chinacat
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AAPL Long since 2006
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Post by chinacat on Apr 7, 2020 20:32:10 GMT -8
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Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
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Post by Dave on Apr 8, 2020 3:39:18 GMT -8
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4aapl
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Post by 4aapl on Apr 8, 2020 6:27:23 GMT -8
That is pretty amazing! While those are the sort of numbers I see and hear about at our public schools, where there are some higher earning families, but the over 50% hispanic mix come mostly from families with jobs where you wouldn't expect them to be hitting high in the salary range. There are a few more non-iPhones in the parent mix (it's easy to see at an elementary school performance, with so many putting their phones in the air to take pictures or video....easy polling), but it's still surprisingly low. OTOH, we have a friend making slightly over minimum wage at the grocery store, and she has an iPhone 7+, bought when it was the latest and greatest. Our school is such a small sample size, though it does have the very higher end household income families pulled off to a few private schools. I would be curious the mix down at some schools in Reno. There's times where Apple's price seems like it would be much too much, but both on the iPhone lines, the iPad lines, and the MacBook lines, there are some options that are more affordable, while also having the much more expensive ones available for those that don't care about the price, or feel it is well worth it given their usage.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,099
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Post by Dave on Apr 8, 2020 6:43:14 GMT -8
That is pretty amazing! While those are the sort of numbers I see and hear about at our public schools, where there are some higher earning families, but the over 50% hispanic mix come mostly from families with jobs where you wouldn't expect them to be hitting high in the salary range. There are a few more non-iPhones in the parent mix (it's easy to see at an elementary school performance, with so many putting their phones in the air to take pictures or video....easy polling), but it's still surprisingly low. OTOH, we have a friend making slightly over minimum wage at the grocery store, and she has an iPhone 7+, bought when it was the latest and greatest. Our school is such a small sample size, though it does have the very higher end household income families pulled off to a few private schools. I would be curious the mix down at some schools in Reno. There's times where Apple's price seems like it would be much too much, but both on the iPhone lines, the iPad lines, and the MacBook lines, there are some options that are more affordable, while also having the much more expensive ones available for those that don't care about the price, or feel it is well worth it given their usage. From the comments section from that link:
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chinacat
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AAPL Long since 2006
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Post by chinacat on Apr 8, 2020 7:03:58 GMT -8
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4aapl
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Post by 4aapl on Apr 8, 2020 8:46:58 GMT -8
Really? Europe may be different, but while I'd like to think quality helps, there's just one choice in the list of 4 that seems like it would be the 80+% reason, especially for that age group.
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Post by hyci004 on Apr 8, 2020 9:29:12 GMT -8
People in Southeast Asia are willing to spend a couple months of income on an iPhone because it is their phone, computer, entertainment, etc all in one. They trust the Apple brand and quality.
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Post by BillH on Apr 8, 2020 9:35:03 GMT -8
Really? Europe may be different, but while I'd like to think quality helps, there's just one choice in the list of 4 that seems like it would be the 80+% reason, especially for that age group. It's that brilliant blue bubble in iMessage. I'd go with "fitting in" rather than "image" as the primary driver. What I love about the whole thing is an entire generation being introduced to what it feels like to hold and use the highest quality of product. The ripple effects from that alone may have a profound effect on their life going forward.
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4aapl
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Post by 4aapl on Apr 8, 2020 9:48:14 GMT -8
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Post by Luckychoices on Apr 8, 2020 10:12:26 GMT -8
This is an update to the post I made six days ago, on 04/02/20, to the "Coronavirus *Information/Update* Thread - No Politics". Of the 15 members who voted in the poll, 8 have now seen the current U.S. death toll from coronavirus exceed their vote. In fact, the U.S. Death toll *today*, one day after I updated the spreadsheet has now risen from 12,857 to 14,214 ========================================= From original post on 04/02/20 I put together a mini spreadsheet for walterwhite's coronavirus poll. Of the 15 members who voted in the poll, 5 have already seen the current U.S. death toll from coronavirus exceed their vote. From comments made by a member on 03/15/20, the U.S. death toll was approximately 61 and the total was rising at a rate of about 10/day. Today, 04/02/20, about 18 days later, the U.S. death toll is 5,768 and the most recent U.S. addition to the toll is 660.
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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 Apr 8, 2020 11:38:56 GMT -8
Earnings scheduled for 4-30-20. Hopefully we'll get our dividend payments, the article doesn't address that, and I've heard no official word on that so far. Some not so great news... "Apple announced in February that it would not hit its Q2 earnings range due to coronavirus and the associated supply constraints and economic uncertainty. Apple had forecast a wider-than-usual range revenue range for Q2, predicting revenue between $63 billion and $67 billion. But due to the effects of the coronavirus, Apple won’t hit even the lowest end of that guidance." 9to5mac.com/2020/04/07/aapl-q2-2020-earnings-release-scheduled/Does anybody see any further down in the stock price or are we on our way back up? My take, too many suckers rallies in the last month for me to even guess. Thoughts?
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Post by socal Film Composer on Apr 8, 2020 13:36:35 GMT -8
Ny take on the technicals is that the area of 262 ish was support before, became resistance after we broke down under it - you see yesterday we didn't hold it but today we broke through convincingly on decent volume. Best guess is to watch it or start scaling int - that's what I did - when we originally fell from 323, I started buying at 263, more at 220, and more at 243 on the way up - now I have about 5% more shares total at an average of about 243 for the new purchases - if you believe the Evercore note from yesterday but 2024 we could be at 24 earning per share, and a share price of $500 - but I'm NOT a technician - just seeing there was a lot of stock inventory to work through at the 263, and the relative calmness in the moves and volatility the last 2 weeks has been welcome -
I'm sure the dividend is safe - just curious if they'll raise it. lower, or keep the same for safety - more blue chips - like to have a history of raising their divid and given the INSANE amount of the coverage ratio in favor, I seriously doubt they would lower it - to do that would signal a lack of confidence going forward -
The teen age survey was great to see - talk about brand loyalty for the next generation. I think they really want to get the starter phone out to hit all of the price points and add to the total user base for, more upgrades, more wearables, computers and... SERVICES.
If we get some major negative date points either from the earnings call / guidance, and or Covid headlines, we could break down again, it's anybody's guess - long term, I'm very comfortable to have such a large position - as Warren Buffet even said - "I'd like to own the whole company if I could" - loved that.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Apr 8, 2020 14:24:28 GMT -8
I'm sure the dividend is safe - just curious if they'll raise it. lower, or keep the same for safety - more blue chips - like to have a history of raising their divid and given the INSANE amount of the coverage ratio in favor, I seriously doubt they would lower it - to do that would signal a lack of confidence going forward They have never lowered it (see here); don't be fooled by the 7for1 split. The teen age survey was great to see - talk about brand loyalty for the next generation. I think they really want to get the starter phone out to hit all of the price points and add to the total user base for, more upgrades, more weasels, computers and... SERVICES. The only caveat is that Mom and Dad are likely paying for the phones (and service) now. Things may change for some once they are on their own.
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Post by socal Film Composer on Apr 8, 2020 17:00:46 GMT -8
I'm sure the dividend is safe - just curious if they'll raise it. lower, or keep the same for safety - more blue chips - like to have a history of raising their divid and given the INSANE amount of the coverage ratio in favor, I seriously doubt they would lower it - to do that would signal a lack of confidence going forward They have never lowered it (see here); don't be fooled by the 7for1 split. The teen age survey was great to see - talk about brand loyalty for the next generation. I think they really want to get the starter phone out to hit all of the price points and add to the total user base for, more upgrades, more weasels, computers and... SERVICES. The only caveat is that Mom and Dad are likely paying for the phones (and service) now. Things may change for some once they are on their own. Agreed - but I forgot to mention also there is such a huge inventory or used phones 5,6,7,8,s on Ebay and other legit resellers for here's an iPhone 8 on ebay for $200 - that's def. something a parent of pre-teen or teen would want to have their kid have most likely - Iphone 8 EBAYalso - here's an iPhone 7 , $139! all that's missing is a new battery perhaps but still - this is way affordable to many more Yes - never lowered the divy but they did pay one back in the early 80s for a few quarters/years? They then suspend until the Tim Cook era - I believe - but perhaps since84 can let us know!?
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4aapl
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Post by 4aapl on Apr 8, 2020 17:41:56 GMT -8
I'm sure the dividend is safe - just curious if they'll raise it. lower, or keep the same for safety - more blue chips - like to have a history of raising their divid and given the INSANE amount of the coverage ratio in favor, I seriously doubt they would lower it - to do that would signal a lack of confidence going forward They have never lowered it (see here); don't be fooled by the 7for1 split. Except that whole 1995 to 2012 timeframe Luckily it doesn't seem likely that Apple will lower, or stop, their dividend at this time.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Apr 8, 2020 18:06:43 GMT -8
I apologize for my negligent research. Thanks for the help.
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4aapl
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Post by 4aapl on Apr 8, 2020 18:20:13 GMT -8
I apologize for my negligent research. Thanks for the help. It was before my time, so I also often forget that Apple used to have a dividend. I think a poster or two have said they bought shares way back then, but it's not been 25 years since the first time the dividend was stopped.
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4aapl
Moderator
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Post by 4aapl on Apr 8, 2020 18:26:21 GMT -8
This is an update to the post I made six days ago, on 04/02/20, to the "Coronavirus *Information/Update* Thread - No Politics". Of the 15 members who voted in the poll, 8 have now seen the current U.S. death toll from coronavirus exceed their vote. In fact, the U.S. Death toll *today*, one day after I updated the spreadsheet has now risen from 12,857 to 14,214 View Attachment========================================= From original post on 04/02/20 I put together a mini spreadsheet for walterwhite's coronavirus poll. Of the 15 members who voted in the poll, 5 have already seen the current U.S. death toll from coronavirus exceed their vote. From comments made by a member on 03/15/20, the U.S. death toll was approximately 61 and the total was rising at a rate of about 10/day. Today, 04/02/20, about 18 days later, the U.S. death toll is 5,768 and the most recent U.S. addition to the toll is 660. View AttachmentWhile sad that the US death toll has passed the 12,500 figure, there's a long long way to go to get to the next bump in guesses, at 250k (or less). To get to that level, there would need to continue being about 2,000 deaths a day, for the next 120 days! The midpoint of that, where the guesses for the high number would be closer to the final figure than the lower guess, would be at 2 more months of 2,000 US deaths per day. Personally, regardless of which half-hazard guess might or might not be closer, I hope that doesn't happen.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Apr 9, 2020 6:19:35 GMT -8
I am proud of the American people in their reaction to the virus. While countries like China and Korea were able to contain the virus through edict from a strong central government ( as far as we know), the US had to rely on the voluntary actions of its free citizens. While the social responsibility needed for an effective quarantine didn't seem to be evident in the initial hoarding reaction, we have seen empty streets, empty malls and millions of people willing to self quarantine to defeat the virus. The neighbor to neighbor outreach, at least in my community of rich suburbanites, has been remarkable. While the stress has certainly exposed weaknesses in our institutions and leadership, (on both sides of the aisle) I can think of no other time since 9/11 when we have stood together so proudly or shown such concern for each other. We will emerge from this stronger and with an renewed faith in what it means to be an American.
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Post by playultimate on Apr 9, 2020 6:36:08 GMT -8
This is an update to the post I made six days ago, on 04/02/20, to the "Coronavirus *Information/Update* Thread - No Politics". Of the 15 members who voted in the poll, 8 have now seen the current U.S. death toll from coronavirus exceed their vote. In fact, the U.S. Death toll *today*, one day after I updated the spreadsheet has now risen from 12,857 to 14,214 View Attachment========================================= From original post on 04/02/20 I put together a mini spreadsheet for walterwhite's coronavirus poll. Of the 15 members who voted in the poll, 5 have already seen the current U.S. death toll from coronavirus exceed their vote. From comments made by a member on 03/15/20, the U.S. death toll was approximately 61 and the total was rising at a rate of about 10/day. Today, 04/02/20, about 18 days later, the U.S. death toll is 5,768 and the most recent U.S. addition to the toll is 660. View AttachmentWhile sad that the US death toll has passed the 12,500 figure, there's a long long way to go to get to the next bump in guesses, at 250k (or less). To get to that level, there would need to continue being about 2,000 deaths a day, for the next 120 days! The midpoint of that, where the guesses for the high number would be closer to the final figure than the lower guess, would be at 2 more months of 2,000 US deaths per day. Personally, regardless of which half-hazard guess might or might not be closer, I hope that doesn't happen. Current modeling is showing 60K+/- deaths. www.axios.com/fauci-coronavirus-death-toll-social-distancing-871d3ee9-d6b1-446f-8bd6-9f3ebbde01a7.html
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