use any minor data to sell off during OE week.
Looking forward to Thursday and Friday of next week.
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Post by mrentropy on Jan 15, 2016 7:47:25 GMT -8
Who was it that said apple had bought back 15% of its stock already, maybe a Horace tweet? If not for that, we have a new all time low PE
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Post by tuffett on Jan 15, 2016 8:05:15 GMT -8
Of course we can go below 90. There is no bottom, and if there is it's certainly far below 90. The market's forward earnings are questionable, the USD strength is causing global havoc including in the USA and the market is still valued highly on a historical basis. AAPL will not be spared. Start of the week was promising but as we can see it cannot survive continued pressure.
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Post by archibaldtuttle on Jan 15, 2016 8:19:52 GMT -8
When are they going to start screwing with the put holders ?
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Post by artman1033 on Jan 15, 2016 9:09:36 GMT -8
The case of the missing phone statistics has finally been solved – today, Xiaomi revealed that it sold 70 million smartphones in 2015, a number below even their most modest predictions. It’s been apparent for a while that something went wrong for Xiaomi in 2015. In 2014, the company predicted that they would sell 100 million phones in the coming year – an estimate that was promptly bumped down to 80 million last March. When late 2015 rolled around, and China’s techies eagerly awaited the company’s sales report, they were met with silence. CEO Lei Jun talked in December about how the company “does not emphasize goals such as smartphone sales anymore,” which certainly didn’t build anyone’s confidence that the company had met its targets. Xiaomi – the company that used to post real-time updates of the numbers of phones sold during its flash sales – was suddenly shy about numbers. But that changed today, with an official Weibo post by the company, showing co-founder Lin Bin announcing the company’s stats. The post said that Xiaomi sold 70 million phones last year, and was “the country’s number one” seller – a statement that may not be completely accurate. www.techinasia.com/xiaomi-70-million-sales-stats-2015
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Post by artman1033 on Jan 15, 2016 9:12:19 GMT -8
Who was it that said apple had bought back 15% of its stock already, maybe a Horace tweet? If not for that, we have a new all time low PE
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Post by rickag on Jan 15, 2016 9:30:23 GMT -8
Oh Good Grief.
I guess the US economy is 3% less valuable today than it was yesterday, or 15% less valuable than it was last July.
What the hell is everyone putting their money in as they sell off, frigging Treasury Notes, Junk Bonds. Wall Street has been and still is broken, run by crooks and idiots.
Sorry for the rant, please carry on.
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Post by rickag on Jan 15, 2016 9:32:21 GMT -8
Some great folks here want Tim Cook to speak before the earnings call. CMG spoke this week about their current food safety problems. THIS is the result. www.chicagotribune.com/business/ct-chipotle-closing-stores-food-safety-20160114-story.htmlThe story is true.... BUT it leaves out much that was discussed by CMG. Chipotle will close Feb. 8 for companywide meeting on food safety
Chipotle Following successive food poisoning outbreaks last year, Chipotle is closing its stores for a few hours next month to talk about food safety. Chris Arnold, the company's spokesman, said the meeting would happen Feb. 8 and involve all staff. A range of issues will be covered. "We want to thank our teams for all of their hard work, to discuss some of the changes we are making to enhance food safety, to talk about the restaurants role in all of that and to answer questions from employees," he said in an email. Health officials investigated six outbreaks tied to Chipotle last year involving norovirus, E. coli and salmonella. They included one that started in October in Oregon and Washington and spread to seven other states, sickening more than 50 people by mid-November. In December, about 200 were sickened by norovirus after eating at a Chipotle in Boston. Also in December, federal health officials investigated five cases of E. coli poisoning in Kansas, North Dakota and Oklahoma. The outbreaks started in July in Seattle where health authorities tracked five illnesses to one store. In August, nearly 100 were sickened by norovirus after eating at an outlet in Simi Valley, California, and in September more than 60 fell ill in Minnesota. The company's sales slid 30 percent and its stock price plummeted nearly 40 percent. At least nine lawsuits have been filed, including one for Chris Collins, a web developer in Lake Oswego. Bill Marler, a food safety litigator in Seattle, said more suits are coming. Chipotle tweaks cooking after E. coli scare "I represent a total of 75 people, but I haven't filed all their lawsuits yet," Marler said. Chipotle hired a food safety expert, changed its food handling practices and has started testing produce before shipping to stores. Tribune Content Agency Chipotle is run by an stupid chef with absolutely no knowledge of the food industry, he will end up killing people, they should shut this fiasco down.
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Post by artman1033 on Jan 15, 2016 9:36:28 GMT -8
Some great folks here want Tim Cook to speak before the earnings call. CMG spoke this week about their current food safety problems. THIS is the result. www.chicagotribune.com/business/ct-chipotle-closing-stores-food-safety-20160114-story.htmlThe story is true.... BUT it leaves out much that was discussed by CMG. Chipotle will close Feb. 8 for companywide meeting on food safety
Chipotle Following successive food poisoning outbreaks last year, Chipotle is closing its stores for a few hours next month to talk about food safety. Chris Arnold, the company's spokesman, said the meeting would happen Feb. 8 and involve all staff. A range of issues will be covered. "We want to thank our teams for all of their hard work, to discuss some of the changes we are making to enhance food safety, to talk about the restaurants role in all of that and to answer questions from employees," he said in an email. Health officials investigated six outbreaks tied to Chipotle last year involving norovirus, E. coli and salmonella. They included one that started in October in Oregon and Washington and spread to seven other states, sickening more than 50 people by mid-November. In December, about 200 were sickened by norovirus after eating at a Chipotle in Boston. Also in December, federal health officials investigated five cases of E. coli poisoning in Kansas, North Dakota and Oklahoma. The outbreaks started in July in Seattle where health authorities tracked five illnesses to one store. In August, nearly 100 were sickened by norovirus after eating at an outlet in Simi Valley, California, and in September more than 60 fell ill in Minnesota. The company's sales slid 30 percent and its stock price plummeted nearly 40 percent. At least nine lawsuits have been filed, including one for Chris Collins, a web developer in Lake Oswego. Bill Marler, a food safety litigator in Seattle, said more suits are coming. Chipotle tweaks cooking after E. coli scare "I represent a total of 75 people, but I haven't filed all their lawsuits yet," Marler said. Chipotle hired a food safety expert, changed its food handling practices and has started testing produce before shipping to stores. Tribune Content Agency Chipotle is run by an stupid chef with absolutely not knowledge of the food industry, he will end up killing people, they should shut this fiasco down. I am a former plant manager at some USDA food companies. I tend to agree. OTOH: CMG is up!I know nothing!!!
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Post by rickag on Jan 15, 2016 10:24:20 GMT -8
..... I am a former plant manager at some USDA food companies. I tend to agree. OTOH: CMG is up!I know nothing!!! Coincidentally I have been in plant management, research & development and now QA in food manufacturing.
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Post by sponge on Jan 15, 2016 10:26:34 GMT -8
Seen this roller coaster so many times that I have lost track in the last 11 years. There is no way to use logic in explaining why the stock moves in such wild swings.
It is great for day trades and swing traders.
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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 10:47:12 GMT -8
Oh Good Grief. I guess the US economy is 3% less valuable today than it was yesterday, or 15% less valuable than it was last July. What the hell is everyone putting their money in as they sell off, frigging Treasury Notes, Junk Bonds. Wall Street has been and still is broken, run by crooks and idiots. Sorry for the rant, please carry on. My view of what's happening is Fear, Uncertainty and Doubt. A fear of what the future holds. An uncertainty about which steps they should take. And doubt of a quick solution to the problem. There are many who are watching their life investments disappear. The money to be used in retirement. Every rally will be sold off until some of the FUD is reduced in their minds. What I've just described is me. $100 may be where I cash in the chips I have left. Really wish I hadn't broken my crystal ball.
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Post by hledgard on Jan 15, 2016 10:54:56 GMT -8
CMG. What do you deduce from Xiaomi data that suggests things for Apple sales?
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Since84
Moderator
To infinity and beyond!
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Post by Since84 on Jan 15, 2016 13:12:35 GMT -8
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Post by nagrani on Jan 15, 2016 13:25:03 GMT -8
So we closed up for the week. Other than that - Mrs Lincoln - how was the rest of the play
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 15, 2016 13:25:51 GMT -8
John Gruber at Daring Fireball: TIM COOK LASHES OUT AT WHITE HOUSE OFFICIALS FOR BEING WISHY-WASHY ON ENCRYPTION ★ Jenna McLaughlin, reporting for The Intercept: Apple CEO Tim Cook lashed out at the high-level delegation of Obama administration officials who came calling on tech leaders in San Jose last week, criticizing the White House for a lack of leadership and asking the administration to issue a strong public statement defending the use of unbreakable encryption. The White House should come out and say “no backdoors,” Cook said. That would mean overruling repeated requests from FBI Director James Comey and other administration officials that tech companies build some sort of special access for law enforcement into otherwise unbreakable encryption. Technologists agree that any such measure could be exploited by others. Nick Heer, at Pixel Envy: Apple — and Tim Cook, specifically — is the only major tech company currently defending encryption against intrusive surveillance to this degree. Every other company is either open to compromise publicly, has privately compromised, or has failed to take a firm stand. This came up during last night’s Republican primary debate — not about tech companies refusing to allow backdoors in encryption systems, but about Apple specifically. Tim Cook is right, and encryption and privacy experts are all on his side, but where are the other leaders of major U.S. companies? Where is Larry Page? Satya Nadella? Mark Zuckerberg? Jack Dorsey? I hear crickets chirping. Real leaders have courage, and on this very essential issue — in the face of fierce political pushback from law enforcement officials — only Tim Cook is showing any. *** Love John, but respectfully point out that those other companies make money harvesting customer data. They don't care or want consumers to be 'secure'. Indeed, having Apple's security breached, by legislative fiat if necessary, destroys Apple's unique competitive advantage in this arena.
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Post by BillH on Jan 15, 2016 14:28:31 GMT -8
For me it's as simple as this. The moment a back door of any kind is used for US security interests you might as well kiss foreign sales goodbye. Who the hell is going to allow a trojan horse of that nature into their country? The inverse of that is this. When are all these other countries going to get a clue about this issue? iPhone should be the product of choice for governments world wide and I suspect someday it will be.
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Post by rickag on Jan 15, 2016 16:07:26 GMT -8
For me it's as simple as this. The moment a back door of any kind is used for US security interests you might as well kiss foreign sales goodbye. Who the hell is going to allow a trojan horse of that nature into their country? The inverse of that is this. When are all these other countries going to get a clue about this issue? iPhone should be the product of choice for governments world wide and I suspect someday it will be. How a Google Headhunter’s E-Mail Unraveled a Massive Net Security Hole www.wired.com/2012/10/dkim-vulnerability-widespread/That article is from 10/24/12,'hopefully Apple has fixed this, anyone know?
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Post by rickag on Jan 15, 2016 17:07:28 GMT -8
That article is from 10/24/12,'hopefully Apple has fixed this, anyone know? The point is that encryption can be hacked if someone has time and money. Yes, agreed, but still would like to know if Apple fixed this.
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Post by nathanstevens on Jan 15, 2016 17:15:32 GMT -8
John Gruber at Daring Fireball: TIM COOK LASHES OUT AT WHITE HOUSE OFFICIALS FOR BEING WISHY-WASHY ON ENCRYPTION ★ Jenna McLaughlin, reporting for The Intercept: Apple CEO Tim Cook lashed out at the high-level delegation of Obama administration officials who came calling on tech leaders in San Jose last week, criticizing the White House for a lack of leadership and asking the administration to issue a strong public statement defending the use of unbreakable encryption. The White House should come out and say “no backdoors,” Cook said. That would mean overruling repeated requests from FBI Director James Comey and other administration officials that tech companies build some sort of special access for law enforcement into otherwise unbreakable encryption. Technologists agree that any such measure could be exploited by others. Nick Heer, at Pixel Envy: Apple — and Tim Cook, specifically — is the only major tech company currently defending encryption against intrusive surveillance to this degree. Every other company is either open to compromise publicly, has privately compromised, or has failed to take a firm stand. This came up during last night’s Republican primary debate — not about tech companies refusing to allow backdoors in encryption systems, but about Apple specifically. Tim Cook is right, and encryption and privacy experts are all on his side, but where are the other leaders of major U.S. companies? Where is Larry Page? Satya Nadella? Mark Zuckerberg? Jack Dorsey? I hear crickets chirping. Real leaders have courage, and on this very essential issue — in the face of fierce political pushback from law enforcement officials — only Tim Cook is showing any. *** Love John, but respectfully point out that those other companies make money harvesting customer data. They don't care or want consumers to be 'secure'. Indeed, having Apple's security breached, by legislative fiat if necessary, destroys Apple's unique competitive advantage in this arena. I suspect people will become increasingly concerned about security and encryption as their phones become more connected to the real world. Messages are one thing. Credit cards, house keys, car keys, passports, lights, coffee makers, webcams, etc. take the importance of encryption to another level. Apple seems to understand this.
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Post by deasys on Jan 15, 2016 17:45:34 GMT -8
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 15, 2016 18:40:51 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. Bill I know car talk had nothing to do with the week we just had.....but still
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