Thursday, 03/07/13: $430.58

[Mav]

Yes, yes, it's not midnight Pacific Time yet, but It's Thursday Somewhere(tm). Er...in the neighboring Mountain time zone.

So I'll take up the banner for setting up the Intraday topic, albeit "early" (personally, I'd go with Eastern time...that's where the market action is, after all).

[Apple II+]

iPhone 5 a dud? Can't see it. I too would like a larger screen option. But if it comes out in 2013 as expected that isn't too late IMO. iPhone 5 is a major design step in terms of thinness, lightning connector, and, yes, screen size. I'm referring to pixel dimensions. 1136x640 is a big deal compared to 960x640. It's a long term commitment and not a change to be taken lightly. We might see a "cheaper" non-retina version at 568x320, but the day of 960x640 is over. So saith Ive and co., IMO. Next step ~ 5 inch iPhone option for elderly eyes, the big-handed, and those who just want it.

[Deleted]

Quick question for board members for general interests sake:

If someone expects apple to trade sideways at current levels for a few months, would that be described as a bullish or bearish perspective?

[lovemyipad]

Mar 7, 2013 1:24:39 GMT -8 @burgess said:

Quick question for board members for general interests sake:

If someone expects apple to trade sideways at current levels for a few months, would that be described as a bullish or bearish perspective?

IMHO, neither.

[macwire]

Mar 7, 2013 3:37:28 GMT -8 lovemyipad said:

Mar 7, 2013 1:24:39 GMT -8 @burgess said:

Quick question for board members for general interests sake:

If someone expects apple to trade sideways at current levels for a few months, would that be described as a bullish or bearish perspective?

IMHO, neither.

Could make an arguement either way

Which is to say you are right. Lol

[appledoc]

Mar 7, 2013 1:24:39 GMT -8 @burgess said:

Quick question for board members for general interests sake:

If someone expects apple to trade sideways at current levels for a few months, would that be described as a bullish or bearish perspective?

Still a bearish downtrend, but leaning toward bullish resolution.

It will still be easy to trade. Just go short on every rally we get.

[Big Al]

Mar 7, 2013 1:24:39 GMT -8 @burgess said:

Quick question for board members for general interests sake:

If someone expects apple to trade sideways at current levels for a few months, would that be described as a bullish or bearish perspective?

Well, trading sideways would eventually get the stock out of the declining channel that we are currently in. That would be "mildly" positive.

However, a real sentiment change would need (or lead) the stock to burst out of the channel and quickly reclaim lost ground. That would be way better.

[flyonthewall]

Good article on the malware problems with Android and how it compares to Apple.

Android's Malware

So, maybe Apple's closed, curated system has value?

[appledoc]

Mar 7, 2013 4:11:47 GMT -8 flyonthewall said:

Good article on the malware problems with Android and how it compares to Apple.

Android's Malware

So, maybe Apple's closed, curated system has value?

It always has. Google let Android become a mess IMO.

[osx10]

So Apple Insider is claiming that Apple is mulling a partnership with Intel to build A series chips.. Why would they partner when they can buy them without breaking a sweat?

Street would like that use of the Cash.

[rickag]

Mar 7, 2013 4:11:47 GMT -8 flyonthewall said:

Good article on the malware problems with Android and how it compares to Apple.

Android's Malware

So, maybe Apple's closed, curated system has value?

Time for "I'm an iPhone I'm a Roid set of commercials".

Opps I mean Droid

[macwire]

Mar 7, 2013 4:46:21 GMT -8 osx10 said:

So Apple Insider is claiming that Apple is mulling a partnership with Intel to build A series chips.. Why would they partner when they can buy them without breaking a sweat?

Street would like that use of the Cash.

Barf.

[rickag]

Mar 7, 2013 4:46:21 GMT -8 osx10 said:

So Apple Insider is claiming that Apple is mulling a partnership with Intel to build A series chips.. Why would they partner when they can buy them without breaking a sweat?

Street would like that use of the Cash.

This good news if true. Intel leads in process tech and an Apple Arm chip on the latest process would be killer.

Throw in an IGZO based screen with a 2-4 day battery life. I can hope can't I.

[lovemyipad]

Scott Redler on AAPL

[servo]

DIGITIMES: Apple Cuts iPad Estimates By Millions
www.businessinsider.com/apple-cuts-ipad-estimates-digitimes-2013-3

[Lstream]

Mar 7, 2013 4:11:47 GMT -8 flyonthewall said:

Good article on the malware problems with Android and how it compares to Apple.

Android's Malware

So, maybe Apple's closed, curated system has value?

Andy Ihnatko over at MacWorld has a three part article on why he switched to Android. Fairly unpleasant reading actually. He has the following to say on the subject. I would never switch to Android for various reasons, including the Malware threat. However, he seems to think the threat can be managed.

Link

Malware is certainly a threat, but after a year’s worth of wary exploration of the subject, I believe it to be a manageable one.


The quantity of Android malware cited in reports from Trend Micro (a maker of security software) and other researchers is shocking. The details of Android malware tell a more reassuring story. It’s a familiar one: if you don’t want to unwittingly install malware on your phone, don’t install pirated software. That’s the primary vector for malicious Android software.

Further, if you only use Android’s canonical app repository (Google Play), the numbers say you’ll avoid 99.5 percent of all Android malware. Want to drop the risk to almost nil? Spend all of five or ten seconds looking at the app description in the Play Store before installing. Play Store app descriptions contain much more information (including a ballpark on the number of downloads, and a list of the permissions the app requests) than the iTunes App Store. For maximum safety, avoid apps with few downloads and few reviews.

Android phones can be jailbroken (in a sense) to run unsigned software just by digging into the prefs and flipping a switch (another example of the choice, choice, choice offered by Android). That increases the risks. Android phones can also be pwned through malicious links (via sites, emails, or texts), like any other phone.

But the bottom line is this: Yes, an Android phone is less safe than an iPhone… but that doesn’t make it “unsafe.” The best practices I use when installing new software on an Android device are no different from what I use with my iPhone. Overall, I don’t feel as though my Galaxy S III is any riskier to use.

[icam]

I haven't been paying much attention to the intraday thread the past few days, so please forgive me if these PED articles on Andy Zaky have already been posted.

tech.fortune.cnn.com/2013/03/04/apple-zaky-bullish-cross/

tech.fortune.cnn.com/2013/03/06/apple-zaky-bullish-cross-2/

My last 6 months have been less than stellar. But, my results look like Warren Buffett's compared to AZ's. My own results, and now that I see what happened to AZ, have really opened my eyes to the value of hedging my positions. My rose colored glasses have been removed, forever. No matter how bullish I am on anything, I will always evaluate the "what if's" and take appropriate hedges to insure against the "unlikely" events that could inflict damage to my accounts.

[sponge]

I know most here are traders and not long term investors. But if you bought 5 years ago all you lost was paper profits from 2011. Fast-forward 5 years and we will be happy campers.

This is a storm like many others and it will pass.

Too many folks are judging Apple and management based on the stock price instead of results.

If the results were the same but the stock was at $800 no one would complain about a lack of bigger or cheaper phone. Few would care about Samsung.

All this will pass and we must be patient.

[mstefa]

Mar 7, 2013 6:06:55 GMT -8 Lstream said:

Mar 7, 2013 4:11:47 GMT -8 flyonthewall said:

Good article on the malware problems with Android and how it compares to Apple.

Android's Malware

So, maybe Apple's closed, curated system has value?

Andy Ihnatko over at MacWorld has a three part article on why he switched to Android. Fairly unpleasant reading actually. He has the following to say on the subject. I would never switch to Android for various reasons, including the Malware threat. However, he seems to think the threat can be managed.

Link

I read the article and agree with inter-app functionality bit, copy paste etc.. the rest is unimportant. It's important for geeks and techies.
When I check in my family, my wife, mother, sister, brother in law my daughter her friends.. nobody cares to jailbreak, nobody uses advanced features they never heard of malware ( they do know of viruses on PC though) .. they want good phone to talk/ tweet browse and email. That is 90% of the market. I believe that Apple only caters to that market. That's why they dumped many small markets or don't really care ( pro video editing, server series etc)
not large enough to deserve attention.
It must be well designed, robust and work flawlessly. Nothing else really matters. What they may have overlooked iis that size matters to people who can't afford iPad and are on the go all the time ( young people ) and eyesight may be an issue ( your 40years + old population)

[mstefa]

Mar 7, 2013 6:29:56 GMT -8 icam said:

I haven't been paying much attention to the intraday thread the past few days, so please forgive me if these PED articles on Andy Zaky have already been posted.

tech.fortune.cnn.com/2013/03/04/apple-zaky-bullish-cross/

tech.fortune.cnn.com/2013/03/06/apple-zaky-bullish-cross-2/

My last 6 months have been less than stellar. But, my results look like Warren Buffett's compared to AZ's. My own results, and now that I see what happened to AZ, have really opened my eyes to the value of hedging my positions. My rose colored glasses have been removed, forever. No matter how bullish I am on anything, I will always evaluate the "what if's" and take appropriate hedges to insure against the "unlikely" events that could inflict damage to my accounts.

with all his analysis, he demonstrated fundamental lack of understanding of statistics and risk.
We wear safety belts not because we'll have an accident today, but because, when it happens, we'll be safe.
House insurance against fire .. only 0.00xx houses burn, but in my neighborhood, one burned to ground last year.
I sat at poker tables where someone goes All In 4 hands in a row and wins every time. Guess what, he's the first out most of the time. Whoever understood risk fully ( I did) but chose to go all in, has only himself to blame. AZ shows that he still doesn't understand it. He is a dangerous fella to take advice from.
He was 4 for 4 but it was obvious that when that event comes, he will be wiped.

[mtjs]

Mar 7, 2013 6:59:43 GMT -8 sponge said:

I know most here are traders and not long term investors. But if you bought 5 years ago all you lost was paper profits from 2011. Fast-forward 5 years and we will be happy campers.

This is a storm like many others and it will pass.

Too many folks are judging Apple and management based on the stock price instead of results.

If the results were the same but the stock was at $800 no one would complain about a lack of bigger or cheaper phone. Few would care about Samsung.

All this will pass and we must be patient.

A house worth of paper-losses, but hey... who's counting. I don't know about ATH by december (cfr ur sign), but as long as it is withing the next 20 months, I'm ... 'gain'.

[appledoc]

Don't speak in absolutes regarding the FUTURE.

[icam]

Mar 7, 2013 7:13:59 GMT -8 mstefa said:

Mar 7, 2013 6:29:56 GMT -8 icam said:

I haven't been paying much attention to the intraday thread the past few days, so please forgive me if these PED articles on Andy Zaky have already been posted.

tech.fortune.cnn.com/2013/03/04/apple-zaky-bullish-cross/

tech.fortune.cnn.com/2013/03/06/apple-zaky-bullish-cross-2/

My last 6 months have been less than stellar. But, my results look like Warren Buffett's compared to AZ's. My own results, and now that I see what happened to AZ, have really opened my eyes to the value of hedging my positions. My rose colored glasses have been removed, forever. No matter how bullish I am on anything, I will always evaluate the "what if's" and take appropriate hedges to insure against the "unlikely" events that could inflict damage to my accounts.

with all his analysis, he demonstrated fundamental lack of understanding of statistics and risk.
We wear safety belts not because we'll have an accident today, but because, when it happens, we'll be safe.
House insurance against fire .. only 0.00xx houses burn, but in my neighborhood, one burned to ground last year.
I sat at poker tables where someone goes All In 4 hands in a row and wins every time. Guess what, he's the first out most of the time. Whoever understood risk fully ( I did) but chose to go all in, has only himself to blame. AZ shows that he still doesn't understand it. He is a dangerous fella to take advice from.
He was 4 for 4 but it was obvious that when that event comes, he will be wiped.

It's been my general experience that "all or nothing" thinking eventually ends in an undesirable outcome that eliminates any previous positive results, delivers pain to my life, and a life lesson and not much else. I don't do it anymore.

[ibuyer]

I just noticed that GOOG's 52 week high is TWICE AAPL's 52 week low.

#distressing

[icam]

Mar 7, 2013 7:24:42 GMT -8 @appledoc said:

Don't speak in absolutes regarding the FUTURE.

Nothing about the future is guaranteed, except death and taxes. And the taxes are only guaranteed if my painless "paper" losses stop growing.

[sponge]

This is cool. It is another example of how Apple can generate billions in the future from resale and new content. You can borrow a song then late buy it or even a movie or book.

appleinsider.com/articles/13/03/07/apples-digital-content-resale-and-loan-system-could-allow-drm-transfers-between-end-users

[sponge]

Here one of many reasons Apple can only ship and release certain number of new iPads.

www.patentlyapple.com/patently-apple/2013/03/suppliers-just-cant-keep-up-with-demand-for-apples-ipads.html

[macwire]

Mar 7, 2013 6:29:56 GMT -8 icam said:

I haven't been paying much attention to the intraday thread the past few days, so please forgive me if these PED articles on Andy Zaky have already been posted.

tech.fortune.cnn.com/2013/03/04/apple-zaky-bullish-cross/

tech.fortune.cnn.com/2013/03/06/apple-zaky-bullish-cross-2/

My last 6 months have been less than stellar. But, my results look like Warren Buffett's compared to AZ's. My own results, and now that I see what happened to AZ, have really opened my eyes to the value of hedging my positions. My rose colored glasses have been removed, forever. No matter how bullish I am on anything, I will always evaluate the "what if's" and take appropriate hedges to insure against the "unlikely" events that could inflict damage to my accounts.

Yeah I've learned and lost and gained a lot as well. Me personally the falling knife trade double triple quadruple down will never happen again.

(Until the next trade...)

[macwire]

Mar 7, 2013 7:36:29 GMT -8 ibuyer said:

I just noticed that GOOG's 52 week high is TWICE AAPL's 52 week low.

#distressing

Irrelevant different floats.

[sponge]

This is one of many reasons I am bullish about Apple and its stock. We are only in the first inings of a mobile revolution that Apple is leading.

seekingalpha.com/article/1252241-disney-showcases-apple-s-iwatch-potential