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Post by CdnPhoto on Mar 13, 2024 5:17:57 GMT -8
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Post by CdnPhoto on Mar 13, 2024 5:24:28 GMT -8
A few relevant pictures from my recent trip through South Asia.
Apple Store in Singapore.
Outside the large Mall (Garden by the Bay). The ball is on the water, with a bridge to enter. Inside, there is an escalator to go down, where you end up inside the mall, in the Apple Store.
Apple Store in Bangkok
Foxconn offices in Taiwan
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,125
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Post by Dave on Mar 13, 2024 5:33:40 GMT -8
Wow, those pictures are impressive. I didn't realize the size of the dome until I noticed the people walking around in the second photo.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,125
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Post by Dave on Mar 13, 2024 9:37:34 GMT -8
So, which excuse do we use for AAPL today?
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4aapl
Moderator
Posts: 3,657
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Post by 4aapl on Mar 13, 2024 11:13:58 GMT -8
So, which excuse do we use for AAPL today? I think I heard "Dave, and other institutional investors, still see the dropped car R&D as a huge drag on the bottom line, with no obvious carryover to the other products." At least that's the rumor I am hearing, in my head Ah how I wish at times to know. OTOH, would that actually cause me to buy or sell, or just scratch an itch for knowledge and understanding? Sometimes information overload just makes things more complicated. And while I might at least slightly see it in myself with the market, where overall the difference of spending 30 minutes or 6 hours a day following stories and the market might have little difference, it's easier to see it in something else. My wife was spending days picking out a place to stay in Nice, trying to compare all of the positives and negatives, be close to where other relatives are staying or might be staying, while also trying to read all the reviews and read between the lines of reviews and listings. It's endless. Whereas if you just decide that instead of the perfect place you want to stay in the top 20% or 10% according to your wants and needs, it makes it a little easier, while also giving some flexible thinking if things don't end up quite perfect. Seems like there are more people wanting to sell AAPL than buy today, pushing prices down to balance that supply and demand.
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Post by hledgard on Mar 13, 2024 13:10:36 GMT -8
So, which excuse do we use for AAPL today? The general reason is looking forward. There is just not much in the wind that can restart excitement. Possible sleepers 1. Maybe Apple will do something compelling in AI 2. Maybe the AVP will start being used in the medical area 3. Maybe Apple TV+ will bear fruit 4.
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Post by archibaldtuttle on Mar 13, 2024 13:38:36 GMT -8
Agree, there’s not a reason for selling so much as there is no reason to buy. “Lack of upside catalysts” as the fancier people would say.
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Post by Luckychoices on Mar 13, 2024 13:41:11 GMT -8
So, which excuse do we use for AAPL today? It's difficult for me to feel that market manipulation isn't a *huge* factor in a stock's movements. It's certainly been responsible for AAPL's pullback in 2024, IMO. And just look at the market at close today: AAPL down -1.21%...why?...OK, never mind, I forgot AAPL is doomed because they have no AI, the Apple car was canceled and the Vision Pro is a terribly expensive, flawed product that nobody wants to buy. But NVDA was down -1.12%, META was down -0.84% and TSLA was down -4.54%. Someone made money on these 4 stocks today but it wasn't long-term holders of the stocks. And that's just fine with me...the market is irrational, I get it. But I can hold AAPL longer than the market...never mind. 😎
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Ted
fire starter
Posts: 882
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Post by Ted on Mar 13, 2024 15:25:11 GMT -8
So, which excuse do we use for AAPL today? Dave, this sideways to downward trend could last for weeks, months or years. If you find that intolerable, then consider making a move. 🤷🏻♂️
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4aapl
Moderator
Posts: 3,657
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Post by 4aapl on Mar 13, 2024 18:28:53 GMT -8
Those 3 possible upside drivers are a reminder that a likely dividend/buyback update is about 6 weeks away. I doubt it will be an earth shattering change, since it hasn't been for a while. But it might be a little bit of a catalyst. I just don't see "market manipulation" as a factor here (have we seen many negative rumors lately? Supposed canceled orders are the common one seen in past years, often just Apple not going with the full production in the range of volume possibilities that they talked with suppliers about), but rather someone big likely selling some shares. Volume has finally shrunk back below the average, after 9 days in a row that volume was above the average. finance.yahoo.com/quote/AAPL/historyIt seems likely that 2-3 months from now (welcome WWDC) this will all be just a blip in history. But 171->205 would be a 20% gain, and nearly a 31% gain to get to that 224 I guessed at.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,125
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Post by Dave on Mar 14, 2024 1:36:20 GMT -8
So, which excuse do we use for AAPL today? Dave, this sideways to downward trend could last for weeks, months or years. If you find that intolerable, then consider making a move. 🤷🏻♂️ It would seem that there are a lot of people that are taking your advice. This trend has been lasting for a very long time. In a competitive environment, If you’re not moving forward then you are falling behind. Especially if you’re factoring in inflation.
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