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Post by lovemyipad on Feb 21, 2014 16:16:00 GMT -8
The bar is open!
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Mav
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Post by Mav on Feb 21, 2014 16:50:12 GMT -8
525.25 LOL.OL *sigh*
Next up, the shareholder's meeting. The closer to 500, the more "entertaining" it promises to be for Tim and Co. We're very likely getting a cash update between now and earnings, but the mere prospect won't provide any price support near-term, IMHO. Rangebound would be a good scenario?
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Post by phoebear611 on Feb 21, 2014 16:50:34 GMT -8
Hope you're not drinking with all those meds you're probably taking! So I gather we will wait to see if the $522 number holds ... or maybe even the $515 number but then hopefully get some type of reversal here ... hopefully. I keep my toe in the water but this price action is exhausting even if I don't have a boat load at risk.
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Post by phoebear611 on Feb 21, 2014 16:51:53 GMT -8
Does ANYONE even THINK that anything will come out of the shareholders meeting? I can't imagine it will be eventful at all.
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Mav
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Post by Mav on Feb 21, 2014 16:55:52 GMT -8
Cynic's take on what would count as "interesting": Maybe another dose of "really really active discussions" about cash. 10% chance of neutral-or-better mention of a share split.
I mean, the "confident in our product pipeline", "make the best, not the most", North Star/innovation/etc. etc. is pretty much guaranteed, right? You can make Shareholder's Meeting Bingo out of that stuff.
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Post by artman1033 on Feb 21, 2014 18:50:20 GMT -8
Does ANYONE even THINK that anything will come out of the shareholders meeting? I can't imagine it will be eventful at all. AS I recall; most shareholders at the meeting BOO & SNICKER when another shareholder asks a question about CASH on hand.
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Post by artman1033 on Feb 21, 2014 18:52:10 GMT -8
PETER SCHIFF on Facebook: Mark Zuckerberg, the owner of Facebook, is not your typical corporate CEO. Through a combination of technological smarts, timing, luck, and questionable business ethics, he became a billionaire before most of us bought our first cars. And in the years since social media became the buzzword of the business world, Wall Street has been falling over backward to funnel money into the hot sector. As a result, it may be that Zuckerberg looks at real money the way the rest of us look at Monopoly money. It also helps that a large portion of the acquisition is made with Facebook stock, which is also of dubious value. Great read! www.zerohedge.com/news/2014-02-21/peter-schiff-whatsapp-and-dysfunctional-and-distorted-economy
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Feb 21, 2014 20:58:32 GMT -8
PETER SCHIFF on Facebook: Mark Zuckerberg, the owner of Facebook, is not your typical corporate CEO. Through a combination of technological smarts, timing, luck, and questionable business ethics, he became a billionaire before most of us bought our first cars. And in the years since social media became the buzzword of the business world, Wall Street has been falling over backward to funnel money into the hot sector. As a result, it may be that Zuckerberg looks at real money the way the rest of us look at Monopoly money. It also helps that a large portion of the acquisition is made with Facebook stock, which is also of dubious value. Great read! www.zerohedge.com/news/2014-02-21/peter-schiff-whatsapp-and-dysfunctional-and-distorted-economyPeter is great, and yells at the top of his lungs the inarguable truth that every American needs to hear: Sooner or later, US public debt will be ruinous. It's amazing how something so obvious and indisputable is portrayed as extreme and wacko by the mainstream media.
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Mav
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Post by Mav on Feb 21, 2014 21:11:08 GMT -8
I'm too impatient to pick wheat from chaff these days. Zerohedge is eternally gloomy (structural global macroeconomic issues aside, which ANYONE with a fair, decently-functioning mind and a pair of eyes should see from miles away), and their Apple coverage is suspect at best. So, thanks for curating the good stuff, people!
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Post by phoebear611 on Feb 21, 2014 21:15:46 GMT -8
Um....I guess it's what makes markets but Schiff tends to rant and ramble like a looney tune and makes me shut down whenever he goes on one of his daily tirades. He just seems to be on the extreme end of every topic. Like I said - I guess that's what makes markets.
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Deleted
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Post by Deleted on Feb 22, 2014 0:48:44 GMT -8
Wall Street is a kink. The sooner people recognize that, the better off they'll be. If you think otherwise, you'll just be a card carrying member of Goldman Sachs' "muppets."
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Post by jmolloy on Feb 22, 2014 5:13:47 GMT -8
OMG. Good Morning Americas reporting of the iOS software update this morning was very badly done:
"iOS is completely unreliable. DO NOT USE IT IN STAR BUCKS. The world is coming to an end for Apple and it's iOS devices....
(then at end of article) Oh btw they released a fix last night, which you should download...
(but still room for one final jab) But they're being tight lipped, so who knows if you are safe?"
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Post by artman1033 on Feb 22, 2014 5:52:21 GMT -8
AS Frankie says: IT'S GONNA BE EXTREMELY COLD IN MINNESOTA ON THURSDAY! DRINK LOTS OF GREEN TEA!
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Post by Nevyn on Feb 22, 2014 6:04:44 GMT -8
I am pretty disappointed with the SSL security bug. This seems like a fundamental error and not a esoteric bug.
There will be lawsuits about this one.
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bud777
fire starter
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Post by bud777 on Feb 22, 2014 6:43:27 GMT -8
Artman......This man should be on CNBC saying "Apple is DOOMED"
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Post by artman1033 on Feb 22, 2014 8:14:13 GMT -8
OMG. Good Morning Americas reporting of the iOS software update this morning was very badly done: "iOS is completely unreliable. DO NOT USE IT IN STAR BUCKS. The world is coming to an end for Apple and it's iOS devices.... (then at end of article) Oh btw they released a fix last night, which you should download... (but still room for one final jab) But they're being tight lipped, so who knows if you are safe?" HMMMMM.. support.apple.com/kb/HT6147NSA involved?Or, maybe nothing, and this is all a coincidence. I see five levels of paranoia: Nothing. The NSA was not aware of this vulnerability. The NSA knew about it, but never exploited it. The NSA knew about it, and exploited it. NSA itself planted it surreptitiously. Apple, complicit with the NSA, added it. daringfireball.net/2014/02/apple_prism
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Post by artman1033 on Feb 22, 2014 8:17:10 GMT -8
JUST a heads up.
If you double post by accident, as I just did, go to the sprocket of your double post.
It will give you an opportunity to delete.
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Feb 22, 2014 11:20:40 GMT -8
Um....I guess it's what makes markets but Schiff tends to rant and ramble like a looney tune and makes me shut down whenever he goes on one of his daily tirades. He just seems to be on the extreme end of every topic. Like I said - I guess that's what makes markets. Uh, excuse me, deary-poo, but when every single guest on either side of the political aisle on CNBC was calling Peter Schiff a "looney tune" back in 2006-7, Peter was predicting the collapse of the real estate and credit bubble. Note how he also called the collapse of the financial services companies and banks every guest was pushing (WaMu, LOL), plus the bubble in auto loans. Peter should get the Nobel in Economics for his predictions. BTW, notice the prices of oil and gold and other commodities scrolling on the ticker as he is talking about inflation in 2006-7, vs a 13000 DOW at the time. Here's a chart of what happened after Peter's 12/29/2007 CNBC interview warning to get the hell out of the stock market and buy gold (gold is still double the price of those 2006-7 interviews). Here is Peter at the 2006 Mortgage Bankers Conference, telling the stunned and incredulous attendees that they should start looking for a different career. Still the most brilliant explanation I've heard to date of what occurred in housing, and this was before it all happened! Unless you called the real estate and credit and markets collapse in 2006, show a little respect. Not all doom-and-gloomers are cranks like Roubini.
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Post by socal Film Composer on Feb 22, 2014 11:42:26 GMT -8
Good article on Forbes about the Barclays downgrade this week. I too saw the comparison to MSFT at the height of the dot-com bubble, when their PE went as hight at 80(!) to be not very well reasoned. www.forbes.com/sites/markrogowsky/2014/02/22/no-apple-is-not-like-microsoft/?partner=yahootixThis whole idea that growth is over for apple is not one I'm willing to accept. Sure I would like apple to finally show it's HAND on what's coming next- but we know it will come. I'm sorry but FB chasing eyeballs for 16 billion seems desperate to me, not bold or innovative per se. Remember "myspace?"
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Mav
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Posts: 10,784
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Post by Mav on Feb 22, 2014 15:59:37 GMT -8
I am pretty disappointed with the SSL security bug. This seems like a fundamental error and not a esoteric bug. There will be lawsuits about this one. Like there will be for Adobe Flash and Microsoft Windows and Android. If people want to sue over this, fine. Apple's got a legal department. Of course it's a big security flaw and Apple has to face the music. So now Apple feels a bit like Target and Neiman Marcus. Fix what you have to, fire who you have to, move on.
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Post by rickag on Feb 22, 2014 18:21:51 GMT -8
I am pretty disappointed with the SSL security bug. This seems like a fundamental error and not a esoteric bug. There will be lawsuits about this one. Like there will be for Adobe Flash and Microsoft Windows and Android. If people want to sue over this, fine. Apple's got a legal department. Of course it's a big security flaw and Apple has to face the music. So now Apple feels a bit like Target and Neiman Marcus. Fix what you have to, fire who you have to, move on. Has it even been hacked yet? Hard to sue if there are no damages.
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Post by phoebear611 on Feb 22, 2014 18:33:36 GMT -8
Um....I guess it's what makes markets but Schiff tends to rant and ramble like a looney tune and makes me shut down whenever he goes on one of his daily tirades. He just seems to be on the extreme end of every topic. Like I said - I guess that's what makes markets. Uh, excuse me, deary-poo, but when every single guest on either side of the political aisle on CNBC was calling Peter Schiff a "looney tune" back in 2006-7, Peter was predicting the collapse of the real estate and credit bubble. Note how he also called the collapse of the financial services companies and banks every guest was pushing (WaMu, LOL), plus the bubble in auto loans. Peter should get the Nobel in Economics for his predictions. BTW, notice the prices of oil and gold and other commodities scrolling on the ticker as he is talking about inflation in 2006-7, vs a 13000 DOW at the time. Here's a chart of what happened after Peter's 12/29/2007 CNBC interview warning to get the hell out of the stock market and buy gold (gold is still double the price of those 2006-7 interviews). Here is Peter at the 2006 Mortgage Bankers Conference, telling the stunned and incredulous attendees that they should start looking for a different career. Still the most brilliant explanation I've heard to date of what occurred in housing, and this was before it all happened! Unless you called the real estate and credit and markets collapse in 2006, show a little respect. Not all doom-and-gloomers are cranks like Roubini. The thing is - the guy is AlWAYS an alarmist so I end up tuning him out. Granted you make several good points - darling poo - but having been on the other end of his phone calls when I was in finance was downright grating ... he's the same damn way in person! Every single time he called, the sky was falling. Unfortunately, he may have been right in many instances but his message got lost because he was a relentless nag. I was ready to stick a pencil in my eye at times. Anyway, back to these boring Olympics - US sucked in hockey today - ugh - crappy day. JD - always enjoy your posts - may not always agree but am always appreciative of your insights - peace.
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Post by artman1033 on Feb 22, 2014 18:37:23 GMT -8
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Post by phoebear611 on Feb 22, 2014 18:42:08 GMT -8
For what it's worth and if anyone even cares, Samsung announced at the Mobile World Congress in Barcelona today two new models of its Galaxy Gear smart watch, the Galaxy Gear 2 and Galaxy Gear 2 Neo (one has a camera and the other does not).
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Post by artman1033 on Feb 22, 2014 19:08:13 GMT -8
This should be an Apple commercial
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Post by artman1033 on Feb 22, 2014 19:10:43 GMT -8
Samsung has lifted the lid off two new smartwatches at Mobile World Congress. The Gear 2 and Gear 2 Neo have both ditched the Android operating system of the original Gear, instead opting for Samsung's own Tizen software. hmmmmm.. reviews.cnet.com/2300-13970_7-10019621.html
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Post by Deleted on Feb 22, 2014 21:53:01 GMT -8
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Post by gtrplyr on Feb 22, 2014 22:31:10 GMT -8
Just saw a new commercial for Chevy introducing "Siri hands free" integration ....
Why every car company out there has not struck a deal with Apple to provide in-dash integration is beyond me. I really hope to see a bigger push in this direction. My iPhone is in use constantly whenever I get in the car with either Spotify, Maps or making a call .... at the moment I have a replaced the stock radio with a Pioneer that allows bluetooth communication .... after having the stupid receiver in my car for around 3 years I still don't know how to use it as the UI is the biggest piece of crap I've ever seen. I do have it "working" but that's about it , I still can't figure out how to display the clock and I consider myself pretty good with tech.
I digress, it's good to see a car company get it ....
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Post by Deleted on Feb 23, 2014 11:45:24 GMT -8
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Post by Deleted on Feb 23, 2014 11:50:11 GMT -8
This should be an Apple commercial I don't expect ANYTHING decent in the way of innovation from ATT. Hell, look at ATT's website, an absolute failure in design and functionality.
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