Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jul 26, 2016 2:02:03 GMT -8
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Jul 26, 2016 3:19:36 GMT -8
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Post by rickag on Jul 26, 2016 5:06:32 GMT -8
Since84 thanks for starting these threads.
Earning's Day, may the numbers and guidance be good.
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Post by mace on Jul 26, 2016 7:12:06 GMT -8
I got the sense that many long term investors are giving up on AAPL. The sideways since 2012 takes its toll. Rising tensions between USA and China, plus Apple's inability to articulate doesn't help. I think Apple should either spinoffs something or do a re-organization like Alphabet... speaking from an armchair. Elon Musk spells out a wannabe Master Plan, Part Deux, and many people go hysterical and very impressed, power of communication is something missing from Apple.
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Post by merenkov on Jul 26, 2016 7:29:28 GMT -8
Since replacing AT&T in the DOW in March of 2015, Apple is down 22.4% and AT&T is up 38.4% (per the MarketWatch chart of the day). This is all you really need to know about the stock market.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Jul 26, 2016 7:44:32 GMT -8
Elon Musk spells out a wannabe Master Plan, Part Deux, and many people go hysterical and very impressed, power of communication is something missing from Apple. When has Apple ever done this? I wouldn't hold my breath. Their "no product before its time" approach is obviously stressful for anyone with a shorter investment horizon, but I really don't see them changing their approach. However, I do find your comparison interesting. Elon is very good at supporting the price of his stock with aggressive promises, but execution on a financial level has been less impressive. Meanwhile, Apple gets no respect while hauling in money hand over fist. Cue Sly..."Different strokes, for different folks, and so on and so on, and shooby-dooby-dooby."
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jul 26, 2016 7:44:50 GMT -8
Unfortunately, Snowden is right on this one. Our intelligence agencies can turn on any phone remotely at any time and listen. They have had this capability for years. I wish I could tell you how I know this, but I cannot.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Jul 26, 2016 8:52:14 GMT -8
"Apple's problem is that it has no new products. The iPhone is now nine years old, there's been nothing new since then. Yeah they made it bigger, they made it smaller, they added some new processors and so on but that's their last product," he said.
Carnegie Mellon's College of Engineering Professor Vivek Wadhwa told CNBC's Jon Fortt on "Squawk Alley" Tuesday
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Post by rickag on Jul 26, 2016 9:12:11 GMT -8
Unfortunately, Snowden is right on this one. Our intelligence agencies can turn on any phone remotely at any time and listen. They have had this capability for years. I wish I could tell you how I know this, but I cannot. I trust you, so I have to believe this capability is different than being able to unlock an iPhone.
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Post by mace on Jul 26, 2016 9:38:00 GMT -8
...Their "no product before its time" approach is obviously stressful for anyone with a shorter investment horizon, but I really don't see them changing their approach... From 2012 (peak $93) to now (about $97) is about four years, is shorter than since 1997 but for all purposes and intents is sufficiently long.
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Post by mace on Jul 26, 2016 9:41:13 GMT -8
"Apple's problem is that it has no new products. The iPhone is now nine years old, there's been nothing new since then. Yeah they made it bigger, they made it smaller, they added some new processors and so on but that's their last product," he said. Carnegie Mellon's College of Engineering Professor Vivek Wadhwa told CNBC's Jon Fortt on "Squawk Alley" Tuesday If this is representative of US premier colleges, should tell the world not to come here for higher education.
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Post by tuffett on Jul 26, 2016 10:01:02 GMT -8
Elon Musk spells out a wannabe Master Plan, Part Deux, and many people go hysterical and very impressed, power of communication is something missing from Apple. When has Apple ever done this? I wouldn't hold my breath. Their "no product before its time" approach is obviously stressful for anyone with a shorter investment horizon, but I really don't see them changing their approach. However, I do find your comparison interesting. Elon is very good at supporting the price of his stock with aggressive promises, but execution on a financial level has been less impressive. Meanwhile, Apple gets no respect while hauling in money hand over fist. Cue Sly..."Different strokes, for different folks, and so on and so on, and shooby-dooby-dooby." But why does it have to be one or the other? Apple has the hard part down - making gobs of money hand over fist. Why not do the easy part and open up a little? It's not like anything they come out with isn't going to get copied regardless of what they do.
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Post by hledgard on Jul 26, 2016 10:27:14 GMT -8
"Apple's problem is that it has no new products. The iPhone is now nine years old, there's been nothing new since then. Yeah they made it bigger, they made it smaller, they added some new processors and so on but that's their last product," he said. Carnegie Mellon's College of Engineering Professor Vivek Wadhwa told CNBC's Jon Fortt on "Squawk Alley" Tuesday If this is representative of US premier colleges, should tell the world not to come here for higher education. I agree. The iPhone is not just another "product". It is "it", like a car is "it". We won't replace cars or smartphones for a long time.
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Post by mace on Jul 26, 2016 10:30:28 GMT -8
When has Apple ever done this? I wouldn't hold my breath. Their "no product before its time" approach is obviously stressful for anyone with a shorter investment horizon, but I really don't see them changing their approach. However, I do find your comparison interesting. Elon is very good at supporting the price of his stock with aggressive promises, but execution on a financial level has been less impressive. Meanwhile, Apple gets no respect while hauling in money hand over fist. Cue Sly..."Different strokes, for different folks, and so on and so on, and shooby-dooby-dooby." But why does it have to be one or the other? Apple has the hard part down - making gobs of money hand over fist. Why not do the easy part and open up a little? It's not like anything they come out with isn't going to get copied regardless of what they do. Risk of Osborne effect. But I think can tell more about project Titan... too secret for no good reason. Everybody is in it. If it is still undecided, just say still undecided. Secrecy for secrecy sake is bad.
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Post by Luckychoices on Jul 26, 2016 11:01:55 GMT -8
"Apple's problem is that it has no new products. The iPhone is now nine years old, there's been nothing new since then. Yeah they made it bigger, they made it smaller, they added some new processors and so on but that's their last product," he said. Carnegie Mellon's College of Engineering Professor Vivek Wadhwa told CNBC's Jon Fortt on "Squawk Alley" Tuesday I don't believe for a minute that the expression, "Those who can, do; those who can't, teach", is true in all, or even most, circumstances_ but I do wonder upon what experience or expertise he bases that statement. Perhaps because he'll now be less than 10 miles from Apple Headquarters, he feels qualified to weigh in on the company that, according to far too many tech pundits, can no longer innovate. Note: What the hell is a thought leader, anyway? I don't think they had those when I was in school back in the stone age . Vivek Wadhwa joins Carnegie Mellon Silicon Valley SILICON VALLEY – Carnegie Mellon University’s College of Engineering announced that Vivek Wadhwa has joined its faculty as Distinguished Fellow at the university’s Silicon Valley campus. Vivek will be teaching courses in exponential technologies, technology convergence and industry disruption, and the new rules of innovation. He will also be working with CMU students and faculty to research the policy, law, and ethics issues of these technologies. Vivek is a thought leader about technology innovation and the Silicon Valley ecosystem,” said Jonathan Cagan, Associate Dean for Strategic Initiatives for the College of Engineering. “We are excited to welcome Vivek to our campus and support his exploration of the impact of technology on society.” Carnegie Mellon’s Silicon Valley offers unique graduate programs in software management, software engineering, electrical and computer engineering, and venture creation that connect deeply to Silicon Valley enterprise companies and start ups. Research in cyber physical systems, wireless systems, connected vehicles and drones, security and privacy, and data analytics and machine learning contribute fundamental and actively applied knowledge, producing successful spin off startups along the way. Education in entrepreneurship connects local and Pittsburgh students to the Silicon Valley ecosystem. Wadhwa will also be developing a new seminar series that connects Silicon Valley’s innovators with the university’s global faculty, further bridging its Silicon Valley and Pittsburgh campuses. en.wikipedia.org/wiki/Vivek_Wadhwa
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Post by The Big Toe on Jul 26, 2016 11:25:36 GMT -8
[ Note: What the hell is a thought leader, anyway? I don't think they had those when I was in school back in the stone age . [/i] When a group of people get together and discuss "You know what would be really cool..." The Thought Leader is the one who passed out the drugs and/or alcohol to help with the free think'n. He/She is also the one that stops the "We should open our own bar!" conversations and gets them back on track. en.wikipedia.org/wiki/Vivek_Wadhwa[/quote]
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Jul 26, 2016 11:56:19 GMT -8
Unfortunately, Snowden is right on this one. Our intelligence agencies can turn on any phone remotely at any time and listen. They have had this capability for years. I wish I could tell you how I know this, but I cannot. I trust you, so I have to believe this capability is different than being able to unlock an iPhone. I know the Gov can access a microphone into one's iPhone, computer, or home phone. They've been able to do it all along. It's now legal to do it without a special court order, thanx to Ter'ist paranoia legislation but what I'm really trying to say is.. I just CAN'T STAND people that try and convince me that space aliens are real. There are only 2 kinds of people that will try to convince you that space aliens are real... Gov DisInfo Operatives or People who have done waaaay to much Acid. The reason the Gov wants to convince you that space aliens are real is to cover for their top secret air craft development programs and a secret fleet of super air/space craft that make the jets/rockets we use look like hot air balloons. Now THAT I do know is real. I live in NV and have worked with some former high energy physisists who had worked with/developed gov aerospace technologies.
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Post by tuffett on Jul 26, 2016 12:00:40 GMT -8
Stock traded today like it's going to tank.
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Post by tuffett on Jul 26, 2016 12:13:23 GMT -8
Fear not everyone, Apple just bought Carpool Karaoke. This will surely take the sting off earnings.
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Post by dreamRaj on Jul 26, 2016 12:19:09 GMT -8
Stock traded today like it's going to tank. That's the sad part about yesterday and today. Now, even if the numbers are decent to good, we'll "rise" to 100, where we were last week. OTOH, we see 80s again. My biggest fear is another horrible guidance. There certainly are other big fears like the iPhone 7 in reality turns out to be an iPhone 6"SE" generating lukewarm sales and also that the flagship holiday quarter being not too good. But for the near-term, a horrible guidance today will pretty much kill the stock's ability to get back on its feet for a long time.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,183
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Post by JDSoCal on Jul 26, 2016 12:25:20 GMT -8
I'm as nervous as an illegal alien at a Trump rally. 😱
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Post by dreamRaj on Jul 26, 2016 12:26:48 GMT -8
The bright side for me is that I'm not so nervous coz we've been beaten down so badly so many times and one more blow will be nothing new. Kinda indifferent. Any rise, or even status quo, will be a bonus.
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Post by dreamRaj on Jul 26, 2016 12:30:35 GMT -8
niice
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Post by artman1033 on Jul 26, 2016 12:32:13 GMT -8
www.apple.com/pr/library/2016/07/26Apple-Reports-Third-Quarter-Results.htmlApple Reports Third Quarter Results Services Revenue Grows 19% as App Store Hits All-Time Record CUPERTINO, California — July 26, 2016 — Apple® today announced financial results for its fiscal 2016 third quarter ended June 25, 2016. The Company posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted share. These results compare to revenue of $49.6 billion and net income of $10.7 billion, or $1.85 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 39.7 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue. “We are pleased to report third quarter results that reflect stronger customer demand and business performance than we anticipated at the start of the quarter,” said Tim Cook, Apple’s CEO. “We had a very successful launch of iPhone SE and we’re thrilled by customers’ and developers’ response to software and services we previewed at WWDC in June.” “Our Services business grew 19 percent year-over-year and App Store revenue was the highest ever, as our installed base continued to grow and transacting customers hit an all-time record,” said Luca Maestri, Apple’s CFO. “We returned over $13 billion to investors through share repurchases and dividends, and we have now completed almost $177 billion of our $250 billion capital return program.” Apple is providing the following guidance for its fiscal 2016 fourth quarter: revenue between $45.5 billion and $47.5 billion gross margin between 37.5 percent and 38 percent operating expenses between $6.05 billion and $6.15 billion other income/(expense) of $350 million tax rate of 25.5 percent Apple’s board of directors has declared a cash dividend of $.57 per share of the Company’s common stock. The dividend is payable on August 11, 2016 to shareholders of record as of the close of business on August 8, 2016.
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Post by osx10 on Jul 26, 2016 12:40:25 GMT -8
Maybe CNBC can get Collin Gillis back on today - Although Ross Gerber might be his equal in cluelessness...
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Post by dreamRaj on Jul 26, 2016 12:41:09 GMT -8
Slight to good beat on all numbers. The guidance which I was wishing not to be horrible is also not bad, higher than the 45.9 bln FactSet estimate.
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Post by archibaldtuttle on Jul 26, 2016 12:43:21 GMT -8
Maybe today's the day WS realizes Apple is not on its deathbed.
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Post by firestorm on Jul 26, 2016 12:43:41 GMT -8
I'm as nervous as an illegal alien at a Trump rally. 😱 Don't worry for him, he works for Trump.
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Post by artman1033 on Jul 26, 2016 12:47:45 GMT -8
iPhone ASP this last quarter =$596.15
iPhone ASP JANUARY-MARCH quarter=$641.18
WOW
They are selling a lot of the new SE iPhone.
(as always, please check my math)
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Post by dreamRaj on Jul 26, 2016 12:52:51 GMT -8
Exiting!! This and any surprise feature in the iPhone 7 should help in pushing us up to 110 by September. Rumor of a second gen Apple Watch turning true will only help.
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