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Post by rezonate on May 14, 2013 20:43:20 GMT -8
From the "better lucky than good" file, I sold about 20% of my AAPL yesterday to cover some expenses. Hated to sell any but we left for the world cruise "yesterday" (it's Wednesday where we are here in Sydney). All the best to the 'board over the summer. I'll check it when I can.
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Post by sponge on May 14, 2013 22:21:46 GMT -8
From the "better lucky than good" file, I sold about 20% of my AAPL yesterday to cover some expenses. Hated to sell any but we left for the world cruise "yesterday" (it's Wednesday where we are here in Sydney). All the best to the 'board over the summer. I'll check it when I can. I am planing on using some of my profits in June for a possible trip to Maui in August Have fun on your cruise.
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Post by Deleted on May 14, 2013 22:41:05 GMT -8
I didn't expect to see AAPL do anything last week nor this week from reading OI. Today? Foxconn's results were reported sub par and Apple is once again being blamed. Pegatron is getting more work from Apple and hope that the case design sees a revision to avoid the scuff marks that plagued early iPhone 5 production. And don't believe ANYTHING Peter Misek says -- this guy has zero credibility. He should be IGNORED. Welcome back J.D. -- I don't get over to StockTwits much given my allergic reaction to the day-trading minutia there. www.uswitch.com/mobiles/news/2013/01/iphone_5s_to_feature_touch_on_display/
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Post by Deleted on May 14, 2013 22:51:38 GMT -8
A very nice post on PED's site today countering the Business Insider FUD machine:
C.G • 4 hours ago − An interesting fact:
I am lucky enough to travel around the world, because of my profession, and by traveling I mean spend my time in 5 different countries every month. I have been paying attention to the gadgets that people hold in their hands, to see if these trends, these "expert" opinions, these "analysts" charts, reflect what I see in the real world.
I was sitting in a coffee shop in Tianjin, China, a couple of days ago. I counted how many people were holding iPhones, and how many people were holding other phones. Interestingly enough, out of 8 people that had an iPhone only 1 person had a different phone, none of them had a Samsung phone. Also, lying on their tables I could see iPads and MacBooks. There seemed to be a massive amount of Apple gadgets around me.
Next day, on the way to Beijing while traveling on the bullet train, I could see that about 80% of the people also were using an iPhone. Traveling by metro from Beijing South station towards Summer Palace, about 80% of the people were also holding iPhones. After a beautiful morning spent at the Summer Palace, I went to Wangfujing, where the Apple Store is located: it was completely packed with customers. This doesn't seem to reflect the "expert" opinions, so somehow, I doubt about the extent of their expertise.
Also this month, I had the chance to spend a couple of days in Sydney, Australia, and walking down Georges Street, I noticed that the Samsung shop wasn't very crowded. I took the time to enter and count the people inside, which came to a stunningly low sum of 8. None of them were buying anything. On the other hand, walking down Georges Street another 100 meters, I walked pass the Apple Store. The image was totally the opposite. A very similar experience to what I saw in China a week later: the store was completely packed.
It is very easy to manipulate the data on the charts (believe me, I am a mathematician). Also, we can always choose a chart, graph, pie-chart to manipulate perception, to convey the message that suits us best. And because it looks scientific, all those lines wriggling up and down, we are automatically tricked into believing it's the truth. Mathematics is an exact science, right?
Granted, my math, the simple action of counting 1,2,3,4, is really not better than all these charts either, but it is not worse either. I understand that my approach is not very scientific, just observational. Nevertheless, from my observation I can easily say that all these negative reports that I have been seeing in the media for the last 6 months are probably wrong, a mere fabrication. People seem to still be in love with their Apple products, people are still buying them, and in the end, this is what counts
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