aapl
fire starter
Posts: 273
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Post by aapl on Sept 26, 2023 2:19:55 GMT -8
Good Morning,
AAPL looks to be giving up most of yesterday's gain and right now is showing red in the premarkets at $175.01 -$0.93 (-0.58%).
Upgraded from an Apple Watch 4 to an Ultra 2 last Friday. Loving the 2 day battery life and my eyes are loving the larger screen. While bigger than the 44mm it's not any heavier. I recommend it even if you have small wrists like I do.
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Post by archibaldtuttle on Sept 26, 2023 6:48:21 GMT -8
Apple is doing great, but the Fed is determined to drive the economy into a ditch in order to make sure inflation is dead. AAPL’s PE ratio will contract as a result.
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Post by firestorm on Sept 26, 2023 7:28:43 GMT -8
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Post by bud777 on Sept 26, 2023 7:33:02 GMT -8
it's just my humble opinion, but it looks to me like the Saudi production cuts are driving inflation back up and the Fed only has one tool to hold it back. I wish we could turn Shale production back on and become an oil exporter again. I know it is not that simple but I don't like our economy being subject to the whims of OPEC+
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Post by duckpins on Sept 26, 2023 9:15:57 GMT -8
The worst thing that happened to the Europeans post WWII was putting the bankers in charge. They are interested in keeping the power in the banks and not giving any up to Apple or other Tech stocks.
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Post by macster on Sept 26, 2023 9:17:15 GMT -8
it's just my humble opinion, but it looks to me like the Saudi production cuts are driving inflation back up and the Fed only has one tool to hold it back. I wish we could turn Shale production back on and become an oil exporter again. I know it is not that simple but I don't like our economy being subject to the whims of OPEC+ Agreed…All Biden and his agenda drivers need to do is open the spigots. Inflation would drop like a rock. Petroleum is black gold and is the basis of just about everything a modern economy needs. There is no need to trash the economy for the green agenda because of burning petroleum fuels. This whole fiasco could be avoided. imo
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Post by duckpins on Sept 26, 2023 9:21:42 GMT -8
Clearly making energy more expensive raises the price of everything and does not decrease demand for oil or gas proportionally. The idea that you could simply close nuclear plants and stop drilling and replace this with subsidized EV's is proving laughable. Where is Sarah Palin when you need her? Drill baby...!
This will result in higher prices and less demand. Opposite of how its is supposed to work. With less demand there should be a price war but energy is not negotiable. This is creating a stressful Sept. as all the stocks are down. Going into an election year we should see optimism and higher stock prices-if the incumbent can do this he will. Possibly this is near a bottom ahead of a tech and AI powered election year that will be good for us.
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Post by macster on Sept 26, 2023 9:27:38 GMT -8
Clearly making energy more expensive raises the price of everything and does not decrease demand for oil or gas proportionally. The idea that you could simply close nuclear plants and stop drilling and replace this with subsidized EV's is proving laughable. Where is Sarah Palin when you need her? Drill baby...! This will result in higher prices and less demand. Opposite of how its is supposed to work. With less demand there should be a price war but energy is not negotiable. This is creating a stressful Sept. as all the stocks are down. Going into an election year we should see optimism and higher stock prices-if the incumbent can do this he will. Possibly this is near a bottom ahead of a tech and AI powered election year that will be good for us. Agreed…it’s common sense. You have to wonder what alternative motives are in play to drive the cost of everything higher to cause such misery.
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Post by macster on Sept 26, 2023 9:31:09 GMT -8
Anyway I came here today to wonder what’s in the product pipeline other than car play and the head set. There used to be years ago, the excitement of talking about all the possible disruptive rumors of products that Apple was working on
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Post by duckpins on Sept 26, 2023 9:49:34 GMT -8
All the Dow and cash rich companies (30+) are down save 2. Turnaround Tuesday?
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Post by duckpins on Sept 26, 2023 9:52:59 GMT -8
Both our stock and PG are back to DEC 21 levels. PG pays a good dividend. Great for writing covered calls if you like to play the market that way.
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Post by firestorm on Sept 26, 2023 10:15:40 GMT -8
Anyway I came here today to wonder what’s in the product pipeline other than car play and the head set. There used to be years ago, the excitement of talking about all the possible disruptive rumors of products that Apple was working on There seems to be new wonderings (to coin a phrase) if Apple should buy Disney. I can see getting Disney for the studio catalogue and ongoing new movie releases, but the theme park operations would seem to be an especially bad fit for Apple. What I wanted to see was an Apple Car, but that doesn't appear to be happening.
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Post by Lstream on Sept 26, 2023 10:56:49 GMT -8
Anyway I came here today to wonder what’s in the product pipeline other than car play and the head set. There used to be years ago, the excitement of talking about all the possible disruptive rumors of products that Apple was working on I kind of think we are getting numb to the how significant some of the iPhone innovation is. Cause it’s just another phone, right? For example: 1. The satellite SOS feature. What this feature does is great technology, and has already saved lives. 2. The new portrait photo mode with depth capture. So you can adjust the f-stop after the fact. If someone put this in an actual camera, there would be all kinds of “wow”. But in a phone it just gets lost. I could go on and on. On new stuff, I’m expecting significant advances in health sensors. Maybe in brand new devices like a ring, but also embedded in the watch. Which people will likely under-appreciate again, since it’s “just another watch” That headset is the most impressive piece of mobile engineering I have ever seen. And it isn’t even close. All kinds of reviewers have called it magic. It will be a very long journey to make it ubiquitous, but that pipeline will be impressive too. I don’t think the innovation in that device is properly understood or appreciated. As far as the car goes, maybe something is coming. Maybe not.
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ono
Member
posted
Posts: 555
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Post by ono on Sept 26, 2023 11:29:34 GMT -8
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Post by duckpins on Sept 26, 2023 12:02:28 GMT -8
Apple spending money developing a fabric seems off the mark. Plenty of fake furs and leathers are out there already. Look at the TSLa seats. The white are just gross. No aesthetic value. Vegans have plenty of options for covers. Bad news-turns out fungi eat insects and impregnate them like the Alien-no more Mushroom Bergers for the Vegans!
The pigs are getting killed anyway, not everyone is giving up on bacon. Bet on that. Skin will be available for a while yet. Spending lots of money to appease a small handful of noisy people seems like the modern answer. Don't get it.
Disney's culture comes with the company. That is a problem. Theme parks would have to be spun off. The old movies are the value along with the creatives and tech of Pixar. DIS broke 80 with a 70 PE. Got a bump from the deal with the cable co. But still negotiating with Comcast etc.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Sept 26, 2023 12:28:48 GMT -8
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Post by zebrum on Sept 26, 2023 12:51:54 GMT -8
Apple spending money developing a fabric seems off the mark. Plenty of fake furs and leathers are out there already. Look at the TSLa seats. The white are just gross. No aesthetic value. Vegans have plenty of options for covers. Bad news-turns out fungi eat insects and impregnate them like the Alien-no more Mushroom Bergers for the Vegans! The pigs are getting killed anyway, not everyone is giving up on bacon. Bet on that. Skin will be available for a while yet. Spending lots of money to appease a small handful of noisy people seems like the modern answer. Don't get it. Disney's culture comes with the company. That is a problem. Theme parks would have to be spun off. The old movies are the value along with the creatives and tech of Pixar. DIS broke 80 with a 70 PE. Got a bump from the deal with the cable co. But still negotiating with Comcast etc. I think they outsourced the fabric to the same company that makes the Watch Ultra woven bands - Inoue Ribbon Industry, 2-6 Chiharacho, Echizen, Fukui 915-0243, Japan ( Google Maps). shown here appleinsider.com/articles/22/12/16/tim-cook-visits-apple-watch-ultra-band-maker-paralympians-on-the-way-out-of-japanOctober can't come soon enough! September seems worse than usual this year.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Sept 26, 2023 13:59:59 GMT -8
I guess the frustrating thing is that it seems at times that investors are focused on a specific share price, whether that is a recent ATH or some increment above that, rather than on what percent of the company and its earnings they hold. For instance, look at Lucky's post from the weekend. It lists the ATH for several companies including Apple, from about 1.75 to 2 years ago. aaplfinance.proboards.com/thread/3890/week-september-22-2023-174By default we have that ~$182 ATH price in our head (if not the more recent ATH), or maybe we focused on about 10% above that at about an even $200. But that ATH, if Apple is buying back 6% of the shares per year (I think it had been this high, but I don't know what it is at the moment), would be equivalent to $171 after a year, and $160.8 after 2 years. Buybacks affect ratios like P/E, but it seems like some people focus too much on a specific share price. Ideally it all balances out at some point. Until that time, sometimes it does seem like buybacks are a waste of money. But Horace points out the other options, which aren't great either.
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