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Post by CdnPhoto on Aug 25, 2023 3:12:52 GMT -8
Good morning all. AAPL currently at 177.00 +$0.62 (+0.35%) in the premarket. Waiting to hear comments from the Fed today. See if they want to continue hiking rates, or will pause.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,103
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Post by Dave on Aug 25, 2023 9:03:16 GMT -8
So, are the markets going to recover from todays Fed Speak? Green for now.
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Aug 25, 2023 17:01:25 GMT -8
Bit lean today on a green day.
Agree with 4aapl, we need a way to increase the traffic at this place. There are a lot of savvy investors here and collectively we have a lot of shared knowledge (and wealth). Life does get in the way and I admit in the last year or so I have been somewhat occupied, plus living diametrically opposed to Cupertino on this little blue rock makes it hard to participate in the conversation.
I like this place for the sentiment that it garners. AAPL is not always positive, but that doesn’t matter. It goes up and it goes down over daily an longer cycles. What I do want is to understand the sentiment from a longer term perspective - 5 years plus. Will AAPL be a success in 5 years time, what are the headwinds, what are the opportunities?
For me the potential headwinds are post-Cook. What happens to Apple when those with direct contact with Jobs are no longer at the helm? Is Apple culture strong enough to thrive or will it whither? Who will lead after Cook? Under Jobs, the design team was paramount. Under Cook’s stewardship, undoubtedly he had the supply chain under control and consequently made us all a lot of money. But it was with the legacy of a robust design culture and team.
The next CEO of Apple will seal its fate. If they put a bean counter in who doesn’t understand design, it’s game over in my mind. Who is even qualified to run a behemoth of unequal magnitude? Who are the contenders at Apple who could take the helm? IMO who ever takes over will need to be charismatic, visionary and put design very much at the forefront.
There are obviously other headwinds and a whole heap of opportunities. Apple leadership is obviously something that’s coming up at some point.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,427
Member is Online
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Post by chinacat on Aug 25, 2023 19:31:11 GMT -8
It’s summer time. People are enjoying vacation. Apple is busy getting the Fall releases ready to go.
Personally, I welcome this little break before Fall releases to clear the decks and and get ready for the run up to the holidays. But then again, I’m not a trader so I am not entirely consumed by short term activities and responses.
Labor Day is coming, so articles speculating on the new releases should start arriving sometime soon, to be followed by reviews and sales figures/guesses. You’ll have lots of opinions on all of that and more soon enough, starting with these.
One problem AFB has never had is a lack of opinions.
Enjoy!
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