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Post by phoebear611 on Apr 1, 2014 2:29:34 GMT -8
Good Morning and Happy April Fool's Day!- Asian markets mixed
- Euro markets up
- Green arrows for U.S. futures
Apple News: - Fairly quiet on the news front in AAPL - Weds., April 23rd is set as the earnings date for this quarter - Tons of media coverage after the 60 Minute piece on high frequency trading ~ Do you remember last year when we had a precipitous drop in AAPL and we were all scratching our heads? Look what a firm called Nanex research put out: www.nanex.net/aqck2/4352.html - Nothing very interesting coming out of the patent case with Samsung yet. In other news:In Shirley, Long Island, N.Y., a student, Kwasi Enin has received acceptances from all EIGHT Ivy League schools...an Ivy Royal Flush! Good for him. Looks like he wants to study medicine. Very impressive.
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Post by artman1033 on Apr 1, 2014 4:16:25 GMT -8
UNDERSTANDING WHEN TO STAY THE COURSE. Shortly after Toy Story was released in 1995, Pam Kerwin was put in charge of a new interactive division at Pixar to create two CD-ROM games based on the movie. The project was challenging, not only because the company wanted to time one of the products with the video release, but because it was a technical challenge--no one would want to play Toy Story games with lower quality graphics than the film, and home computers couldn't handle the resolution. "Everybody really rose to the occasion," says Kerwin. The games sold over a million copies--but Steve Jobs wanted more. Specifically, to sell 10 million. “I said 'You can't sell 10 million, there aren't 10 million people who have little kids with computers. These usually sell 250,000 to 500,000, and we're on top with a million.' Steve said 'Well, if that's all we can sell, we should take these people and let them make another movie’" instead of another game. Oren Jacob remembers Jobs's company-wide meeting announcing the shift. "He said 'Congratulations, you have created the most popular, best-selling CD-ROM in the history of mankind. Today's Tuesday. On Friday, we're out of business. On Monday, you're going to start working on Toy Story 2.' It was like ‘What? We just won the market!' But with the Internet on the rise, that market wouldn't exist in a week." Jobs knew it, and made the call. www.fastcompany.com/3027624/most-creative-people/building-the-next-pixar#chapter-Story_Drives_Everything
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Post by gtrplyr on Apr 1, 2014 5:46:23 GMT -8
So frustrated with this piece of shit stock ... I'm giving it till the iphone 6 announcement and after that I'm cashing out.
Still love Apple but AAPL is a disaster
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Post by macwire on Apr 1, 2014 5:52:14 GMT -8
This stock suckkkkks.
No growth. Dead money.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Apr 1, 2014 5:58:23 GMT -8
This stock suckkkkks. No growth. Dead money. Wow...with a couple of down posts, I checked here before checking AAPL and thought we were down 1%-2%...but we're green. I'd hate to see the mood down 2%.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Apr 1, 2014 6:00:38 GMT -8
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Post by gtrplyr on Apr 1, 2014 6:17:31 GMT -8
This stock suckkkkks. No growth. Dead money. Wow...with a couple of down posts, I checked here before checking AAPL and thought we were down 1%-2%...but we're green. I'd hate to see the mood down 2%. Just give it a few minutes Watching so many sectors and stocks hitting ATH's and seeing AAPL linger is what's the root of my frustration. That and ... as much as I like Tim ... I'm tired of his talking. Shut the fuck up and show me SOMETHING !!! Tired of his magical ... wonderful laser focused crap. Everyone is saying September for new iPhones and I would imagine if the iWatch integrates with the iPhone we will be waiting at least till Sept for that too. No new Apple TV .... No Payment system At this point as nice as the fingerprint sensor is I feel as if they have missed a HUGE opportunity in payments ... I still think they are working on it but I wish Steve was still there lighting a fire under everyone's ass ....
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Post by nathanstevens on Apr 1, 2014 6:23:57 GMT -8
When does Angela start?
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Post by artman1033 on Apr 1, 2014 6:32:52 GMT -8
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Post by macwire on Apr 1, 2014 6:33:14 GMT -8
This stock suckkkkks. No growth. Dead money. Wow...with a couple of down posts, I checked here before checking AAPL and thought we were down 1%-2%...but we're green. I'd hate to see the mood down 2%. Just wait for noon sell off
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Post by artman1033 on Apr 1, 2014 6:36:57 GMT -8
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Post by Red Shirted Ensign on Apr 1, 2014 6:47:30 GMT -8
I've been in this situation. Klingons are less tolerant than some long term AAPL holders. Frustration can lead to violence ...
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Post by phoebear611 on Apr 1, 2014 7:03:02 GMT -8
Phil Schiller taking the stand today in court. I'm sure we will get some snipets.
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Post by doublerainbow on Apr 1, 2014 7:18:43 GMT -8
the stock has stabilized, there won't be growth for some time! Institutions looking for growth has already abandoned aapl, at least we are not getting 2-3% up/down swings consistently in 1 day. but if you're looking for growth, better rethink your portfolio as i'm starting to do the same.
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Deleted
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Post by Deleted on Apr 1, 2014 9:20:54 GMT -8
We've already established that there won't be any growth until new categories are announced...there's no significant growth left in iPad/iPhone at least as far as Net Income goes IMHO
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Post by gtrplyr on Apr 1, 2014 9:43:30 GMT -8
the stock has stabilized, there won't be growth for some time! Institutions looking for growth has already abandoned aapl, at least we are not getting 2-3% up/down swings consistently in 1 day. but if you're looking for growth, better rethink your portfolio as i'm starting to do the same. I'd be happy with fair market value. I realize that is opening a can of worms with regards to what PE Apple deserves and the only thing I can say is I'm obviously at odds as to what that should be. That said, the markets are markets and at some point regardless of how hard we kick and scream it is what it is ..... and it sucks. One of the reasons I have a tough time selling is the fact that I've been long this stock since '01 and I feel that money in the bank is MINE ... I've fucking earned it and I'd hate to sell only to watch Tim break open the piggy bank. There are things under Tim's control with regards to cash distribution and I've defended his positions in the past .... but I think at this point I'm done defending them ... it's a ridiculous amount of cash to have on hand and they need to distribute it to their shareholders in a more aggressive manner .... the dividend is a joke ... they could easily double it without blinking an eye and still have enough cash on hand to accomplish any of their business goals. Great ... now I sound like iCahn ... who I have much disdain for .... best course of action is to start drinking now .... Hey Lovemyipad .... can you please open the bar early It's been a rough 18 months ...... Pretty please ??
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Apr 1, 2014 10:21:36 GMT -8
I guess I am more optimistic about growth. I just have to believe that even without new product categories, you cannot add 700 million new potential customers and not see an effect. I have been long Apple since 1994 and I understand the frustration. I wish I could say that we will resume the 10 points a day elevator ride again soon, but it is just not like that. You have to have a long term view to be in this stock, like a 5 year horizon.
If you are looking for a more speculative stock that has upside potential with a decent dividend, I like LINN. It had endured bear raids over the past year and is pretty beaten down. You could unload Apple an play there, then come back to Apple. Like you said, we aren't going anywhere soon
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Deleted
Deleted Member
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Post by Deleted on Apr 1, 2014 12:07:46 GMT -8
I guess I am more optimistic about growth. I just have to believe that even without new product categories, you cannot add 700 million new potential customers and not see an effect. I have been long Apple since 1994 and I understand the frustration. I wish I could say that we will resume the 10 points a day elevator ride again soon, but it is just not like that. You have to have a long term view to be in this stock, like a 5 year horizon. If you are looking for a more speculative stock that has upside potential with a decent dividend, I like LINN. It had endured bear raids over the past year and is pretty beaten down. You could unload Apple an play there, then come back to Apple. Like you said, we aren't going anywhere soon The problem is that I believe the upgrade cycle, especially outside of the US, is getting longer than every 2 years as people find the upgrades not compelling enough. For tech users, of course it is, but the majority don't care enough to warrant spending $700 for the upgrade. That's the only way I can figure out why growth has essentially stopped, since the addressable market is only getting bigger but Apple themselves aren't guiding for any growth. Also, out of the 700M China Mobile Users, how many really can't afford to buy the uPhone for $700-800 plus a large monthkly contract? I'm an Apple fan, but I'm in Canada where our contracts are subsidized. If it wasn't, I would look a lot harder at buying a Nexus 4 for $150 instead of an iPhone at $700. Here it's the difference between a Zero $ upgrade and $149. I'll pay the extra $149 for a better device, but if it was $600 extra I might think differently.
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Post by Red Shirted Ensign on Apr 1, 2014 12:22:54 GMT -8
I understand that the markets had a fine day, but what happened to AAPL at the close?
Pretty good move on better volume.
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Post by macwire on Apr 1, 2014 12:29:36 GMT -8
Nice close. Successful back test of break out?
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Post by artman1033 on Apr 1, 2014 12:45:25 GMT -8
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Post by phoebear611 on Apr 1, 2014 13:21:12 GMT -8
Wow - April 23rd is going to be crazy - not only does AAPL report but so does FB! Wonder who else?
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Post by artman1033 on Apr 1, 2014 14:16:13 GMT -8
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Post by artman1033 on Apr 1, 2014 16:26:33 GMT -8
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Post by artman1033 on Apr 1, 2014 18:19:08 GMT -8
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