Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,096
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Post by Dave on Jan 29, 2020 3:59:57 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,096
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Post by Dave on Jan 29, 2020 4:19:33 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,096
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Post by Dave on Jan 29, 2020 4:37:57 GMT -8
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coma
Member
Posts: 522
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Post by coma on Jan 29, 2020 5:10:52 GMT -8
I remember Dawntrader from way back.
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Post by lulli on Jan 29, 2020 5:18:02 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,096
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Post by Dave on Jan 29, 2020 5:37:55 GMT -8
Yes, this is old news but still very critical to those concerned about protecting your data. It may be time to go back to saving your data locally.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jan 29, 2020 6:24:12 GMT -8
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Post by artman1033 on Jan 29, 2020 6:34:16 GMT -8
AAPL ALL TIME HIGH! $327.85 All Time Highest TODAY intraday
updated at close (3 PM CENTRAL)
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jan 29, 2020 6:51:21 GMT -8
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ems
Member
Posts: 97
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Post by ems on Jan 29, 2020 7:10:44 GMT -8
encrypted local backups for iOS devices has always been the best solution anyway. I don't bother with iCloud for much of anything, and certainly not backups. I keep iTunes 12.5.6.3 running as well so I can back up apps locally also. It's always safer/more secure when you are locally in control of everything. That said, it would be nice if Apple reverses and does offer end-to-end encrypted iCloud backups.
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4aapl
Moderator
Posts: 3,625
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Post by 4aapl on Jan 29, 2020 7:18:45 GMT -8
Maybe it’s just the places I go and the people I hang around with, but it sure seems like almost everybody I see has an iPhone. I think that's the key. iPhones have critical mass in many places, and sometimes even the majority. But where don't they? And is that something Apple can or should try to change? I'm sure there are pockets here in the US that don't have as many iPhones, though it would be interesting to see if these have more to do with age, location, job type, ethnicity, religion, relative financial status, or something else. And then there's other countries, making up a huge population of the world, but only an additional 61% of Apple's overall sales. It was interesting to me to walk into an Orange store in Paris, a cell service company. They tried to mimic the Apple store across the street, but there was a bottleneck at the entrance, where one director/security guard was setting up appointments with the department you wanted to go to. There were tables and tables of smart phones, along with accessories and such. But I didn't realize that there are many cheap (down to $100....this was all in Euros and it's been a few months so I don't remember the quantity) smart phones. Like a car dealer I'm sure they try to up-sell you, but these cheap unsubsidized smart phones where available. Just like they are on the shelf, or behind a glass cabinet, at Target or Walmart, often in the prepaid cellular area. It was just the quantity that amazed me. Anyways, it would be interesting to me to know where these pockets of resistance are, like in what segments the iPhone has less than a 20% marketshare, and if that segment is worthwhile to go after. If the lower cost iPhones do come out, maybe we'll hear a bit about this, or at least the targeted areas. Nice move up AAPL, even if it's backed off a bit for the moment. The weekly option OI looks modest, but often these "move on news" follows the path of a big move, pulling back a bit, and then moving on up with strength. Hence my guess at the stock reaching 330-331...within a week if no major market drag. OTOH, "The Great Humiliator" likes to be unpredictable, and strike down predictions just when you thought you had a grasp on the path. Thanks Apple
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4aapl
Moderator
Posts: 3,625
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Post by 4aapl on Jan 29, 2020 8:19:06 GMT -8
I feel like I was just saying that I like these days where the stock is up 9 points more than the days where it's down 9.
Chain a few of them together, and the stock really goes places.
It will be interesting to see the path the stock takes in the coming week.
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Post by aaplcrazie on Jan 29, 2020 8:26:08 GMT -8
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4aapl
Moderator
Posts: 3,625
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Post by 4aapl on Jan 29, 2020 8:39:28 GMT -8
And you know people will buy it all, partly because everyone knows that Apple puts time and effort into designing it right and making sure it works well. EDIT: There's even a comment to the article: "Still we wait.... Tag, disc, whatever... Take my money already... !" OTOH, it's sure going to suck to have to replace that Kitchen Sink every few years, when the integrated battery powered faucet and garbage disposal stop working.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 29, 2020 9:14:50 GMT -8
encrypted local backups for iOS devices has always been the best solution anyway. I don't bother with iCloud for much of anything, and certainly not backups. I keep iTunes 12.5.6.3 running as well so I can back up apps locally also. It's always safer/more secure when you are locally in control of everything. That said, it would be nice if Apple reverses and does offer end-to-end encrypted iCloud backups. Except that iCloud is a part of services revenue, and as stockholders we should want to use Apple products and services. If we don't approve of an Apple service, how can we expect regular customers to sign up for it? I've already stopped backing up on iCloud and I'm going to cancel it. I also e-mailed Tim about it. I hope everyone here will do so as well.
*** Wow Toni Sackof$#!t is really an idiot. He just said on CNBC,
"but if everyone buys an iPhone now, what about next year?"
And "last year, nobody bought the iPhone."
Man, the stupid burns. Biggest quarter in the history of business yesterday and he's complaining about Cindy Crawford's mole.
***
On more positive fronts, gotta love a day when, by the time I come on the board, Artman's ATH numbers are already obsolete!
To the moon!
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,096
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Post by Dave on Jan 29, 2020 9:40:22 GMT -8
I like the comment from M-Life:
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,096
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Post by Dave on Jan 29, 2020 9:47:46 GMT -8
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Post by silkstone on Jan 29, 2020 10:18:44 GMT -8
Another one bites the dust. Tony Sacadonuts is next, he’s trying like hell to bring it down so his bosses can jump in there and buy it up. Good luck on the timing Tony.
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Post by Luckychoices on Jan 29, 2020 10:41:50 GMT -8
Interesting summary. Summary
Apple TV+ is just getting started and has a very promising future ahead.
Apple's Services break record results.
Why Apple's stock is a bargain opportunity despite being the biggest company on the planet.
Netflix's day of reckoning is closer than ever before. Apple: TV+ Underpriced, Netflix CautionEDIT: I just noticed a comment in this article by amateurinvestor123 and this part of it struck a cord: Apple, which is primarily a hardware and software manufacturer, is not going to just swoop in knock Netflix off its perch so quickly.I'm not at all saying the statement is incorrect but it did bring to mind this 2006 quote from Palm CEO Ed Colligan about Apple releasing a phone: “We’ve learned and struggled for a few years here figuring out how to make a decent phone,” he said. “PC guys are not going to just figure this out. They’re not going to just walk in.”
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4aapl
Moderator
Posts: 3,625
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Post by 4aapl on Jan 29, 2020 10:54:55 GMT -8
The 10-Q is available from Apple at investor.apple.com s2.q4cdn.com/470004039/files/doc_financials/2020/q1/_10-Q-Q1-2020-(As-Filed).pdfIt includes little tidbits, like the Mine Safety Disclosures. And that Apple bought back 70,366,xxx shares last quarter, has $58.9B left in it's normal buyback plan, and paid out $10B in November to have someone buy back shares before the end of that program in May 2020. On gross margins, it was 38.4%, but products was 34.2% while services was a lofty 64.4%. Nice! I thought Apple said all regions were up? Japan was down, YOY. I was looking for the official 12 month EPS number. Maybe that's only in the year-end one? Or it's in another form. Simple addition yields $12.66. Using the same 4 cent advantage from last Q, I'd expect the continued buybacks give a trailing EPS number of $12.70 Enjoy!
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4aapl
Moderator
Posts: 3,625
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Post by 4aapl on Jan 29, 2020 11:14:57 GMT -8
I just noticed a comment in this article by amateurinvestor123 and this part of it struck a cord: Apple, which is primarily a hardware and software manufacturer, is not going to just swoop in knock Netflix off its perch so quickly.I'm not at all saying the statement is incorrect but it did bring to mind this 2006 quote from Palm CEO Ed Colligan about Apple releasing a phone: “We’ve learned and struggled for a few years here figuring out how to make a decent phone,” he said. “PC guys are not going to just figure this out. They’re not going to just walk in.”I feel this area is a little different. It's all about content. Whereas Netflix is such a model that they don't actually need their own content, AppleTV+ is only serving their own content. I'd feel much better about it if Apple partnered up with a few places, TV or movie studios, to have their content. Apple doesn't need to buy out the collections. Instead, it would be a way to watch lots of different content, just as most of the competitors do. Maybe that yields to Apple charging a little more for non-Apple owned content streaming, like $10/month. But starting from scratch, with only the new content you created, it tough. That would be like starting up a competitor to CNN, with only a handful of writers, as opposed to Apple News where you're harnessing the masses. I would have liked to see Apple partner up with Disney, but they started their own service. But even that isn't perfect. We're trying it out for at least a month, and it's shocking to me that the kids are picking 30-50 year old movies to watch, instead of recent stuff. OTOH, I missed a couple from the Star War series that came out in the past 20 years, so watched them (VII and VIII), the add-ons (Rouge One), and the Mandalorian series. But Solo or IX? Well, IX is only a month out, so it's not even in the cheap theaters, so it makes sense that it's not yet available. (But not even a placeholder, saying it's in the theaters, or possibly giving a date). But Solo? It shows it, but says something about it being locked up with a different distributor. Instead, my library had it, so I watched it last night. Now what? Personally, Pixar films are some of the only ones I enjoy rewatching, but I own most of those. Even with a catalog as big as Disney's, I'm not sure what I really want to watch. The kids will find something, at least for a while, but what is the driving force to continue the subscription. Apple's catalog is a lot smaller. I hope they join forces. I'd much rather they shared some of the income in that area, than got too sidetracked in the side project of a hobby. Focus! Practice saying No.
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Post by duckpins on Jan 29, 2020 12:27:14 GMT -8
"I feel this area is a little different. It's all about content. Whereas Netflix is such a model that they don't actually need their own content, AppleTV+ is only serving their own content."
If Apple is serious about this streaming nonsense they should just buy Netflix for 200 million. Apple can buy them for 1.1 shares of Apple stock. This is a 10 percent premium over their price today. The stock would be diluted and might go down short term, but then the buy backs would be more powerful. I have Netflix and don't find it that great. I like a few of there homegrown shows but most of their stuff is slow. They take so much time to tell the story to fill up episodes. The Irishman which they got a lot of praise for was just that. They wasted at least a half an hour to an hour. Nonetheless with Ozark and a few others like OA or Better than us, they have some things that are compelling. The thing that annoys me most about Netflix is they will offer something like Girl with the Dragon Tattoo for a while and then it is gone.
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Ted
fire starter
Posts: 882
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Post by Ted on Jan 29, 2020 12:45:03 GMT -8
I found this little tidbit interesting, from appleinsider.com/articles/20/01/29/examining-apples-record-setting-918b-holiday-quarter-by-the-numbers" The quarter is Apple's 13th quarter in a row where it saw YoY growth for the Americas." Just reinforces my own daily observations that Apple continues to insert itself ever more deeply into our lives. I see Apple wearables now everywhere, and on people that I wouldn't ever think would embrace expensive tech gadgets. It's almost as if each new polished product in the Apple ecosystem, hardware, software or service, gives everyone more to buy, buy, buy. Happy ATH Day.
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Post by artman1033 on Jan 29, 2020 13:24:11 GMT -8
AAPL ALL TIME HIGH!$327.85All Time Highest TODAY intraday 51,090,508
shares traded today AAPL ALL TIME HIGHEST CLOSE!$324.34aaplinvestors.net/stats/rank/AAPL market CAP. +1.420 TRILLION AAPL ALL TIME HIGH market CAP. +1.420 TRILLION TODAY +$1.420 TRILLION
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Post by phoebear611 on Jan 29, 2020 14:17:55 GMT -8
Just read thru all the comments and I have to hand the award to JDSoCal on his comments wrt Cindy Crawford's mole. I literally laughed out loud. Your wit gets sharper and sharper! Love it!
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jan 29, 2020 14:41:09 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 29, 2020 14:51:34 GMT -8
Gene Munster recently said that it's analysts' job to be relevant, not accurate. Last night I think CNBC just called the usual suspects, and asked anyone who wants to come on and be an Apple bear, we have a seat for you tomorrow morning. Toni said, "I'll come on." So this morning, his take was that AAPL was already oversold and the good news is baked into the price. "Look at this price action, Apple beats and the stock is only up a few dollars." But I guarantee you that if AAPL popped like TSLA did today (for earning in a year what Apple earns in a week), Sackoshit would have said "OMG parabolic!" But CNBC wanted a bear, and Sack wanted to be relevant, so he was going to excrete bear shit no matter what. Yesterday I had to turn off CNBC when the refrain was 180 degrees from what the mantra was before; Apple is a one-trick pony, all iPhone. But now it's, "this beat is all iPhone, where's the services revenue?!?!" They're all idjuts. This morning, Wapner's CNBC braintrust were all talking up MSFT over AAPL, due to better growth. Not one of the bozos even mentioned that Microsoft has been coming back from an existential disruption of its business model, i.e., operating systems and applications for personal computers, and they have had to redirect their business to survive. And Apple caused that disruption. I would say that MSFT is effectively monetizing cloud, then Apple sure as hell better be doing so. And if I am perturbed with iCloud as a service, that isn't good.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jan 29, 2020 15:05:36 GMT -8
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mark
fire starter
Posts: 1,552
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Post by mark on Jan 29, 2020 15:11:06 GMT -8
I thought Apple said all regions were up? Japan was down, YOY. Hmmm, maybe "Japan" isn't a region. They describe their regions as: - the Americas
- Europe
- Greater China
- Japan and Rest of Asia Pacific
"Rest of Asia Pacific includes Australia and those Asian countries not included in the Company’s other reportable segments"
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4aapl
Moderator
Posts: 3,625
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Post by 4aapl on Jan 29, 2020 15:14:19 GMT -8
What does Netflix have, or do, that Apple wants? A few months ago JD pointed out that really, Apple would just want content deals for the non-Netflix content that Netflix has available. They don't actually own the content. So why not cut out the middle man and make an agreement with the content owner, instead of buying Netflix? Buying out Netflix would give the current subscribers, and the current content deals. Theoretically both are extremely flexible. At the same time, often things aren't very fluid. So it all depends. If Apple can't set up the content deals on their own, especially if the owners are worried and trying to limit it from Apple due to the perceived over-power given to Apple with music in the past, then that's a whole different kettle of fish. There's not much point of buying Netflix, and the deals, if when the deals come up to be renewed, the owners are outlandish in their demands. OTOH, if Netflix was gone, what choice would they have. Amazon Prime? They are a contender, but it amazes us how many movies are available there, and then aren't. But maybe that's a lot of kids movies, some of which might be under the Disney umbrella and so got yanked. Anyways, JD's previous comments just got me thinking that there's no point in buying Netflix. Instead, set up the content deals, and give them some competition. If paying decently, what content owner wouldn't want to be available from multiple services?
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