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Post by deasys on Jan 20, 2016 14:59:26 GMT -8
Other than force-touch, I'm hard pressed to remember what the 6s has that the 6 doesn't? This will help: The only thing that's changed is everything
Apple could help itself here by abandoning that stupid N-Ns product cycle naming policy.
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Post by sponge on Jan 20, 2016 16:12:23 GMT -8
Other than force-touch, I'm hard pressed to remember what the 6s has that the 6 doesn't? This will help: The only thing that's changed is everything
Apple could help itself here by abandoning that stupid N-Ns product cycle naming policy. They have no choice when the phone looks the same.
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Post by chasmac on Jan 20, 2016 17:02:37 GMT -8
Just as a thought exercise, if Apple had no dividend or buyback program, they'd have about $400B in cash at this moment. Current market cap is $518B. Would they be trading at 1.3x cash? Or 0.5x revenue ex-cash? It seemed like a good idea at the time, but I don't what to think anymore. That's what I've been saying. Buyback has been a waste - made the street value the cash on hand less, not more. What if the stock price was $70 if not for all the buying that Apple did? We don't know where it would be...
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Post by sponge on Jan 20, 2016 19:09:09 GMT -8
Just got back from the VG Apple Store. Bought the ecobee thermostat.
The employee helping me get a back after using my Apple Pay, indicated 6S sales are doing well along with Apple Watches.
Saw a few watches being tried on.
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Post by archibaldtuttle on Jan 20, 2016 21:12:35 GMT -8
That's what I've been saying. Buyback has been a waste - made the street value the cash on hand less, not more. What if the stock price was $70 if not for all the buying that Apple did? We don't know where it would be... What-if's like this don't make any sense unless you think Apple would be priced below their cash on hand. As a previous poster noted, if there had been no buybacks Apple would have about 400 billion in cash on hand. At a price of 70, Apple's market cap would be about 400 billion. There's no way, even with market negativity, that Apple would be priced less than their cash on hand. And their cash pile would keep growing, building a floor beneath the stock. That's why I think keeping their cash would have been a better move than big buybacks. With big buybacks, they throw the cash out of the boat to the hungry investor sharks who are constantly circling. And then the sharks just want more.
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Post by deasys on Jan 20, 2016 23:37:42 GMT -8
They have no choice when the phone looks the same. I don't think Apple's product naming scheme should be determined solely by a superficial characteristic.
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Jan 21, 2016 2:09:00 GMT -8
We are trying to muster some sort of a reversal. I agree with Rezonate regarding old iPhones in use. Have been seeing quite a few and those I talk to love their 5's and don't see a reason to upgrade. . I actually went from a 3GS to currently using a 3G... it's kinda weird as I have the latest iPad, the latest iPad Pro with Pencil and fairly wiz bang retina iMac....etc etc For me a phone is a phone. And I like being able to pocket my phone. I find far more utility in an iPad. Have to say the Pencil combined with air drop is freakin awesome. In fact airdrop is one of those Steve Jobs 'like magic' things.
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Post by rickag on Jan 21, 2016 4:51:51 GMT -8
What if the stock price was $70 if not for all the buying that Apple did? We don't know where it would be... What-if's like this don't make any sense unless you think Apple would be priced below their cash on hand. As a previous poster noted, if there had been no buybacks Apple would have about 400 billion in cash on hand. At a price of 70, Apple's market cap would be about 400 billion. There's no way, even with market negativity, that Apple would be priced less than their cash on hand. And their cash pile would keep growing, building a floor beneath the stock. That's why I think keeping their cash would have been a better move than big buybacks. With big buybacks, they throw the cash out of the boat to the hungry investor sharks who are constantly circling. And then the sharks just want more. Point well taken, and your scenario is eerily similar to when I first purchased AAPL. AAPL was trading @ ~$13/share, had a market cap ~ $12 billion and ~$12 -$13 billion in cash & cash equivalents. Rumors were running rampant that Apple would be bought by Sony or Sun Microsystems. I argued with my broker and ended up buying 500 shares but AAPL had already increased to ~ $19/share. I wanted to buy 2500 shares but my broker's fear mongering lowered that to the 500 I bought. If I had bought the 2500 shares without dividend reinvesting that would now have been 70,000 shares and I would not be driving a 2010 Ford Focus I bought used - I would be driving a fully loaded brand new Ford Focus, and yea I am a tight wad.
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