chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
|
Post by chinacat on Aug 5, 2023 6:01:05 GMT -8
|
|
|
Post by hledgard on Aug 5, 2023 9:50:13 GMT -8
Thanks for opening the thread Chinacat !
After the Apple's recent earnings I feel a real shift in momentum. Don't see how AAPL can go up for quite some time. The goggles do not do it for me. The only bright light is services and the excellent integration of all of Apple's products.
|
|
|
Post by deasys on Aug 5, 2023 12:42:39 GMT -8
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
|
Post by chinacat on Aug 5, 2023 13:40:31 GMT -8
|
|
benoir
fire starter
*
Posts: 1,318
|
Post by benoir on Aug 5, 2023 17:34:38 GMT -8
I'm not sure anyone here including hledgard has the maniacal, self immolating disposition that poor old Spongy acquired towards the end. I agree with hledgard, I can't see the googles being a hit out of the box. The hardware seems too bulky. Needs a couple more years to refine. I will go higher but I think AAPL will stew for a while. For the needle to go higher sentiment needs to improve - the market needs a good news story. Had AAPL hit $200 then retracted on earnings I think that would have been a nice set up for a quicker recovery into ATH. It would have also emphatically positioned Apple as $3T+
|
|
|
Post by aaplcrazie on Aug 6, 2023 1:48:48 GMT -8
Ha The Yellow Spongy One!
|
|
4aapl
Moderator
Posts: 3,648
|
Post by 4aapl on Aug 6, 2023 20:30:40 GMT -8
I agree with hledgard, I can't see the googles being a hit out of the box. The hardware seems too bulky. Needs a couple more years to refine. I will go higher but I think AAPL will stew for a while. For the needle to go higher sentiment needs to improve - the market needs a good news story. Had AAPL hit $200 then retracted on earnings I think that would have been a nice set up for a quicker recovery into ATH. It would have also emphatically positioned Apple as $3T+ I guess that's the question, of how long it needs to stew. In some markets that can be a long time. In others, it's accelerated, like in an InstaPot. One option would be for AAPL to settle down here somewhere, maybe touch 175-180 and then settle at 185, for the next 2 weeks. And then, as schools start up and vacations/summer ends, and Apple rumors ramp up, it could touch 200 or even 205. Maybe I'd give a 30% chance to that. I'd like to give a 50-60% chance, but maybe that is just too optimistic, without seeing how the next few days are on AAPL. But I guess I see the goggles as a hobby at the moment. They could take off, but more likely it will need to stew for a while, gaining traction. Just like Apple TV. The economy is slowing. By how much and for how long isn't yet known. But if Apple keeps pushing out great products, history shows it is likely that when people have an uptick in buying "stuff", Apple products will be a big part of that. Maybe that is xmas time? Maybe it isn't. And then in general, they have a good and somewhat consistent upgrade cycle, across most product lines. And there are still some of us being lured in, such as for various services, or for various products like the Apple Watch. But regardless about my unknown feeling when looking at the 10-30 year timeframe for AAPL and Apple, I feel pretty good about them in the next 1-5 years. It's never a straight line, and the stock won't beat all others out there. But it should beat the major indexes, as it is hitting above the average company out there. At least that's what I think.
|
|