Tech executives breathed a sigh of relief when executives at Foxconn Technology Co. 2354, said the company’s factories in China would be running at their normal pace by the end of March, if the novel coronavirus epidemic does not worsen. That statement from the manufacturer of Apple Inc.’s AAPL, +7.20% iPhones , of course, contains a big if. But hopes are now high that as the epidemic slows in its Chinese epicenter, a seriously disastrous impact on the global technology supply chain has been avoided so far.
Right now, companies in different parts of the supply chain are predicting that problems in the first quarter could still leak into the second quarter. If things go as planned, investors should expect that most of that revenue will just move to a back-loaded second half.
WASHINGTON, March 10 (Reuters) - A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor.
In a letter to Commerce Secretary Wilbur Ross, Democratic Senator Bob Menendez said recent reports indicated a wide array of U.S. companies, including Apple, Kraft Heinz , Coca-Cola, and the Gap, had sourced, or continued to source, goods from Xinjiang.
That would be me. Let's just say that if AppleTV comes out with a newly redesigned remote then I will replace both of my AppleTV's. I voted for a major redesign in the poll, as did the majority of the people surveyed. Few wanted to keep the current design.
Apple TV. Consider biting the bullet and buying Netflix. Everyone likes that brand. Disney already has at least 2 streaming competitions to Netflix. Soon they will have a sports app. That would really cut into cable because basically if you like live sports that's cables biggest draw. ESPN seems to have everything but hockey locked up.
I think you either go with the big dog or just keep it simple and let Apple tv stream from stuff saved on the computer. Pretty soon there will be as many streaming channels as cable stations. Long time ago I thought Apple should fill the store with free movies and songs that they could either acquire or that were out of copyright. That would keep people in their system.
I think these streaming business are getting like the driverless cars, every tech company wants one. Nobody else wants them.
While you two keep daring each other, I dished out 45,000 more today. A total of ~ 450K so far.
What did you buy today?
When the S&P was touching the low of 2713 or so, I was checking at what closing prices would be considered a bear market, and was ready to buy another small chunk, equal to what I bought 2 days ago.
Once there is a good feeling on the range of the dip, one can place longer term investments on it. That's not to say it won't go lower, as of course on this, like any big thing, there are unknowns.
We'll see. Things can get worse, in the markets or with the virus. Some portion of this is likely an overreaction, but like any black swan event, the issue is the unknowns, and the fear of how bad it could get.
If a couple countries found their cases declining, and things getting back to normal, the market would start to come around. OTOH, I still think the country, and even all of mankind, could make a big dent in this and other virus and sickness transmission by convincing people to improve their ways, by washing hands more often, minimizing touching their face, and staying home when they are sick.
I just heard from the wife of a FedEx pilot this morning that when he flew into Japan, they took his temperature every time he tried to go somewhere. Like to the hotel lobby. Or back up the elevator. It might not be a 100% solution, but how much of a dent in transmissions do you have to make, to make a dent in its spreading?
People are people, and the fear of the unknown will get to them. Facemasks, hand sanitizer, and TP are used and bought so they feel they have some control, and have done what they can do. We'll see what is said tonight, but a mix of some preventative steps to slow down the spreading, and some uplifting stats if some can be used, should help calm the nerves.
Keep calm, and carry on....but work on some minor changes to slow and control the virus.
We have the choice to build this board up, or tear it down. Make the right choice, or don't post here.
To All: Please remember to keep non-Apple SPECIFIC political stuff out of the daily thread. Post it over in the Dungeon, if you really want to discuss it with others on the AAPL Finance Board.
8-24-20 I give a 40+% probability on 15% annualized returns for the next 2 years. For Sept expirations, using today's $503, that's roughly $585 for Sept '21, $675 for Sept '22
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5